PROFILE ON PRODUCTION OF FISHING NET AND SPORTS NET

84-5Table 3.1IMPORTED FISHING NETS AND KNOTTED NETTING PRODUCTSYear Import (Kg)1998 8,7981999 7,5042000 6922001 2,6472002 13,1072003 5962004 1,5322005 13,2782006 9,162Source: Customs Authority.Sports nets are used in games like soccer, basket ball, handball etc. where the ball rests orpasses through the net as players score against the other team.There is no official statistics on the supply of nets produced in the country. However it isa well known fact that nets are produced at home for own used and for commercialpurposes of limited scope. On the other hand there are imported nets in the market.Import of netting products is presented in Table 3.1.The average annual import of made up fishing nets for the last ten years was 9,434 kg. Inaddition to this 4,728 kg knotted netting of twine, cordage or rope was imported annually.The total netting products imported was therefore 6,369 kg per year. A closer look at themarket confirms that imported nets cover about 40% of the total supply of nets sincevariety of synthetic yarns are available and abundant in the market, home made netssupply is believed to cover 60% of the supply. Therefore the current effective demandfor fishing nets and sports nets is estimated to be 15,923 kg.