Philippines - Fishing Rods And Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends And Insights
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View PricingFishing Rod Price in the Philippines - 2022
Contents:
- Fishing Rod Price in the Philippines (FOB) - 2022
- Fishing Rod Price in the Philippines (CIF) - 2022
- Fishing Rod Exports in the Philippines
- Fishing Rod Imports in the Philippines
Fishing Rod Price in the Philippines (FOB) - 2022
The average fishing rod export price stood at $36.1 per unit in December 2022, growing by 2.7% against the previous month. Over the period under review, export price indicated pronounced growth from December 2021 to December 2022: its price increased at an average monthly rate of +2.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2022 figures, fishing rod export price increased by +10.0% against October 2022 indices. The pace of growth appeared the most rapid in June 2022 an increase of 70% month-to-month. The export price peaked at $45.0 per unit in April 2022; however, from May 2022 to December 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In December 2022, the country with the highest price was France ($55.1 per unit), while the average price for exports to the UK ($16.5 per unit) was amongst the lowest.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.0%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Rod Price in the Philippines (CIF) - 2022
The average fishing rod import price stood at $4.9 per unit in 2022, waning by -36.4% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 67%. The import price peaked at $9.4 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Singapore ($19 per unit), while the price for Thailand ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Fishing Rod Exports in the Philippines
In 2022, exports of fishing rods and other line fishing tackle from the Philippines fell slightly to 857K units, reducing by -2.6% compared with the previous year's figure. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 48%. Over the period under review, the exports attained the peak figure at 1M units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, fishing rod exports reached $25M in 2022. Overall, exports showed a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 27%. The exports peaked at $31M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Fishing Rod in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 17.2 | 10.6 | 9.0 | 12.3 | -10.6% |
United States | 7.1 | 5.6 | 11.2 | 11.0 | 15.7% |
France | 0.8 | 0.7 | 0.9 | 0.4 | -20.6% |
United Kingdom | 0.5 | 0.6 | 0.9 | 0.3 | -15.7% |
Thailand | 3.8 | N/A | N/A | N/A | 0% |
Others | 1.8 | 1.7 | 2.3 | 1.3 | -10.3% |
Total | 31.2 | 19.1 | 24.2 | 25.3 | -6.7% |
Top Export Markets for Fishing Rod from the Philippines in 2022:
- Thailand (undefinedK units)
- United States (457.8K units)
- Japan (334.4K units)
- United Kingdom (13.7K units)
- France (8.4K units)
Fishing Rod Imports in the Philippines
In 2022, approx. 1.4M units of fishing rods and other line fishing tackle were imported into the Philippines; surging by 44% on the previous year's figure. Over the period under review, imports saw a resilient expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fishing rod imports declined to $6.9M in 2022. Overall, imports, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. As a result, imports reached the peak of $7.5M, and then declined in the following year.
Import of Fishing Rod in the Philippines (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Japan | 3.0 | 3.1 | 3.3 | 2.7 | -3.5% |
China | 1.6 | 1.4 | 1.9 | 1.8 | 4.0% |
United States | 1.0 | 0.6 | 0.5 | 0.5 | -20.6% |
South Korea | 0.4 | 0.4 | 0.5 | 0.4 | 0.0% |
Thailand | 0.3 | 0.1 | 0.2 | 0.2 | -12.6% |
Others | 1.1 | 0.9 | 1.3 | 1.2 | 2.9% |
Total | 7.5 | 6.4 | 7.5 | 6.9 | -2.7% |
Top Suppliers of Fishing Rod to the Philippines in 2022:
- China (858.5K units)
- Japan (175.6K units)
- Thailand (157.2K units)
- South Korea (113.4K units)
- United States (49.8K units)
This report provides an in-depth analysis of the fishing rod market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32301600 - Fishing rods, other line fishing tackle, articles for hunting or fishing n.e.c.
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the fishing rod market in the Philippines.
This report provides an in-depth analysis of the global fishing rod market.
This report provides an in-depth analysis of the fishing rod market in the Philippines.
This report provides an in-depth analysis of the global fishing rod market.
In 2016, the global fishing rod imports totaled X tons, approximately reflecting the previous year level. In general, fishing rod imports continue to indicate a relatively flat trend pattern. The...
In 2016, the global fishing rod imports totaled X tons, approximately reflecting the previous year level. In general, fishing rod imports continue to indicate a relatively flat trend pattern. The...