Key Market Indicators
Exports of Spanish golf equipment plummeted by 34.7% in 2021, reaching nearly $253 million. This marks a decrease of 22.6% since 1994. Belgium ranked first in exports, followed by the United States, Japan and Thailand. Imports of Spanish golf equipment are expected to drop by 2.3% in the next five years, amounting to almost $3.45 million in 2026. Since 1994, Spanish demand has increased by 1.2%. Malaysia led imports in 2021, followed by the United States, Mexico and China.