Japan - Golf Clubs And Other Golf Equipment - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGolf Equipment Price in Japan - 2023
Contents:
- Golf Equipment Price in Japan (CIF) - 2022
- Golf Equipment Price in Japan (FOB) - 2022
- Golf Equipment Imports in Japan
- Golf Equipment Exports in Japan
Golf Equipment Price in Japan (CIF) - 2022
The average golf equipment import price stood at $8,749 per ton in 2022, picking up by 12% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.4%. The pace of growth appeared the most rapid in 2017 when the average import price increased by 21% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($109,326 per ton), while the price for Indonesia ($16,625 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Golf Equipment Price in Japan (FOB) - 2022
In 2022, the average golf equipment export price amounted to $11,062 per ton, with an increase of 7% against the previous year. In general, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, golf equipment export price increased by +17.2% against 2019 indices. The most prominent rate of growth was recorded in 2014 an increase of 45%. Over the period under review, the average export prices reached the maximum at $13,124 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($148,903 per ton), while the average price for exports to the UK ($46,965 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 Australia (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Golf Equipment Imports in Japan
In 2022, approx. 121K tons of golf clubs and other golf equipment were imported into Japan; picking up by 7.3% against the previous year's figure. The total import volume increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, golf equipment imports surged to $1.1B in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +14.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Golf Equipment in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 441 | 350 | 508 | 620 | 12.0% |
| Taiwan (Chinese) | 76.5 | 82.5 | 136 | 139 | 22.0% |
| Vietnam | 52.7 | 76.8 | 79.5 | 124 | 33.0% |
| United States | 69.5 | 58.9 | 79.0 | 83.8 | 6.4% |
| Thailand | 50.0 | 39.7 | 50.8 | 57.2 | 4.6% |
| South Korea | 8.3 | 8.5 | 14.3 | 19.1 | 32.0% |
| Indonesia | 3.2 | 4.7 | 5.3 | 3.1 | -1.1% |
| Others | 9.7 | 18.3 | 10.4 | 13.5 | 11.6% |
| Total | 711 | 640 | 883 | 1,060 | 14.2% |
Top Suppliers of Golf Equipment to Japan in 2022:
- China (5.7K tons)
- Taiwan (Chinese) (2.3K tons)
- Thailand (2.1K tons)
- United States (2.0K tons)
- Vietnam (1.3K tons)
- South Korea (0.5K tons)
- Indonesia (0.2K tons)
Golf Equipment Exports in Japan
For the fourth year in a row, Japan recorded growth in overseas shipments of golf clubs and other golf equipment, which increased by 5.9% to 49K tons in 2022. The total export volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 21%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, golf equipment exports rose sharply to $539M in 2022. In general, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.
| Export of Golf Equipment in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 196 | 220 | 292 | 339 | 20.0% |
| China | 24.3 | 29.5 | 40.6 | 43.2 | 21.1% |
| United States | 34.4 | 30.4 | 35.7 | 39.6 | 4.8% |
| Hong Kong SAR | 29.9 | 17.3 | 22.1 | 19.9 | -12.7% |
| Vietnam | 6.2 | 10.1 | 12.3 | 19.8 | 47.3% |
| Taiwan (Chinese) | 10.7 | 15.1 | 15.7 | 18.2 | 19.4% |
| Malaysia | 6.8 | 6.2 | 7.7 | 9.4 | 11.4% |
| Netherlands | 7.2 | 7.9 | 7.1 | 7.3 | 0.5% |
| United Kingdom | 6.6 | 5.8 | 6.8 | 6.9 | 1.5% |
| Australia | 6.8 | 8.8 | 7.2 | 6.6 | -1.0% |
| Others | 22.2 | 17.9 | 28.0 | 28.3 | 8.4% |
| Total | 351 | 369 | 476 | 539 | 15.4% |
Top Export Markets for Golf Equipment from Japan in 2022:
- South Korea (3.0K tons)
- China (0.7K tons)
- United States (0.6K tons)
- Vietnam (0.2K tons)
- Australia (0.1K tons)
- Taiwan (Chinese) (0.1K tons)
- United Kingdom (0.1K tons)
- Malaysia (0.1K tons)
- Netherlands (0.1K tons)
- Hong Kong SAR (0.1K tons)
This report provides an in-depth analysis of the golf equipment market in Japan. 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:
- Japan
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Japan
- 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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