Key Market Indicators
Korean golf equipment exports are set to reach nearly $18 million by 2026, up from $17 million in 2021. This equates to an average annual growth rate of 1%. Since 1993, supplies have grown by an average of 6.4% a year. In 2021, the UK overtook Korea to become the sixth-largest exporter in the world, with exports of $17 million. The US, Japan and Thailand ranked second, third and fourth respectively. Korean golf equipment imports are set to reach nearly $89 million by 2026, up from $74 million in 2021. This equates to an average annual growth rate of 3%. Since 1993, demand has grown by an average of 6.2% a year. In 2021, the UK overtook Korea to become the sixth-largest importer in the world, with imports of $74 million. The US, Mexico and China ranked second, third and fourth respectively.
