Key Market Indicators
Belarusian fishing equipment imports are predicted to reach almost $9.1 million by 2026, compared to $7.5 million in 2021, growing at a 3.3% year-on-year average. Since 2003, demand has risen by 21.4% year-on-year. In 2021, Belarus was ranked 42nd, overtaken by Slovakia at $7.5 million. Japan, South Korea and Singapore were respectively ranked second, third and fourth in this ranking. Exports of Belarusian fishing equipment are expected to reach $2.0 million by 2026, compared to $1.6 million in 2021, with an average year-on-year growth of 3.7%. Since 2003, supply has risen by 35.2% year-on-year. In 2021, Belarus was ranked 50th, overtaken by Norway at $1.6 million. Japan, the United States and Malaysia were respectively ranked second, third and fourth in this ranking.
