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Sri Lanka - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGolf Equipment Price in Sri Lanka - 2021
Contents:
- Golf Equipment Price in Sri Lanka (FOB) - 2022
- Golf Equipment Price in Sri Lanka (CIF) - 2022
- Golf Equipment Exports in Sri Lanka
- Golf Equipment Imports in Sri Lanka
Golf Equipment Price in Sri Lanka (FOB) - 2022
The average golf equipment export price stood at $246,926 per ton in 2022, with an increase of 145% against the previous year. In general, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2020 an increase of 441%. The export price peaked in 2022 and is likely to continue growth in the immediate term.
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 Jordan ($135,182 per ton), while the average price for exports to Canada ($833 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 Germany (+9.7%), while the prices for the other major destinations experienced a decline.
Golf Equipment Price in Sri Lanka (CIF) - 2022
In 2022, the average golf equipment import price amounted to $3,832 per ton, growing by 118% against the previous year. Over the period under review, the import price, however, recorded a abrupt shrinkage. The import price peaked at $11,627 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($41,439 per ton), while the price for Pakistan ($5,236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Equipment Exports in Sri Lanka
For the third consecutive year, Sri Lanka recorded decline in overseas shipments of golf clubs and other golf equipment, which decreased by -89.8% to 284 kg in 2022. Overall, exports faced a dramatic slump. The smallest decline of -40.2% was in 2021.
In value terms, golf equipment exports fell remarkably to $70K in 2022. Over the period under review, exports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2020 when exports increased by 177% against the previous year.
Export of Golf Equipment in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 51.7 | 208 | 159 | 33.4 | -13.6% |
Jordan | N/A | N/A | N/A | 1.5 | 0% |
Ukraine | N/A | N/A | 0.1 | 0.2 | 100.0% |
India | 1.1 | 2.9 | 0.9 | N/A | -9.5% |
Maldives | 0.3 | 0.3 | N/A | N/A | 0.0% |
Canada | N/A | 0.1 | N/A | N/A | 0% |
Others | 23.8 | 2.1 | 120 | 35.0 | 13.7% |
Total | 76.9 | 213 | 280 | 70.1 | -3.0% |
Top Export Markets for Golf Equipment from Sri Lanka in 2022:
- Germany (286.0 kg)
- Ukraine (11.0 kg)
- Jordan (11.0 kg)
- Maldives (10.0 kg)
- Canada (6.0 kg)
Golf Equipment Imports in Sri Lanka
In 2022, purchases abroad of golf clubs and other golf equipment decreased by -61.3% to 28 tons, falling for the second year in a row after two years of growth. In general, imports recorded a dramatic descent. The pace of growth appeared the most rapid in 2020 with an increase of 93%. As a result, imports attained the peak of 165 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, golf equipment imports plummeted to $107K in 2022. Overall, imports faced a abrupt shrinkage. The smallest decline of -3.2% was in 2020.
Import of Golf Equipment in Sri Lanka (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 14.7 | 10.2 | 14.1 | 42.4 | 42.3% |
India | 10.1 | 10.6 | 11.9 | 12.9 | 8.5% |
United States | 3.7 | 1.7 | 13.1 | 12.8 | 51.2% |
United Arab Emirates | 2.8 | 1.4 | 4.1 | 10.9 | 57.3% |
France | N/A | N/A | N/A | 8.9 | 0% |
Pakistan | 1.6 | 1.8 | 2.6 | 7.4 | 66.6% |
Indonesia | 2.5 | 2.3 | 0.5 | 3.5 | 11.9% |
Japan | 2.7 | 7.6 | 3.8 | 2.1 | -8.0% |
Germany | 86.6 | 89.5 | 45.3 | 0.6 | -80.9% |
Australia | 7.9 | 0.6 | 4.7 | 0.1 | -76.7% |
Taiwan (Chinese) | 1.0 | 0.6 | 10.2 | N/A | 219.4% |
Others | 45.0 | 46.9 | 16.9 | 5.8 | -49.5% |
Total | 179 | 173 | 127 | 107 | -15.8% |
Top Suppliers of Golf Equipment to Sri Lanka in 2022:
- Australia (undefined tons)
- Germany (undefined tons)
- Japan (undefined tons)
- China (4.8 tons)
- Pakistan (1.4 tons)
- France (0.9 tons)
- United Arab Emirates (0.8 tons)
- United States (0.5 tons)
- India (0.3 tons)
- Indonesia (0.2 tons)
This report provides an in-depth analysis of the golf equipment market in Sri Lanka. 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:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- 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
-
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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