Fishing Rods Price in Australia - 2023

Fishing Rods Price in Australia (CIF) - 2022

In 2022, the average fishing rods import price amounted to $58,066 per ton, reducing by -9.8% against the previous year. Overall, the import price, however, saw a resilient expansion. The growth pace was the most rapid in 2018 when the average import price increased by 119% against the previous year. The import price peaked at $64,350 per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($58,066 per ton) and Japan ($58,066 per ton), while the price for China ($58,066 per ton) and the United States ($58,066 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Fishing Rods Price in Australia (FOB) - 2022

The average fishing rods export price stood at $72,178 per ton in 2022, increasing by 34% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 38%. Over the period under review, the average export prices attained the maximum at $79,226 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Mauritius ($72,196 per ton), while the average price for exports to Peru ($27,320 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in Australia

In 2022, approx. 490 tons of fishing rodses were imported into Australia; with a decrease of -20.7% on 2021. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +5.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +21.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 53%. As a result, imports attained the peak of 618 tons, and then declined remarkably in the following year.

In value terms, fishing rods imports fell rapidly to $28M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +7.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 77%. As a result, imports reached the peak of $40M, and then shrank rapidly in the following year.

Import of Fishing Rods in Australia (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	19.2	18.4	33.8	23.2	6.5%
Vietnam	1.8	2.4	3.5	2.0	3.6%
United States	0.5	0.4	0.7	1.0	26.0%
Japan	0.4	0.7	0.7	0.8	26.0%
Hong Kong SAR	N/A	N/A	N/A	0.7	0%
Others	0.8	0.6	1.0	0.7	-4.4%
Total	22.7	22.4	39.8	28.5	7.9%

Top Suppliers of Fishing Rods to Australia in 2022:

China (400.3 tons)
Vietnam (34.7 tons)
United States (17.9 tons)
Japan (13.0 tons)
Hong Kong SAR (11.4 tons)

Fishing Rods Exports in Australia

In 2022, the amount of fishing rodses exported from Australia dropped rapidly to 11 tons, shrinking by -22.8% against the previous year. In general, exports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 237%. As a result, the exports attained the peak of 14 tons, and then dropped notably in the following year.

In value terms, fishing rods exports stood at $769K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 173%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Fishing Rods in Australia (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
New Zealand	37.7	69.9	465	234	83.8%
Japan	8.9	N/A	N/A	157	160.3%
New Caledonia	45.6	62.7	51.9	91.7	26.2%
United States	4.2	14.7	32.1	56.5	137.8%
French Polynesia	2.8	N/A	41.8	54.7	169.3%
Singapore	7.8	1.3	0.8	20.9	38.9%
Nauru	N/A	N/A	1.6	15.8	887.5%
Germany	1.9	N/A	N/A	15.0	99.1%
Malaysia	16.6	1.8	1.5	14.0	-5.5%
Mauritius	8.9	13.9	11.2	13.5	14.9%
United Kingdom	1.9	N/A	5.7	13.1	90.3%
Qatar	N/A	3.4	1.5	12.1	88.6%
South Africa	173	12.1	N/A	7.5	-64.9%
Others	79.2	92.0	130	63.1	-7.3%
Total	388	272	743	769	25.6%