In 2023, the United States led global golf ball exports, valued at 109.72 million USD. Significant exporters include the United Kingdom, China, and Thailand, with values just above 50 million USD. Noteworthy year-on-year growth was observed in Spain (11.48%), Poland (37.11%), and Canada (11.76%). Southeast Asian countries like Thailand, South Korea, and Indonesia displayed robust growth, with increases of 3.71%, 4.61%, and 3.34% respectively. In contrast, key markets like the United States and Japan experienced declines, with the US down by 2.55% and Japan by 5.68% compared to the previous year.
Future trends to watch include:
- Emerging markets like Tanzania potentially increasing their export presence.
- The impact of economic conditions on traditional markets such as the United States and Japan.
- Continued growth in European countries, particularly Spain and Poland.
- The influence of global trade policies and environmental concerns on production and export patterns.
Top countries in Export of Golf Balls by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 109,720,000 | 2023 | -2.05% | -2.55% | View data |
| 2 | 2 United Kingdom | 58,536,000 | 2023 | +1.22% | +0.82% | View data |
| 3 | 3 China | 58,452,000 | 2023 | +0.77% | +0.56% | View data |
| 4 | 4 Thailand | 56,811,000 | 2023 | +2.82% | +3.71% | View data |
| 5 | 5 South Korea | 42,803,000 | 2023 | +3.84% | +4.61% | View data |
| 6 | 6 Indonesia | 29,571,000 | 2023 | +3.06% | +3.34% | View data |
| 7 | 7 Netherlands | 21,171,000 | 2023 | +1.38% | +0.83% | View data |
| 8 | 8 Tanzania | 10,036,000 | 2023 | +6.81% | +0.95% | View data |
| 9 | 9 Japan | 9,524,300 | 2023 | -9.1% | -5.68% | View data |
| 10 | 10 Mexico | 8,428,600 | 2023 | +3.07% | +2.58% | View data |