France: Golf Equipment Market 2024

Golf Equipment Market Size in France

The French golf equipment market contracted dramatically to $X in 2022, falling by X% against the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then declined remarkably in the following year.

Golf Equipment Production in France

In value terms, golf equipment production expanded modestly to $X in 2022 estimated in export price. In general, production continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Golf Equipment Exports

Exports from France

In 2022, approx. X tons of golf clubs and other golf equipment were exported from France; jumping by X% compared with 2021. In general, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, golf equipment exports expanded rapidly to $X in 2022. Over the period under review, exports posted a strong increase. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), Sweden (X tons) and Spain (X tons) were the main destinations of golf equipment exports from France, with a combined X% share of total exports. The Netherlands, the UK, Italy, Denmark, Finland, Ireland, Poland, Belgium, Austria and Switzerland lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for golf equipment exported from France were Germany ($X), Sweden ($X) and Spain ($X), together comprising X% of total exports. The Netherlands, Italy, Denmark, Finland, Belgium, Ireland, the UK, Austria, Poland and Switzerland lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Finland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average golf equipment export price stood at $X per ton in 2022, shrinking by X% against the previous year. In general, the export price faced a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2019 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Poland ($X 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 Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Equipment Imports

Imports into France

In 2022, purchases abroad of golf clubs and other golf equipment increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, imports enjoyed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, golf equipment imports dropped to $X in 2022. Overall, imports saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then dropped modestly in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest golf equipment supplier to France, accounting for a X% share of total imports. Moreover, golf equipment imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), twofold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (X% per year) and the Netherlands (X% per year).

In value terms, the largest golf equipment suppliers to France were the UK ($X), China ($X) and the Netherlands ($X), together accounting for X% of total imports. Germany, Taiwan (Chinese), Belgium, Spain and the United States lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Spain, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average golf equipment import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton, and then shrank rapidly 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 the UK ($X per ton), while the price for Taiwan (Chinese) ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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