Key Market Indicators
Cypriot fishing equipment exports are expected to rise to around $58,000 by 2026, up 4.2% annually since 2021. Since 1994, exports have increased by 12.7% yearly. In 2021, Cypriot exports were at $45,000 and Oman was at $45,000. Japan, the US and Malaysia were the top three countries in this ranking. Meanwhile, imports of fishing equipment to Cyprus are forecast to reach $2.2 million by 2026, with an average annual growth rate of 1.1%. Since 1994, imports have dropped by 0.1% annually. In 2021, imports to Cyprus were at $2.1 million, with Fiji at $2.1 million. Japan, South Korea and Singapore were the top three countries in this ranking.
