Analysis of the status quo of golf cart industry

The production of golf carts

Golf carts, also known as electric golf carts and electric golf carts, are environmentally friendly passenger vehicles specially designed and developed for golf courses. It can also be used in resorts, villas, garden hotels, tourist attractions, etc. From golf courses, villas, hotels, schools to private users, it will be a short-distance transportation.

The data of the "2021-2027 China Golf Car Industry Market Panorama Evaluation and Investment Strategy Research Report" released by Zhiyan Consulting shows that the current domestic golf industry market is not large, and it is strictly attributed to the annual output of golf carts defined by golf. Only about 30,000 units. In 2020, China's golf cart production was 30,400 units, a year-on-year increase of 7%.

2. Import and export of related golf carts

China is one of the world's largest manufacturing countries. In 2020, China's export of all-terrain golf vehicles was 854,575, a year-on-year increase of 55.2%; China's export of all-terrain golf vehicles was 357, a year-on-year decrease of 63.2%.

In 2020, China's major importers of all-terrain golf vehicles include Taiwan, Mexico and the United States. Among them, the number of Chinese all-terrain golf vehicles imported from Mexico in 2020 is 192, accounting for 56.5% of the total import volume.

Among them, in 2020, the largest export of all-terrain golf vehicles from China is the United States, with 335,372 vehicles exported; followed by China's all-terrain golf vehicles exported to Vietnam with 53,866 vehicles.

According to data from China Customs, the export value of China's all-terrain golf motor vehicles in 2020 was US$771.997 million, a year-on-year increase of 49.7%; the export value of China's all-terrain golf motor vehicles was US$4.583 million, a year-on-year decrease of 31%.

    According to China Customs data, in 2020, the largest import value of all-terrain golf vehicles in China is Mexico, with an import value of US$3,273,174.

       Among them, in 2020, the largest export value of China's all-terrain golf motor vehicles is the United States, with an export value of US$299,271,372, followed by exports to Vietnam at US$58,905,788, and exports to Germany at US$41,436,858.

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