Key Market Indicators
Exports of golf equipment from Luxembourg are expected to reach almost $450 million by 2026, up from $347 million in 2021. This marks an average annual growth rate of 4.2% since 2004. In 2021, Luxembourg placed 24th in the global export rankings, behind Poland at $347 million. The United States, Japan and Thailand came in second, third and fourth, respectively. Imports of golf equipment to Luxembourg are forecast to decrease slightly to $365 million by 2026, compared to $368 million in 2021. This reflects an average annual decline of 2.6% since 2004. In 2021, Luxembourg placed 37th in the global import rankings, behind Belgium at $368 million. The United States, Mexico and China took second, third and fourth places, respectively.
