Key Market Indicators
Demand for golf equipment in Madagascar is set to rise 3.2% per year on average, reaching $11,250 by 2026. Since 1995, demand in the country has grown by 31.1% annually. Last year, Madagascar was the 101st largest market for golf equipment worldwide, with imports valued at $9,280. Bulgaria overtook Madagascar in 2021, becoming the 100th largest market. The US, Mexico and China were the top three importers, taking 2nd, 3rd and 4th place respectively.
