Spain - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

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

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Golf Equipment Price in Spain - 2023

Contents:

  1. Golf Equipment Price in Spain (CIF) - 2022
  2. Golf Equipment Price in Spain (FOB) - 2022
  3. Golf Equipment Imports in Spain
  4. Golf Equipment Exports in Spain

Golf Equipment Price in Spain (CIF) - 2022

The average golf equipment import price stood at $653 per ton in 2022, dropping by -85.4% against the previous year. Overall, the import price saw a sharp slump. The growth pace was the most rapid in 2018 when the average import price increased by 192% against the previous year. Over the period under review, average import prices reached the maximum at $7,808 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($64,482 per ton), while the price for Bulgaria ($66 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Golf Equipment Price in Spain (FOB) - 2022

The average golf equipment export price stood at $976 per ton in 2022, growing by 28% against the previous year. In general, the export price, however, continues to indicate a abrupt descent. Over the period under review, the average export prices hit record highs at $3,563 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($16,313 per ton), while the average price for exports to Canada ($4,526 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 the United States (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Equipment Imports in Spain

Golf equipment imports into Spain skyrocketed to 52K tons in 2022, rising by 711% against the previous year's figure. In general, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, golf equipment imports soared to $34M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +93.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 63% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Import of Golf Equipment in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands2.52.16.79.354.9%
Germany0.30.15.66.9184.4%
China3.62.65.96.924.2%
France0.50.42.62.877.6%
United Kingdom11.38.71.51.9-44.8%
Taiwan (Chinese)0.71.52.21.734.4%
United States1.10.71.21.0-3.1%
BulgariaN/AN/AN/A0.10%
Others1.51.32.73.127.4%
Total21.417.428.433.716.3%

Top Suppliers of Golf Equipment to Spain in 2022:

  1. United States (undefinedK tons)
  2. France (undefinedK tons)
  3. United Kingdom (undefinedK tons)
  4. Bulgaria (1.5K tons)
  5. China (0.4K tons)
  6. Netherlands (0.2K tons)
  7. Taiwan (Chinese) (0.2K tons)
  8. Germany (0.1K tons)

Golf Equipment Exports in Spain

After three years of growth, shipments abroad of golf clubs and other golf equipment decreased by -24.6% to 8.9K tons in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +6.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +19.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, the exports reached the peak of 12K tons, and then fell markedly in the following year.

In value terms, golf equipment exports dropped slightly to $8.7M in 2022. Overall, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 54% against the previous year. As a result, the exports reached the peak of $8.9M, and then shrank slightly in the following year.

Export of Golf Equipment in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1,0241,6152,5742,15228.1%
United Kingdom4411,3471,2071,93163.6%
United States1,6217031,1241,244-8.4%
Germany13231983374177.7%
Portugal3313183954278.9%
Netherlands46.218.612532992.4%
Italy12331935527330.4%
Canada521517880204-26.8%
Others5126621,4511,35138.2%
Total4,7515,8188,9448,65322.1%

Top Export Markets for Golf Equipment from Spain in 2022:

  1. United Kingdom (199.9 tons)
  2. France (132.0 tons)
  3. United States (118.4 tons)
  4. Germany (46.2 tons)
  5. Canada (45.1 tons)
  6. Portugal (32.3 tons)
  7. Netherlands (22.3 tons)
  8. Italy (20.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the golf equipment market in Spain. 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:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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