Jul 5, 2025
IndexBox has just published a new report: MENA – Golf Clubs And Other Golf Equipment – Market Analysis, Forecast, Size, Trends and Insights.
The golf equipment market in MENA is forecasted to steadily increase over the next decade, with a projected CAGR of +0.4% in volume and +1.5% in value from 2024 to 2035. By the end of 2035, the market is expected to reach 141M units and $217M in nominal prices, driven by growing demand for golf clubs and equipment.
Market Forecast
Driven by increasing demand for golf clubs and other golf equipment in MENA, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +0.4% for the period from 2024 to 2035, which is projected to bring the market volume to 141M units by the end of 2035.
In value terms, the market is forecast to increase with an anticipated CAGR of +1.5% for the period from 2024 to 2035, which is projected to bring the market value to $217M (in nominal wholesale prices) by the end of 2035.
ConsumptionMENA’s Consumption of Golf Clubs And Other Golf Equipment
In 2024, golf equipment consumption in MENA declined to 135M units, shrinking by -13.9% compared with 2023 figures. The total consumption volume increased at an average annual rate of +2.1% over the period from 2013 to 2024; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The volume of consumption peaked at 157M units in 2021; however, from 2022 to 2024, consumption failed to regain momentum.
The value of the golf equipment market in MENA contracted notably to $185M in 2024, waning by -18.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). The total consumption indicated a pronounced expansion from 2013 to 2024: its value increased at an average annual rate of +4.2% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $227M in 2023, and then shrank significantly in the following year.
Consumption By Country
Turkey (63M units) constituted the country with the largest volume of golf equipment consumption, comprising approx. 46% of total volume. Moreover, golf equipment consumption in Turkey exceeded the figures recorded by the second-largest consumer, Algeria (21M units), threefold. The third position in this ranking was held by Syrian Arab Republic (13M units), with a 9.6% share.
In Turkey, golf equipment consumption increased at an average annual rate of +3.5% over the period from 2013-2024. In the other countries, the average annual rates were as follows: Algeria (+3.7% per year) and Syrian Arab Republic (+0.2% per year).
In value terms, Turkey ($86M) led the market, alone. The second position in the ranking was taken by Algeria ($29M). It was followed by Syrian Arab Republic.
In Turkey, the golf equipment market expanded at an average annual rate of +5.6% over the period from 2013-2024. In the other countries, the average annual rates were as follows: Algeria (+6.8% per year) and Syrian Arab Republic (+2.2% per year).
The countries with the highest levels of golf equipment per capita consumption in 2024 were Kuwait (907 units per 1000 persons), Libya (830 units per 1000 persons) and Lebanon (794 units per 1000 persons).
From 2013 to 2024, the biggest increases were recorded for Lebanon (with a CAGR of +3.1%), while consumption for the other leaders experienced more modest paces of growth.
ProductionMENA’s Production of Golf Clubs And Other Golf Equipment
In 2024, production of golf clubs and other golf equipment decreased by -1.7% to 126M units, falling for the second year in a row after three years of growth. The total output volume increased at an average annual rate of +3.5% from 2013 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2015 when the production volume increased by 17%. Over the period under review, production hit record highs at 129M units in 2022; however, from 2023 to 2024, production remained at a lower figure.
In value terms, golf equipment production stood at $76M in 2024 estimated in export price. In general, production, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 when the production volume increased by 122,297% against the previous year. As a result, production reached the peak level of $57.5B. From 2022 to 2024, production growth remained at a lower figure.
Production By Country
Turkey (63M units) remains the largest golf equipment producing country in MENA, comprising approx. 50% of total volume. Moreover, golf equipment production in Turkey exceeded the figures recorded by the second-largest producer, Algeria (21M units), threefold. Syrian Arab Republic (13M units) ranked third in terms of total production with a 10% share.
From 2013 to 2024, the average annual rate of growth in terms of volume in Turkey amounted to +3.6%. The remaining producing countries recorded the following average annual rates of production growth: Algeria (+3.8% per year) and Syrian Arab Republic (+0.6% per year).
ImportsMENA’s Imports of Golf Clubs And Other Golf Equipment
Golf equipment imports declined dramatically to 12M units in 2024, waning by -63.4% compared with 2023. Overall, imports recorded a deep setback. The pace of growth was the most pronounced in 2021 with an increase of 117% against the previous year. Over the period under review, imports reached the peak figure at 43M units in 2015; however, from 2016 to 2024, imports remained at a lower figure.
In value terms, golf equipment imports expanded remarkably to $21M in 2024. Total imports indicated measured growth from 2013 to 2024: its value increased at an average annual rate of +2.8% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2024 figures, imports increased by +89.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 67%. Over the period under review, imports attained the peak figure at $21M in 2014; however, from 2015 to 2024, imports failed to regain momentum.
Imports By Country
The United Arab Emirates represented the major importer of golf clubs and other golf equipment in MENA, with the volume of imports finishing at 6.9M units, which was near 59% of total imports in 2024. Iraq (1,208K units) took the second position in the ranking, followed by Turkey (665K units) and Morocco (620K units). All these countries together held near 22% share of total imports. The following importers – Oman (465K units), Bahrain (344K units), Saudi Arabia (332K units) and Israel (225K units) – together made up 12% of total imports.
