Key Market Indicators
Salvadoran demand for fishing equipment is forecast to drop by 7.8% per year over the next five years, reaching $262,480 in 2026. This is a significant decrease from the 2021 figure of $434,390. Since 1999, demand has dropped by 12% each year. In 2021, Montenegro was the highest ranking country in this category, with Japan, South Korea and Singapore following behind in 2nd, 3rd and 4th place respectively. Salvadoran exports of fishing equipment are expected to grow 1.5% per year over the next five years, reaching $3,936,800 in 2026. This is a slight increase from the 2021 figure of $3,600,500. Since 2001, supply has increased by 4.1% each year. In 2021, Mauritius held the highest ranking in this category, with Japan, the United States and Malaysia following behind in 2nd, 3rd and 4th place respectively.
