The forecasted re-import value of complete golf clubs to China displays a notable decreasing trend from 2024 to 2028. In 2023, the volume was higher than 54.95 thousand units, as 2024 continues with this volume. Year-on-year, the trend shows significant reductions: a decrease of approximately 24.7% from 2024 to 2025, 32.1% from 2025 to 2026, 46.4% from 2026 to 2027, and 84.8% from 2027 to 2028.
CAGR analysis over these five years reveals a steep negative trend, underlining the dwindling demand or shift in source preferences. Key points to watch include:
- Economic factors affecting buyer behavior.
- Policy changes on import tariffs or domestic production incentives.
- Shifts in golf popularity or changes in tourism patterns capturing the domestic market’s interest.