Key Market Indicators
Ukrainian demand for fishing equipment is set to decrease slightly in the coming years. It is projected to reach $3.7 million by 2026, representing a 0.4% decrease from 2021. This follows an average growth rate of 4.4% year-on-year since 2001. Ukraine ranked 51st in 2021, with Bulgaria overtaking the nation with $3.7 million in imports. Japan, South Korea and Singapore ranked 2nd, 3rd, and 4th respectively. Meanwhile, Ukrainian exports of fishing equipment are expected to reach $1.6 million in 2026, representing a 4% increase from 2021. This follows an average growth rate of 27.2% year-on-year since 2001. Ukraine ranked 52nd in 2021, with Fiji overtaking the nation with $1.3 million in exports. Japan, the US, and Malaysia ranked 2nd, 3rd, and 4th respectively.
