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United Kingdom - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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United Kingdom: Golf Equipment Market Overview 2021

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Golf Equipment Market Size in the UK

In 2019, after two years of growth, there was decline in the UK golf equipment market, when its value decreased by -X% to $X. Over the period under review, consumption, however, recorded a perceptible setback. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.

Golf Equipment Production in the UK

In value terms, golf equipment production expanded modestly to $X in 2019 estimated in export prices. Overall, production, however, saw a perceptible descent. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% y-o-y. As a result, production reached the peak level of $X. From 2015 to 2019, production growth failed to regain the momentum.

Golf Equipment Exports

Exports from the UK

In 2019, after three years of decline, there was growth in shipments abroad of golf clubs and other golf equipment, when their volume increased by X% to X tonnes. Overall, exports recorded a notable expansion. The growth pace was the most rapid in 2014 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at X tonnes in 2015; however, from 2016 to 2019, exports stood at a somewhat lower figure.

In value terms, golf equipment exports rose markedly to $X in 2019. In general, exports recorded mild growth. The growth pace was the most rapid in 2017 with an increase of X% y-o-y. Exports peaked in 2019 and are expected to retain growth in the near future.

Exports by Country

France (X tonnes), Germany (X tonnes) and Sweden (X tonnes) were the main destinations of golf equipment exports from the UK, with a combined X% share of total exports. Ireland, Spain, the Netherlands, Denmark, Italy, Finland, Belgium, Austria and the U.S. lagged somewhat behind, together comprising a further X 2007 to 2019, the biggest increases were in Finland, while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for golf equipment exported from the UK were Germany ($X), France ($X) and Sweden ($X), with a combined X% share of total exports. The Netherlands, Ireland, Spain, Denmark, the U.S., Italy, Finland, Austria and Belgium lagged somewhat behind, together accounting for a further X terms of the main countries of destination, the U.S. 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

In 2019, the average golf equipment export price amounted to $X per tonne, growing by X% against the previous year. Over the period under review, the export price, however, recorded a pronounced reduction. The most prominent rate of growth was recorded in 2018 an increase of X% y-o-y. Over the period under review, average export prices reached the peak figure at $X per tonne in 2008; however, from 2009 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Denmark ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the U.S., while the prices for the other major destinations experienced a decline.

Golf Equipment Imports

Imports into the UK

In 2019, supplies from abroad of golf clubs and other golf equipment increased by X% to X tonnes, rising for the third year in a row after two years of decline. Over the period under review, imports, however, continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tonnes in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, golf equipment imports shrank to $X in 2019. Overall, imports, however, saw a perceptible decline. The growth pace was the most rapid in 2018 when imports increased by X% year-to-year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

Imports by Country

The U.S. (X tonnes), Thailand (X tonnes) and China (X tonnes) were the main suppliers of golf equipment imports to the UK, together accounting for X% of total imports.

From 2007 to 2019, the biggest increases were in Thailand, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of golf equipment to the UK, comprising X% of total imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of total imports. It was followed by Taiwan (Chinese), with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Taiwan (Chinese) (+X% per year).

Import Prices by Country

In 2019, the average golf equipment import price amounted to $X per tonne, declining by -X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. The import price peaked at $X per tonne in 2016; however, from 2017 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Viet Nam ($X per tonne), while the price for Thailand ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for golf clubs and other golf equipment in the world?
+
The countries with the highest volumes of golf equipment consumption in 2019 were China (25K tonnes), Taiwan (Chinese) (19K tonnes) and India (18K tonnes), together comprising 37% of global consumption.
What are the largest producers of golf clubs and other golf equipment in the world?
+
China (41K tonnes) constituted the country with the largest volume of golf equipment production, accounting for 29% of total volume. Moreover, golf equipment production in China exceeded the figures recorded by the second-largest producer, Taiwan (Chinese) (18K tonnes), twofold. India (18K tonnes) ranked third in terms of total production with a 13% share.
What are the leading suppliers of golf clubs and other golf equipment to the UK?
+
In value terms, China ($142M) constituted the largest supplier of golf equipment to the UK, comprising 48% of total imports. The second position in the ranking was occupied by the U.S. ($45M), with a 15% share of total imports. It was followed by Taiwan (Chinese), with a 11% share.
What are the leading importers of golf clubs and other golf equipment from the UK?
+
In value terms, the largest markets for golf equipment exported from the UK were Germany ($61M), France ($51M) and Sweden ($37M), together accounting for 45% of total exports. The Netherlands, Ireland, Spain, Denmark, the U.S., Italy, Finland, Austria and Belgium lagged somewhat behind, together accounting for a further 40%.
What is the average export price for golf clubs and other golf equipment in the UK?
+
The average golf equipment export price stood at $36,303 per tonne in 2019, surging by 6.8% against the previous year.
What is the average import price for golf clubs and other golf equipment in the UK?
+
In 2019, the average golf equipment import price amounted to $17,857 per tonne, reducing by -8.9% against the previous year.

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 the UK. 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:
• United Kingdom

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in the UK
• 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 2030
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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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