| Product Code: ETC4668113 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Nicaragua saw significant golf equipment import shipments from top exporting countries such as China, the United States, Canada, Costa Rica, and Guatemala. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a sharp decline with a negative Compound Annual Growth Rate (CAGR) of -56.23% from 2020 to 2024. The year-on-year growth rate further plummeted by -78.72% from 2023 to 2024, reflecting a challenging landscape for golf equipment imports in Nicaragua.

The Golf Equipment market in Nicaragua is projected to grow at a growing growth rate of 5.17% by 2027, highlighting the country's increasing focus on advanced technologies within the Latin America region, where Brazil holds the dominant position, followed closely by Mexico, Argentina, Colombia and Chile, shaping overall regional demand.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nicaragua Golf Equipment Market Overview |
3.1 Nicaragua Country Macro Economic Indicators |
3.2 Nicaragua Golf Equipment Market Revenues & Volume, 2021 & 2031F |
3.3 Nicaragua Golf Equipment Market - Industry Life Cycle |
3.4 Nicaragua Golf Equipment Market - Porter's Five Forces |
3.5 Nicaragua Golf Equipment Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Nicaragua Golf Equipment Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Nicaragua Golf Equipment Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nicaragua Golf Equipment Market Trends |
6 Nicaragua Golf Equipment Market Segmentations |
6.1 Nicaragua Golf Equipment Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Nicaragua Golf Equipment Market Revenues & Volume, By Golf Clubs, 2021-2031F |
6.1.3 Nicaragua Golf Equipment Market Revenues & Volume, By Golf Balls, 2021-2031F |
6.1.4 Nicaragua Golf Equipment Market Revenues & Volume, By Golf Gear, 2021-2031F |
6.1.5 Nicaragua Golf Equipment Market Revenues & Volume, By Golf Footwear & Apparel, 2021-2031F |
6.2 Nicaragua Golf Equipment Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Nicaragua Golf Equipment Market Revenues & Volume, By Sports Goods Retailers, 2021-2031F |
6.2.3 Nicaragua Golf Equipment Market Revenues & Volume, By Online Retail, 2021-2031F |
6.2.4 Nicaragua Golf Equipment Market Revenues & Volume, By Department & Discount Stores, 2021-2031F |
7 Nicaragua Golf Equipment Market Import-Export Trade Statistics |
7.1 Nicaragua Golf Equipment Market Export to Major Countries |
7.2 Nicaragua Golf Equipment Market Imports from Major Countries |
8 Nicaragua Golf Equipment Market Key Performance Indicators |
9 Nicaragua Golf Equipment Market - Opportunity Assessment |
9.1 Nicaragua Golf Equipment Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Nicaragua Golf Equipment Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Nicaragua Golf Equipment Market - Competitive Landscape |
10.1 Nicaragua Golf Equipment Market Revenue Share, By Companies, 2024 |
10.2 Nicaragua Golf Equipment Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |