Key Market Indicators
Demand for golf equipment in Azerbaijan is set to reach $54,330 by 2026, increasing by 0.2% annually. This is an increase of 5.5% since 2003. In 2021, Azerbaijan was ranked 70th in the world, with Croatia overtaking them at $53,130. The US, Mexico and China were ranked 2nd, 3rd and 4th respectively. Meanwhile, exports of golf equipment from Azerbaijan to other countries dropped by 36% in 2019, to $1,150 from $1,790 the year before. That placed Azerbaijan 51st in the world rankings, with Hungary overtaking them at $1,150. The US, Japan and Thailand were 2nd, 3rd and 4th respectively.
