Netherlands: Golf Equipment Market 2024

Golf Equipment Market Size in the Netherlands

The Dutch golf equipment market was finally on the rise to reach $X in 2022, after two years of decline. In general, consumption recorded buoyant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Golf Equipment Production in the Netherlands

In value terms, golf equipment production expanded remarkably to $X in 2022 estimated in export price. Over the period under review, production showed a resilient increase. The most prominent rate of growth was recorded in 2013 with an increase of X%. Golf equipment production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Golf Equipment Exports

Exports from the Netherlands

In 2022, approx. X tons of golf clubs and other golf equipment were exported from the Netherlands; increasing by X% against the year before. Over the period under review, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2020 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 immediate term.

In value terms, golf equipment exports fell to $X in 2022. Overall, exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

The UK (X tons), Germany (X tons) and France (X tons) were the main destinations of golf equipment exports from the Netherlands, together accounting for X% of total exports. Spain, Sweden, Switzerland, Belgium, Denmark, Norway, Ireland, Portugal, Italy and Poland lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Switzerland (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 the Netherlands were France ($X), Germany ($X) and the UK ($X), together comprising X% of total exports. Spain, Switzerland, Sweden, Belgium, Norway, Ireland, Denmark, Italy, Poland and Portugal lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average golf equipment export price amounted to $X per ton, with a decrease of X% against the previous year. Overall, export price indicated a temperate increase from 2012 to 2022: its price 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, golf equipment export price increased by X% against 2018 indices. The pace of growth was the most pronounced in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the UK ($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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Golf Equipment Imports

Imports into the Netherlands

Golf equipment imports into the Netherlands skyrocketed to X tons in 2022, increasing by X% compared with 2021. Overall, imports showed a remarkable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, golf equipment imports shrank to $X in 2022. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

In 2022, the UK (X tons) constituted the largest golf equipment supplier to the Netherlands, with a X% share of total imports. Moreover, golf equipment imports from the UK exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Indonesia (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 the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Indonesia (X% per year).

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

From 2012 to 2022, the average annual growth rate of value from the UK totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

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 showed a slight slump. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. The import price peaked at $X per ton in 2021, and then dropped 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 Belgium ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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