Central Asia: Golf Equipment Market 2024

Golf Equipment Market Size in Central Asia

The Central Asian golf equipment market reduced to $X in 2022, shrinking by X% against the previous year. In general, consumption recorded a deep setback. The pace of growth was the most pronounced in 2017 when the market value increased by X%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Golf Equipment Production in Central Asia

In value terms, golf equipment production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Golf Equipment Exports

Exports in Central Asia

In 2022, the amount of golf clubs and other golf equipment exported in Central Asia surged to X kg, increasing by X% against 2021. In general, exports continue to indicate prominent growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, golf equipment exports skyrocketed to $X in 2022. Overall, exports recorded a resilient increase. The growth pace was the most rapid in 2019 when exports increased by X%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

Exports by Country

Kyrgyzstan was the key exporting country with an export of about X kg, which recorded X% of total exports. It was distantly followed by Uzbekistan (X kg), making up a X% share of total exports. Kazakhstan (X kg) took a little share of total exports.

Kyrgyzstan was also the fastest-growing in terms of the golf clubs and other golf equipment exports, with a CAGR of X% from 2012 to 2022. At the same time, Uzbekistan (X%) displayed positive paces of growth. By contrast, Kazakhstan (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Kyrgyzstan and Uzbekistan increased by X and X percentage points, respectively.

In value terms, Kyrgyzstan ($X) remains the largest golf equipment supplier in Central Asia, comprising X% of total exports. The second position in the ranking was held by Uzbekistan ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Kyrgyzstan amounted to X%. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Kazakhstan (X% per year).

Export Prices by Country

The export price in Central Asia stood at $X per ton in 2022, dropping by X% against the previous year. Over the period under review, the export price recorded a pronounced setback. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. The level of export peaked at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Kazakhstan ($X per ton), while Uzbekistan ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uzbekistan (X%), while the other leaders experienced a decline in the export price figures.

Golf Equipment Imports

Imports in Central Asia

In 2022, supplies from abroad of golf clubs and other golf equipment decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports reached the peak of X tons, and then dropped in the following year.

In value terms, golf equipment imports soared to $X in 2022. In general, imports, however, saw a resilient increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Imports by Country

Kazakhstan was the largest importing country with an import of about X tons, which reached X% of total imports. Uzbekistan (X tons) ranks second in terms of the total imports with a X% share, followed by Mongolia (X%) and Kyrgyzstan (X%). Tajikistan (X tons) took a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Uzbekistan (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Kazakhstan ($X) constitutes the largest market for imported golf clubs and other golf equipment in Central Asia, comprising X% of total imports. The second position in the ranking was taken by Uzbekistan ($X), with a X% share of total imports. It was followed by Mongolia, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Kazakhstan totaled X%. In the other countries, the average annual rates were as follows: Uzbekistan (X% per year) and Mongolia (X% per year).

Import Prices by Country

The import price in Central Asia stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price continues to indicate a moderate expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Kazakhstan ($X per ton), while Mongolia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tajikistan (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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