Imports into the United Arab Emirates decreased at an average annual rate of -2.5% from 2013 to 2024. At the same time, Israel (+7.1%) displayed positive paces of growth. Moreover, Israel emerged as the fastest-growing importer imported in MENA, with a CAGR of +7.1% from 2013-2024. Morocco, Iraq and Oman experienced a relatively flat trend pattern. By contrast, Turkey (-5.4%), Bahrain (-11.7%) and Saudi Arabia (-24.6%) illustrated a downward trend over the same period. While the share of the United Arab Emirates (+24 p.p.), Iraq (+5.8 p.p.), Morocco (+3 p.p.), Oman (+2.1 p.p.) and Israel (+1.5 p.p.) increased significantly in terms of the total imports from 2013-2024, the share of Bahrain (-2.3 p.p.) and Saudi Arabia (-26.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest golf equipment importing markets in MENA were the United Arab Emirates ($9.3M), Saudi Arabia ($4.7M) and Turkey ($1.5M), together accounting for 75% of total imports.
Saudi Arabia, with a CAGR of +11.0%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Imports By Type
Golf equipment; other than clubs and balls was the largest imported product with an import of about 10M units, which recorded 87% of total imports. It was distantly followed by golf balls (1.4M units), making up a 12% share of total imports.
Imports of golf equipment; other than clubs and balls decreased at an average annual rate of -7.3% from 2013 to 2024. golf balls (-4.1%) illustrated a downward trend over the same period. From 2013 to 2024, the share of golf balls increased by +3.4 percentage points.
In value terms, the largest types of imported golf clubs and other golf equipment were golf equipment; other than clubs and balls ($8M), golf clubs; complete ($7.6M) and golf balls ($5M).
Golf clubs; complete, with a CAGR of +5.8%, saw the highest rates of growth with regard to the value of imports, in terms of the main imported products over the period under review, while purchases for the other products experienced more modest paces of growth.
Import Prices By Type
In 2024, the import price in MENA amounted to $1.8 per unit, rising by 193% against the previous year. Over the period under review, the import price showed resilient growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the product type; the product with the highest price was golf clubs; complete ($97 per unit), while the price for golf equipment; other than clubs and balls ($789 per thousand units) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by golf equipment; other than clubs and balls (+9.4%), while the other products experienced more modest paces of growth.
Import Prices By Country
In 2024, the import price in MENA amounted to $1.8 per unit, with an increase of 193% against the previous year. In general, the import price continues to indicate a remarkable increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Saudi Arabia ($14 per unit), while Iraq ($337 per thousand units) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+47.2%), while the other leaders experienced more modest paces of growth.
ExportsMENA’s Exports of Golf Clubs And Other Golf Equipment
In 2024, after three years of growth, there was significant decline in shipments abroad of golf clubs and other golf equipment, when their volume decreased by -16.9% to 2.7M units. In general, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2017 with an increase of 119%. Over the period under review, the exports attained the peak figure at 5M units in 2014; however, from 2015 to 2024, the exports failed to regain momentum.
In value terms, golf equipment exports rose remarkably to $1.3M in 2024. Over the period under review, exports, however, posted a temperate increase. The pace of growth was the most pronounced in 2021 with an increase of 133% against the previous year. As a result, the exports attained the peak of $1.3M; afterwards, it flattened through to 2024.
Exports By Country
In 2024, Turkey (1.6M units) was the key exporter of golf clubs and other golf equipment, achieving 61% of total exports. It was distantly followed by the United Arab Emirates (912K units), generating a 34% share of total exports. Tunisia (42K units) held a minor share of total exports.
From 2013 to 2024, the biggest increases were recorded for Tunisia (with a CAGR of +5.5%), while shipments for the other leaders experienced mixed trends in the exports figures.
In value terms, the largest golf equipment supplying countries in MENA were the United Arab Emirates ($563K), Turkey ($503K) and Tunisia ($28K), together comprising 84% of total exports.
Turkey, with a CAGR of +9.2%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Exports By Type
Golf equipment; other than clubs and balls prevails in exports structure, accounting for 2.5M units, which was approx. 94% of total exports in 2024. It was distantly followed by golf balls (146K units), creating a 5.5% share of total exports.
Exports of golf equipment; other than clubs and balls decreased at an average annual rate of -4.1% from 2013 to 2024. golf balls (-1.2%) illustrated a downward trend over the same period. Golf equipment; other than clubs and balls (-1.5 p.p.) significantly weakened its position in terms of the total exports, while the shares of the other products remained relatively stable throughout the analyzed period.
In value terms, golf equipment; other than clubs and balls ($815K) remains the largest type of golf clubs and other golf equipment supplied in MENA, comprising 63% of total exports. The second position in the ranking was held by golf balls ($296K), with a 23% share of total exports.
From 2013 to 2024, the average annual rate of growth in terms of the value of golf equipment; other than clubs and balls exports totaled +6.5%. For the other products, the average annual rates were as follows: golf balls (+2.5% per year) and golf clubs; complete (+1.5% per year).
Export Prices By Type
The export price in MENA stood at $488 per thousand units in 2024, rising by 32% against the previous year. In general, the export price continues to indicate prominent growth. The pace of growth appeared the most rapid in 2019 when the export price increased by 44%. Over the period under review, the export prices reached the maximum in 2024 and is likely to continue growth in the immediate term.
Prices varied noticeably by the product type; the product with the highest price was golf clubs; complete ($82 per unit), while the average price for exports of golf equipment; other than clubs and balls ($325 per thousand units) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by golf equipment; other than clubs and balls (+11.0%), while the other products experienced more modest paces of growth.
Export Prices By Country
In 2024, the export price in MENA amounted to $488 per thousand units, rising by 32% against the previous year. In general, the export price recorded a strong expansion. The most prominent rate of growth was recorded in 2019 when the export price increased by 44% against the previous year. The level of export peaked in 2024 and is expected to retain growth in years to come.
There were significant differences in the average prices amongst the major exporting countries. In 2024, amid the top suppliers, the country with the highest price was Tunisia ($657 per thousand units), while Turkey ($310 per thousand units) was amongst the lowest.
From 2013 to 2024, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+10.6%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Market Intelligence Platform
