Key Market Indicators
Golf Equipment Imports in Ecuador are projected to drop to $14.8 million by 2026, declining at an average annual rate of 5.3% from 2021. In 1996, Ecuador's golf equipment imports totaled $1.7 million, increasing at an average annual rate of 13.2% over the following 25 years, to reach $20.3 million in 2021. In 2021, the country was ranked 93rd, with Brunei overtaking it to come in 92nd, with $20.3 million. The United States (2nd), Mexico (3rd) and China (4th) were the leading importers of golf equipment in the world. Golf equipment exports from Ecuador rose from $7.2 million in 2017 to $177.3 million in 2018, an increase of 2,360%.