Report Update Nov 1, 2024

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

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Ukraine: Golf Equipment Market 2024

Golf Equipment Market Size in Ukraine

The Ukrainian golf equipment market dropped remarkably to $X in 2022, with a decrease of -73.5% 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 recorded a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Golf Equipment Exports

Exports from Ukraine

In 2022, overseas shipments of golf clubs and other golf equipment decreased by -66.7% to X units, falling for the fourth year in a row after two years of growth. In general, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2017 when exports increased by 320%. Over the period under review, the exports attained the maximum at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, golf equipment exports fell markedly to $X in 2022. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 1,438% against the previous year. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Moldova (X units) and the United States (X units) were the main destinations of golf equipment exports from Ukraine. Moreover, golf equipment exports in Moldova exceeded the figures recorded by the second-largest exporter, the United States, twofold.

From 2012 to 2022, the biggest increases were recorded for Moldova (with a CAGR of +7.2%).

In value terms, Moldova ($X) emerged as the key foreign market for golf clubs and other golf equipment exports from Ukraine, comprising 87% of total exports. The second position in the ranking was taken by the United States ($X), with a 13% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Moldova stood at +11.4%.

Export Prices by Country

The average golf equipment export price stood at $X per unit in 2022, reducing by -79% against the previous year. Over the period under review, the export price saw a abrupt decrease. The pace of growth appeared the most rapid in 2016 an increase of 320%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 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 Moldova ($X per unit), while the average price for exports to the United States totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+49.7%), while the prices for the other major destinations experienced mixed trend patterns.

Golf Equipment Imports

Imports into Ukraine

In 2022, golf equipment imports into Ukraine fell notably to X units, waning by -68.3% compared with the previous year. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by 379% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, golf equipment imports contracted remarkably to $X in 2022. In general, imports faced a deep setback. The pace of growth appeared the most rapid in 2020 when imports increased by 177% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest supplier of golf equipment to Ukraine, accounting for a 79% share of total imports. Moreover, golf equipment imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume from China amounted to -10.9%.

In value terms, China ($X) constituted the largest supplier of golf clubs and other golf equipment to Ukraine, comprising 89% of total imports. The second position in the ranking was held by Taiwan (Chinese) ($X), with a 9.9% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China was relatively modest.

Import Prices by Country

The average golf equipment import price stood at $X per unit in 2022, declining by -43.4% against the previous year. In general, the import price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2013 when the average import price increased by 187% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 China ($X per unit), while the price for Taiwan (Chinese) amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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, together accounting for 92% of global consumption.

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

The country with the largest volume of golf equipment production was China, comprising approx. 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 Ukraine?

In value terms, Japan, China and the UK appeared to be the largest golf equipment suppliers to Ukraine, with a combined 85% share of total imports. Taiwan Chinese), Indonesia and Germany lagged somewhat behind, together accounting for a further 14%.

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

In value terms, the largest markets for golf equipment exported from Ukraine were Iceland $941), Chile $616) and Portugal $31), with a combined 79% share of total exports.

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

In 2021, the average golf equipment export price amounted to $5,457 per ton, rising by 12% against the previous year.

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

In 2021, the average golf equipment import price amounted to $38,422 per ton, picking up by 62% against the previous year.

This report provides an in-depth analysis of the golf equipment market in Ukraine. 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:

Ukraine

Data coverage:

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