Key Market Indicators
Bulgaria's fishing equipment imports are expected to reach $4.2 million by 2026, growing at an average of 1% year-on-year from $4 million in 2021. Since 2001, the country's demand has grown at a rate of 3.5% year-on-year. In the 2021 rankings, Bulgaria came in 50th place, with Slovenia taking the lead at $4 million. Japan, South Korea and Singapore occupied the top three spots in the rankings. Bulgaria's fishing equipment exports are predicted to reach $3.3 million by 2026, growing at a compound annual growth rate of 2.7% from $2.8 million in 2021. Since 2001, there has been a 14.7% year-on-year rise in Bulgarian supply. In 2021, Bulgaria came in 47th place, with Croatia taking the lead at $2.8 million. Japan, the US and Malaysia were the top three countries in the rankings.
