Key Market Indicators
Azerbaijan's fishing equipment imports are set to hit $317,130 by 2026, a 4% year-on-year growth rate from $248,730 in 2021. Since 2001, the nation's demand has grown 4.9% annually. In 2021, Azerbaijan placed 104th in the ranking, with Macedonia surpassing it at $248,730. Japan, South Korea and Singapore followed as the 2nd, 3rd, and 4th respectively. In 2019, Azerbaijan was in 83rd position, with Aruba leading with $16. Japan, the United States and Malaysia were 2nd, 3rd, and 4th respectively.