The global export market for golf balls sees China as the dominant player, holding over half of the market share. In 2023, the United States and Japan followed, but with significantly lower shares. While China's share grew slightly by 0.6% year-on-year, the U.S. experienced a decline of 5.36%, and Japan remained relatively stable. Some European countries like Italy and Poland showed notable growth, while others, like Finland and Denmark, saw declines. Emerging markets like Bulgaria showed substantial increases, albeit from a low base.
Future Trends to Watch:
- Continued growth from Asian markets, with China possibly increasing its already substantial lead in the global market.
- Potential recovery or stabilization trends in the U.S. market share post-2023 decline.
- Increased contributions from smaller European markets, with some countries like Poland expected to continue growing.
- Watch for any technological advancements or changes in golf ball manufacturing that could impact global export dynamics.
Top countries in Export of Golf Balls Share by Country (Units)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 57.18 | 2023 | +0.85% | +0.6% | View data |
| 2 | 2 United States | 20.72 | 2023 | -5.61% | -5.36% | View data |
| 3 | 3 Japan | 7.78 | 2023 | -2.71% | +0.05% | View data |
| 4 | 4 Netherlands | 3.23 | 2023 | +0.94% | -1.02% | View data |
| 5 | 5 Thailand | 2.04 | 2023 | +2.41% | +2.71% | View data |
| 6 | 6 Italy | 0.26 | 2023 | -1.09% | +22.34% | View data |
| 7 | 7 Canada | 0.18 | 2023 | -30.27% | -12.7% | View data |
| 8 | 8 Czech Republic | 0.039 | 2023 | +4.99% | +9.51% | View data |
| 9 | 9 Singapore | 0.026 | 2023 | -47.4% | -33.64% | View data |
| 10 | 10 Poland | 0.026 | 2023 | +2.72% | +18.61% | View data |
