Key Market Indicators
The country became number 1 in 2018, while Austria overtook at $47 in 2017. South Korea, Germany and New Zealand respectively were positions 2, 3 and 4 in this ranking. Mozambique's fishing equipment imports are set to reach $600,000 by 2026, growing at a rate of 3.3% year-on-year. Since 2005, demand for the equipment has grown 6.1% annually. In 2021, the country ranked 93rd, behind Guyana, which imported $493,010 worth of fishing equipment. Japan, South Korea and Singapore followed, coming in second, third and fourth, respectively. Mozambique's fishing equipment exports skyrocketed 8,780% in 2018, reaching $4,170 from just $47 in 2017. Since 2006, the country's supply of fishing equipment has increased by 172% year-on-year. In 2018, Mozambique topped the rankings, ahead of Austria, which exported $47 worth of equipment in 2017. South Korea, Germany and New Zealand followed in second, third and fourth place, respectively.
