Global Fishing Equipment Trends in 2022
Fishing Equipment is part of Sporting Goods. You may also be interested in Bicycle and Tennis Equipment.
In 2021, China was number 1 in Global Sporting Goods Sales at $2,091,100,000. Japan, the United States and Mexico respectively were numbers 2, 3 and 4 in this ranking. Ethiopia rose a major 498.2% year on year, while Estonia fell by 34.8% year on year since 2016. Global fishing equipment exports are forecast to hit $3.5 billion by 2026, from $3.3 billion in 2021, growing at an average annual rate of 0.9%. Since 2017, global supplies have risen 3.6% a year. China led the world in fishing equipment exports in 2021 at $1.6 billion, followed by Japan, the US and Malaysia. Tanzania saw a 251.8% increase year-on-year, while Slovenia was down 25.1%. Imports of fishing equipment are set to hit $3.3 billion by 2026, from $3.1 billion in 2021, at a rate of 1% annual growth. Since 2017, global demand has risen 3.2% a year. The US was the leading importer in 2021 at $854 million, followed by Japan, South Korea and Singapore. Burkina Faso saw a 118.6% increase year-on-year, while Benin fell 36.4%. Sales of fishing equipment are predicted to reach $5.7 billion by 2026, from $5.3 billion in 2021, with an average annual growth rate of 1.3%. Since 2016, the global market has grown 2.5% a year. China led the world in sales in 2021 at $2.1 billion, followed by Japan, the US and Mexico. Ethiopia soared 498.2% year-on-year, while Estonia dropped 34.8%.
Top 10 countries
In 2022 major markets in the Fishing Equipment Industry were:
Global Fishing Equipment Statistics
- Sporting Goods Import 192 countries (Asia, Africa, Sub-Saharan Africa...)
- Sporting Goods Export 184 countries (Asia, Latin America, Europe...)
- Fishing Equipment Import 48 countries (Europe, Southern Europe, Northern Europe...)
- Fishing Equipment Export 48 countries (Europe, Southern Europe, Northern Europe...)
- Fishing Revenue 70 countries (Europe, Northern Europe, Southern Europe...)
- Sporting Goods Sales 61 countries (Europe, South Korea, East Asia...)
Global Fishing Equipment Industry Database
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