In 2024, the re-import of golf balls to China is forecasted to begin at 204.91 thousand units, down from the actual 2023 figure. This decline continues over the following years, descending to 167.52 thousand units by 2028. Year-on-year variations indicate a steady decrease: a 4.7% drop in 2025, 4.8% in 2026, 5.0% in 2027, and 5.1% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is negative, reflecting a consistent downtrend in the market.
Future trends to watch for include:
- Changing consumer preferences which could influence demand for golf equipment.
- Technological advancements in manufacturing elsewhere reducing the need for re-import.
- Potential trade policy changes impacting re-import volumes.
