Malaysia - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGolf Equipment Price in Malaysia - 2021
Contents:
- Golf Equipment Price in Malaysia (CIF) - 2022
- Golf Equipment Price in Malaysia (FOB) - 2022
- Golf Equipment Imports in Malaysia
- Golf Equipment Exports in Malaysia
Golf Equipment Price in Malaysia (CIF) - 2022
In 2022, the average golf equipment import price amounted to $5,513 per ton, which is down by -49% against the previous year. Over the period under review, the import price saw a abrupt slump. The pace of growth was the most pronounced in 2016 when the average import price increased by 85%. As a result, import price attained the peak level of $14,205 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 Hong Kong SAR ($121,408 per ton), while the price for Thailand ($8,924 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Equipment Price in Malaysia (FOB) - 2022
In 2022, the average golf equipment export price amounted to $49,061 per ton, rising by 320% against the previous year. In general, the export price saw resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($106,748 per ton), while the average price for exports to Germany ($1,997 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 Japan (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Equipment Imports in Malaysia
In 2022, the amount of golf clubs and other golf equipment imported into Malaysia surged to 4.6K tons, picking up by 108% on the previous year's figure. Over the period under review, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, golf equipment imports rose rapidly to $25M in 2022. The total import value increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
Import of Golf Equipment in Malaysia (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 8.0 | 6.9 | 10.9 | 9.1 | 4.4% |
China | 3.7 | 3.9 | 5.1 | 4.7 | 8.3% |
Hong Kong SAR | 1.5 | 0.9 | 1.1 | 1.3 | -4.7% |
Taiwan (Chinese) | 1.2 | 0.6 | 1.1 | 1.0 | -5.9% |
United States | 1.9 | 2.5 | 2.9 | 1.0 | -19.3% |
Indonesia | 0.6 | 0.6 | 0.8 | 0.8 | 10.1% |
Vietnam | 0.6 | 0.7 | 0.6 | 0.7 | 5.3% |
Thailand | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
South Korea | 0.5 | 0.1 | 0.1 | 0.2 | -26.3% |
Others | 3.7 | 0.7 | 1.0 | 6.0 | 17.5% |
Total | 21.8 | 17.0 | 23.8 | 25.3 | 5.1% |
Top Suppliers of Golf Equipment to Malaysia in 2022:
- China (134.4 tons)
- Japan (87.1 tons)
- Indonesia (77.2 tons)
- Taiwan (Chinese) (47.5 tons)
- United States (36.8 tons)
- Thailand (35.2 tons)
- Vietnam (16.3 tons)
- Hong Kong SAR (10.9 tons)
- South Korea (10.7 tons)
Golf Equipment Exports in Malaysia
In 2022, approx. 147 tons of golf clubs and other golf equipment were exported from Malaysia; reducing by -63% on the previous year. Overall, exports recorded a dramatic slump. The growth pace was the most rapid in 2021 with an increase of 48%.
In value terms, golf equipment exports skyrocketed to $7.2M in 2022. In general, exports continue to indicate a noticeable contraction. The growth pace was the most rapid in 2021 with an increase of 59% against the previous year.
Export of Golf Equipment in Malaysia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Singapore | 2,257 | 947 | 2,522 | 1,743 | -8.3% |
Indonesia | 788 | 248 | 1,762 | 1,102 | 11.8% |
Vietnam | 1,084 | 281 | 973 | 614 | -17.3% |
United Arab Emirates | 513 | 147 | 722 | 499 | -0.9% |
Myanmar | 552 | 188 | 591 | 396 | -10.5% |
India | 229 | 41.3 | 293 | 197 | -4.9% |
South Korea | 357 | 84.3 | 460 | 180 | -20.4% |
Japan | 339 | 112 | 141 | 171 | -20.4% |
Denmark | 161 | 156 | 186 | 164 | 0.6% |
Philippines | 428 | 120 | 491 | 121 | -34.4% |
Brunei Darussalam | 24.1 | 38.9 | 84.2 | 78.9 | 48.5% |
Germany | 23.8 | 13.5 | 19.0 | 8.6 | -28.8% |
Others | 1,293 | 550 | -3,600.9 | 1,946 | 14.6% |
Total | 8,050 | 2,927 | 4,643 | 7,220 | -3.6% |
Top Export Markets for Golf Equipment from Malaysia in 2022:
- Denmark (43.8 tons)
- Singapore (38.1 tons)
- Indonesia (18.7 tons)
- Vietnam (8.6 tons)
- Japan (7.4 tons)
- South Korea (7.4 tons)
- Myanmar (5.2 tons)
- United Arab Emirates (4.7 tons)
- Germany (4.3 tons)
- India (2.8 tons)
- Brunei Darussalam (2.7 tons)
- Philippines (2.0 tons)
This report provides an in-depth analysis of the golf equipment market in Malaysia. 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:
- Malaysia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Malaysia
- 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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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.