Feb 1, 2019

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

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Cyprus: Golf Equipment Market Overview 2019

Golf Equipment Market Size in Cyprus

The revenue of the golf equipment market in Cyprus amounted to $X in 2018, rising by X% against the previous year. Overall, golf equipment consumption continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2010, when the market value increased by X% year-to-year. Cyprus golf equipment consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Golf Equipment Production in Cyprus

In value terms, golf equipment production amounted to $X in 2018 estimated in export prices. Over the period under review, golf equipment production continues to indicate a relatively flat trend pattern.

Golf Equipment Exports

Exports from Cyprus

In 2018, the amount of golf clubs and other golf equipment exported from Cyprus totaled X kg, reducing by -X% against the previous year. In general, golf equipment exports, however, continue to indicate a strong increase. The pace of growth was the most pronounced in 2014, with an increase of X% y-o-y. Cyprus exports peaked at X tonnes in 2015; however, from 2016 to 2018, exports failed to regain their momentum.

In value terms, golf equipment exports stood at $X in 2018. Overall, golf equipment exports, however, continue to indicate a strong growth. The pace of growth was the most pronounced in 2014, with an increase of X% against the previous year. Cyprus exports peaked at $X in 2015; however, from 2016 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X tonnes), distantly followed by the U.S. (X tonnes), Thailand (X tonnes), Taiwan, Chinese (X tonnes), the UK (X tonnes) and China, Hong Kong SAR (X tonnes) were the main exporters of golf clubs and other golf equipment, together generating X% of total exports. Japan (X tonnes), Indonesia (X tonnes), the Netherlands (X tonnes), Viet Nam (X tonnes), Mexico (X tonnes) and South Korea (X tonnes) took a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest golf equipment supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global exports. It was followed by the U.S., with a X% share.

In China, golf equipment exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: China, Hong Kong SAR (-X% per year) and the U.S. (-X% per year).

Export Prices by Country

In 2018, the golf equipment export price in Cyprus amounted to $X per kg, rising by X% against the previous year. In general, the golf equipment export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018, an increase of X% against the previous year. In that year, the export prices for golf clubs and other golf equipment attained their peak level, and is likely to continue its growth in the immediate term.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Mexico ($X per kg), while Indonesia ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Golf Equipment Imports

Imports into Cyprus

In 2018, the amount of golf clubs and other golf equipment imported into Cyprus amounted to X tonnes, surging by X% against the previous year. In general, the total imports indicated a temperate expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the golf equipment imports increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2018, when imports increased by X% y-o-y. In that year, golf equipment imports attained their peak , and are likely to continue its growth in the immediate term.

In value terms, golf equipment imports stood at $X in 2018. In general, golf equipment imports continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2010, with an increase of X% y-o-y. Over the period under review, golf equipment imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Japan (X tonnes) and China, Hong Kong SAR (X tonnes) were the main importers of golf clubs and other golf equipment across the globe, together recording approx. X% of total imports. The U.S. (X tonnes) ranks next in terms of the total imports with a X% share, followed by the UK (X%). Mexico (X tonnes), Canada (X tonnes), South Korea (X tonnes) and the Netherlands (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mexico, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Japan ($X) and China, Hong Kong SAR ($X) constituted the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by the UK, South Korea, Mexico, Canada, the Netherlands and Cyprus, which together accounted for a further X experienced the highest growth rate of imports, among the main importing countries over the last eleven year period, while the other leaders experienced a decline in the imports figures.

Import Prices by Country

The golf equipment import price in Cyprus stood at $X per kg in 2018, reducing by -X% against the previous year. In general, the golf equipment import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2012, an increase of X% year-to-year. Over the period under review, the import prices for golf clubs and other golf equipment reached their peak figure at $X per kg in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was South Korea ($X per kg), while Japan ($X per kg) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Mexico, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32301530 - Golf clubs and other golf equipment (including golf balls)

This report provides an in-depth analysis of the golf equipment market in Cyprus. 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 2025.


Country coverage:
• Cyprus

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Cyprus
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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