Key Market Indicators
Pakistan's imports of fishing equipment are expected to remain flat in the near future, with an estimated value of $145,220 by 2026. This is a slight decrease from the 2021 value of $145,600. Over the past 13 years, the country has seen an average growth rate of 3.4% in demand. In 2021, Pakistan came in 116th place in the world, behind Belize at $145,600. Japan, South Korea and Singapore followed in 2nd, 3rd and 4th place, respectively. Exports of fishing equipment from Pakistan are expected to reach $480,760 by 2026, up 2.7% from $409,150 in 2021. Since 2008, the country has seen an average growth rate of 12.2% in supply. In 2021, Pakistan was 58th in the world, overtaken by Tanzania at $409,150. Japan, the United States and Malaysia followed in 2nd, 3rd and 4th place, respectively.