Report Update: Apr 1, 2024

South Africa - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights

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Golf Equipment Price in South Africa - 2023

Golf Equipment Price in South Africa (CIF) - 2022

In 2022, the average golf equipment import price amounted to $7,549 per ton, dropping by -13.9% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 40% against the previous year. Over the period under review, average import prices hit record highs at $8,797 per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($112,178 per ton), while the price for Indonesia ($16,563 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Equipment Price in South Africa (FOB) - 2022

In 2022, the average golf equipment export price amounted to $6,280 per ton, with a decrease of -47.2% against the previous year. Over the period under review, the export price saw a pronounced descent. The growth pace was the most rapid in 2017 when the average export price increased by 112% against the previous year. As a result, the export price reached the peak level of $16,093 per ton. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($33,439 per ton), while the average price for exports to Lesotho ($7,994 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Namibia (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Equipment Imports in South Africa

Golf equipment imports into South Africa rose significantly to 3.7K tons in 2022, with an increase of 13% against the year before. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 29%. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, golf equipment imports shrank modestly to $28M in 2022. In general, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +76.9% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 82%. As a result, imports attained the peak of $28M, and then contracted slightly in the following year.

Import of Golf Equipment in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	8.8	5.6	11.2	10.8	7.1%
Taiwan (Chinese)	1.7	1.6	3.3	3.4	26.0%
United Kingdom	1.9	1.4	2.8	3.3	20.2%
United States	2.7	2.2	3.5	2.9	2.4%
Thailand	1.8	1.1	2.7	2.0	3.6%
Japan	1.7	1.2	1.3	1.6	-2.0%
Indonesia	0.8	0.6	0.7	0.7	-4.4%
Others	1.9	1.8	3.0	3.0	16.4%
Total	21.3	15.6	28.4	27.7	9.2%

Top Suppliers of Golf Equipment to South Africa in 2022:

China (208.9 tons)
Thailand (105.2 tons)
United States (96.1 tons)
Taiwan (Chinese) (68.1 tons)
Japan (46.8 tons)
Indonesia (40.4 tons)
United Kingdom (29.2 tons)

Golf Equipment Exports in South Africa

For the fourth year in a row, South Africa recorded growth in overseas shipments of golf clubs and other golf equipment, which increased by 129% to 212 tons in 2022. Overall, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, golf equipment exports skyrocketed to $1.3M in 2022. The total export value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Golf Equipment in South Africa (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Mauritius	101	136	171	339	49.7%
Namibia	164	181	224	223	10.8%
Malawi	16.1	14.6	52.6	150	110.4%
Zambia	70.6	77.5	83.3	86.9	7.2%
United States	419	68.7	125	68.8	-45.2%
Democratic Republic of the Congo	30.1	26.4	37.5	66.4	30.2%
Botswana	79.7	58.2	105	50.7	-14.0%
Swaziland	37.4	22.5	23.7	48.0	8.7%
Lesotho	20.3	29.8	122	40.6	26.0%
Zimbabwe	25.1	53.8	60.7	38.2	15.0%
Mozambique	12.3	22.2	8.4	22.5	22.3%
Others	195	455	85.5	195	0.0%
Total	1,171	1,146	1,100	1,330	4.3%

Top Export Markets for Golf Equipment from South Africa in 2022:

Mauritius (10.1 tons)
Namibia (7.1 tons)
Zambia (5.3 tons)
Lesotho (5.1 tons)
Swaziland (4.1 tons)
Botswana (3.3 tons)
Zimbabwe (3.2 tons)
Mozambique (2.6 tons)
Democratic Republic of the Congo (2.4 tons)
Malawi (1.6 tons)
United States (0.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the golf equipment market in South Africa. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32301530 - Golf clubs and other golf equipment (including golf balls)

Country coverage:

South Africa

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in South Africa
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023