Key Market Indicators
Croatia is projected to be the 69th largest golf equipment importer in the world by 2026. Imports of golf equipment are forecast to dip to $50,120 in 2026, a 1.8% decrease per year over the five-year period from 2021. Over 1997-2021, the average annual growth rate of imports was 18.5%. In 2021, the value of imported golf equipment in Croatia stood at $55,720, putting the country behind Fiji but ahead of the United States, Mexico and China, which took the 2nd, 3rd and 4th places respectively. Exports of golf equipment from Croatia increased by 43.6% between 2017 ($248) and 2018 ($356). However, the five-year period from 2005 to 2020 saw a 34.3% year-on-year decrease in exports.