Key Market Indicators
Hungarian exports of golf equipment plummeted 45.8%, from $2,660 in 2020 to $1,440 in 2021. This marks a 19% decrease since 2008. Hungary came in at number 50, while Malawi overtook with $1,440. The US, Japan, and Thailand were the top three in this ranking. The import of golf equipment in Hungary is expected to reach $92,400 by 2026, growing at a 2.7% year-on-year average rate. This is a 0% decrease since 1997. Hungary was number 61 in 2021, with Qatar ahead at $78,570. The US, Mexico, and China ranked numbers 2, 3, and 4, respectively.