Key Market Indicators
Import of fishing equipment in Indonesia is set to reach around $53 million by 2026, up from $42 million in 2021 - a 3.8% growth year-on-year. Since 1994, demand has risen by 29.2% on an annual basis. In 2021, Indonesia was in 17th place, Italy was top with $42 million. Japan, South Korea, and Singapore followed in 2nd, 3rd and 4th positions, respectively. Export of fishing equipment in Indonesia is anticipated to reach $61 million by 2026, up from $52 million in 2021 - an average growth rate of 2.7% year-on-year. Since 1994, supply has increased by 3.6% annually. In 2021, Indonesia was 12th, with Thailand in 1st place at $52 million. Japan, the United States, and Malaysia came in 2nd, 3rd, and 4th places respectively.
