United Kingdom - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGolf Equipment Price in the UK - 2023
Contents:
- Golf Equipment Price in the UK (CIF) - 2022
- Golf Equipment Price in the UK (FOB) - 2022
- Golf Equipment Imports in the UK
- Golf Equipment Exports in the UK
Golf Equipment Price in the UK (CIF) - 2022
The average golf equipment import price stood at $4,827 per ton in 2022, waning by -2.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.9%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 25% against the previous year. As a result, import price reached the peak level of $4,952 per ton, and then declined in the following year.
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 Vietnam ($79,480 per ton), while the price for Thailand ($5,266 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Equipment Price in the UK (FOB) - 2022
In 2022, the average golf equipment export price amounted to $38,866 per ton, shrinking by -17.2% against the previous year. Overall, the export price, however, posted a buoyant increase. The growth pace was the most rapid in 2021 when the average export price increased by 442% against the previous year. As a result, the export price reached the peak level of $46,943 per ton, and then dropped significantly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($102,600 per ton), while the average price for exports to Italy ($18,331 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 Ireland (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Equipment Imports in the UK
In 2022, approx. 78K tons of golf clubs and other golf equipment were imported into the UK; growing by 16% against the year before. In general, imports, however, continue to indicate a noticeable curtailment.
In value terms, golf equipment imports stood at $375M in 2022. The total import value increased at an average annual rate of +4.9% 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 26%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Golf Equipment in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 149 | 107 | 152 | 179 | 6.3% |
| United States | 47.5 | 39.5 | 38.9 | 48.5 | 0.7% |
| Taiwan (Chinese) | 35.4 | 36.8 | 50.4 | 47.0 | 9.9% |
| Vietnam | 38.3 | 36.9 | 36.2 | 45.1 | 5.6% |
| Thailand | 21.4 | 12.7 | 22.8 | 27.7 | 9.0% |
| Indonesia | 5.9 | 4.5 | 4.1 | 4.3 | -10.0% |
| Others | 27.4 | 25.7 | 27.3 | 23.2 | -5.4% |
| Total | 325 | 263 | 332 | 375 | 4.9% |
Top Suppliers of Golf Equipment to the UK in 2022:
- United States (6.5K tons)
- Thailand (5.3K tons)
- China (5.2K tons)
- Taiwan (Chinese) (1.7K tons)
- Indonesia (0.6K tons)
- Vietnam (0.6K tons)
Golf Equipment Exports in the UK
In 2022, approx. 5.1K tons of golf clubs and other golf equipment were exported from the UK; shrinking by -5.1% on 2021 figures. Overall, exports continue to indicate a sharp downturn.
In value terms, golf equipment exports contracted notably to $200M in 2022. In general, exports recorded a deep contraction. The smallest decline of -11.9% was in 2020.
| Export of Golf Equipment in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 25.0 | 22.3 | 77.5 | 64.1 | 36.9% |
| France | 50.5 | 34.8 | 66.1 | 54.7 | 2.7% |
| Ireland | 24.3 | 26.9 | 9.2 | 10.5 | -24.4% |
| Germany | 60.3 | 52.2 | 23.7 | 10.3 | -44.5% |
| United States | 11.5 | 7.1 | 7.1 | 9.2 | -7.2% |
| South Africa | 9.5 | 5.6 | 12.1 | 8.4 | -4.0% |
| Norway | 5.2 | 6.1 | 9.1 | 7.4 | 12.5% |
| Switzerland | 9.9 | 9.6 | 8.5 | 5.3 | -18.8% |
| Sweden | 36.9 | 41.9 | 8.9 | 4.8 | -49.3% |
| United Arab Emirates | 1.0 | 1.0 | 1.7 | 4.7 | 67.5% |
| Spain | 21.1 | 15.3 | 3.6 | 2.3 | -52.2% |
| Denmark | 12.4 | 12.8 | 1.9 | 0.9 | -58.3% |
| Italy | 11.2 | 8.7 | 1.6 | 0.5 | -64.5% |
| Others | 53.2 | 48.4 | 23.0 | 16.4 | -32.4% |
| Total | 332 | 293 | 254 | 200 | -15.5% |
Top Export Markets for Golf Equipment from the UK in 2022:
- France (1050.8 tons)
- Netherlands (999.0 tons)
- Germany (328.8 tons)
- United States (212.0 tons)
- Ireland (205.2 tons)
- Sweden (122.4 tons)
- South Africa (97.5 tons)
- Norway (72.0 tons)
- Switzerland (65.1 tons)
- United Arab Emirates (60.3 tons)
- Spain (45.1 tons)
- Denmark (41.7 tons)
- Italy (28.4 tons)
This report provides an in-depth analysis of the golf equipment market in the UK. 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:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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