Nigeria - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGolf Equipment Price in Nigeria - 2022
Contents:
Golf Equipment Price in Nigeria (CIF) - 2022
In 2022, the average golf equipment import price amounted to $6,141 per ton, picking up by 58% against the previous year. In general, the import price showed a remarkable increase. The pace of growth was the most pronounced in 2016 an increase of 189%. As a result, import price reached the peak level of $9,541 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($49,080 per ton), while the price for Italy ($4,929 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+375.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Equipment Imports in Nigeria
In 2022, golf equipment imports into Nigeria skyrocketed to 53 tons, jumping by 118% on the previous year. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 583% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, golf equipment imports soared to $325K in 2022. Overall, imports enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Golf Equipment in Nigeria (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 1.5 | 4.7 | 7.8 | 41.5 | 202.4% |
United Kingdom | 0.4 | 10.3 | 2.8 | 37.1 | 352.7% |
United States | 5.5 | 9.0 | 28.1 | 34.5 | 84.4% |
South Africa | 1.6 | 4.7 | 6.1 | 27.9 | 159.3% |
Austria | 1.7 | 1.7 | 3.7 | 22.8 | 137.6% |
South Korea | 4.4 | 5.9 | 5.1 | 11.3 | 36.9% |
China | 2.5 | 29.7 | 10.2 | 10.1 | 59.3% |
Italy | 0.4 | 0.2 | 5.8 | 4.3 | 120.7% |
Others | 18.5 | 22.1 | 24.9 | 135 | 94.0% |
Total | 36.6 | 88.3 | 94.6 | 325 | 107.1% |
Top Suppliers of Golf Equipment to Nigeria in 2022:
- South Africa (3.6 tons)
- United States (2.4 tons)
- Austria (2.2 tons)
- China (1.3 tons)
- United Kingdom (1.1 tons)
- Italy (0.9 tons)
- France (0.8 tons)
- South Korea (0.3 tons)
This report provides an in-depth analysis of the golf equipment market in Nigeria. 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:
- Nigeria
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Nigeria
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.
Golf is a popular sport that attracts enthusiasts from around the globe. The demand for golf equipment has skyrocketed, leading to an increase in the import market. The United States, Japan, Hong Kong SAR, South Korea, Mexico, the United Kingdom, China, Canada, the Netherlands, and Germany are the world's top import markets for golf equipment. The IndexBox market intelligence platform offers valuable data and insights into these markets.
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
In 2016, the global imports of golf equipment amounted to X tons, picking up by X% against the previous year figure. The total import volume increased at an average annual rate of +X% over the ...
Explore the top import markets for gym and fitness equipment with key statistics and data. Learn about the leading countries in terms of import value and the opportunities they offer for manufacturers.