Report Update Nov 1, 2024

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

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Italy: Golf Equipment Market 2024

Golf Equipment Market Size in Italy

After two years of growth, the Italian golf equipment market decreased by -93.4% to $X in 2022. Overall, consumption saw a sharp downturn. As a result, consumption reached the peak level of $X, and then dropped sharply in the following year.

Golf Equipment Exports

Exports from Italy

Golf equipment exports from Italy shrank sharply to X units in 2022, which is down by -18.7% compared with the previous year. In general, exports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of 271%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, golf equipment exports reduced notably to $X in 2022. Overall, exports recorded a abrupt slump. The pace of growth appeared the most rapid in 2014 when exports increased by 51% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Spain (X units), France (X units) and Brazil (X units) were the main destinations of golf equipment exports from Italy, together accounting for 78% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (with a CAGR of +301.0%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for golf equipment exported from Italy were Spain ($X), France ($X) and Switzerland ($X), with a combined 85% share of total exports. The UK, Brazil and Germany lagged somewhat behind, together comprising a further 4.3%.

Brazil, with a CAGR of +96.2%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average golf equipment export price stood at $X per unit in 2022, rising by 2.7% against the previous year. Over the period under review, the export price showed slight growth. The pace of growth appeared the most rapid in 2018 an increase of 65% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the 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 France ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+3.9%), while the prices for the other major destinations experienced mixed trend patterns.

Golf Equipment Imports

Imports into Italy

In 2022, the amount of golf clubs and other golf equipment imported into Italy shrank modestly to X units, waning by -3.8% against the year before. Over the period under review, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 60%. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, golf equipment imports reduced sharply to $X in 2022. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 54% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), Germany (X units) and China (X units) were the main suppliers of golf equipment imports to Italy, together accounting for 64% of total imports. France, Pakistan, Belgium, Taiwan (Chinese), Turkey, Spain, the United States and the UK lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +130.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest golf equipment suppliers to Italy were Germany ($X), the Netherlands ($X) and France ($X), together accounting for 80% of total imports. China, Belgium, Spain, Pakistan, the UK, Turkey, the United States and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 17%.

In terms of the main suppliers, Turkey, with a CAGR of +57.9%, saw the highest rates of growth with regard to 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 unit in 2022, dropping by -30.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 37% against the previous year. As a result, import price attained the peak level of $X per unit, and then contracted sharply 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 France ($X per unit), while the price for Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox 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 in 2021 were China, South Africa and India, with a combined 92% share of global consumption.

What are the largest producers of golf clubs and other golf equipment in the world?

China constituted the country with the largest volume of golf equipment production, accounting for 88% of total volume. Moreover, golf equipment production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold.

What are the leading suppliers of golf clubs and other golf equipment to Italy?

In value terms, the largest golf equipment suppliers to Italy were the Netherlands, France and Germany, with a combined 77% share of total imports. These countries were followed by Belgium, China, Turkey and Taiwan Chinese), which together accounted for a further 11%.

What are the leading importers of golf clubs and other golf equipment from Italy?

In value terms, Spain, France and the United States appeared to be the largest markets for golf equipment exported from Italy worldwide, with a combined 80% share of total exports. These countries were followed by the UK, Switzerland, Germany and Morocco, which together accounted for a further 11%.

What is the average export price for golf clubs and other golf equipment in Italy?

In 2021, the average golf equipment export price amounted to $56,697 per ton, picking up by 45% against the previous year.

What is the average import price for golf clubs and other golf equipment in Italy?

In 2021, the average golf equipment import price amounted to $46,755 per ton, increasing by 8% against the previous year.

This report provides an in-depth analysis of the golf equipment market in Italy. 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 2030.

Product coverage:

Prodcom 32301530 - Golf clubs and other golf equipment (including golf balls)

Country coverage:

Italy

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Italy
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023