Slovenia: Golf Equipment Market 2024

Golf Equipment Market Size in Slovenia

The Slovene golf equipment market surged to $X in 2022, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Golf Equipment Exports

Exports from Slovenia

In 2022, exports of golf clubs and other golf equipment from Slovenia dropped remarkably to X tons, which is down by X% compared with 2021. Overall, exports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, golf equipment exports surged to $X in 2022. Over the period under review, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

Exports by Country

Serbia (X kg) was the main destination for golf equipment exports from Slovenia, with a X% share of total exports. Moreover, golf equipment exports to Serbia exceeded the volume sent to the second major destination, Bosnia and Herzegovina (X kg), threefold. The third position in this ranking was held by Austria (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Serbia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Austria (X% per year).

In value terms, Serbia ($X) emerged as the key foreign market for golf clubs and other golf equipment exports from Slovenia, comprising X% of total exports. The second position in the ranking was held by Bosnia and Herzegovina ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Serbia amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bosnia and Herzegovina (X% per year) and Austria (X% per year).

Export Prices by Country

The average golf equipment export price stood at $X per ton in 2022, with an increase of X% against the previous year. Overall, the export price recorded a significant increase. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.

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

Golf Equipment Imports

Imports into Slovenia

In 2022, purchases abroad of golf clubs and other golf equipment was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, golf equipment imports skyrocketed to $X in 2022. Overall, total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Spain (X tons), Croatia (X tons) and China (X tons) were the main suppliers of golf equipment imports to Slovenia, together comprising X% of total imports.

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

In value terms, China ($X) constituted the largest supplier of golf clubs and other golf equipment to Slovenia, comprising X% of total imports. The second position in the ranking was taken by Spain ($X), with an X% share of total imports. It was followed by Croatia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (X% per year) and Croatia (X% per year).

Import Prices by Country

The average golf equipment import price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price enjoyed strong growth. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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