Key Market Indicators
In 2021, the country ranked number 8, behind China, USA, Japan, Korea, Taiwan, Germany and Canada. Icelander Golf Equipment Import is projected to reach $941,460 by 2026, growing at a 3% compound annual growth rate (CAGR) from 2021 to 2026. Demand for golf equipment in Iceland has been on an upward trajectory since 1993, increasing 17% year-on-year. In 2021, Iceland was the 31st largest importer, coming in behind Saudi Arabia, which imported $787,380 worth of golf equipment. The United States, Mexico and China were the top three importers, respectively. Icelander Golf Equipment Export dropped to $26 in 2016, from $112 in 2015, from a year earlier. In 2021, the country was the eighth-largest exporter, behind China, the United States, Japan, Korea, Taiwan, Germany and Canada.
