Fishing Rods Price in Belarus - 2022

Fishing Rods Price in Belarus (CIF) - 2022

The average fishing rods import price stood at $4,785 per ton in 2022, flattening at the previous year. Overall, the import price, however, showed a abrupt descent. The pace of growth was the most pronounced in 2020 when the average import price increased by 91% against the previous year. The import price peaked at $30,665 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -14.0% per year.

Fishing Rods Price in Belarus (FOB) - 2022

In 2022, the average fishing rods export price amounted to $8,016 per ton, dropping by -3.7% against the previous year. In general, the export price faced a abrupt curtailment. The export price peaked at $66,667 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -19.1% per year.

Fishing Rods Imports in Belarus

Fishing rods imports into Belarus contracted to 835 tons in 2022, falling by -14.8% against 2021 figures. Overall, imports continue to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2021 with an increase of 220%. As a result, imports attained the peak of 979 tons, and then dropped in the following year.

In value terms, fishing rods imports reduced to $4M in 2022. In general, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 130% against the previous year. As a result, imports attained the peak of $4.6M, and then declined in the following year.

Import of Fishing Rods in Belarus (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.6	1.6	4.2	3.6	11.5%
Others	0.5	0.4	0.4	0.4	-7.2%
Total	3.1	2.0	4.6	4.0	8.9%

Top Suppliers of Fishing Rods to Belarus in 2022:

China (823.3 tons)

Fishing Rods Exports in Belarus

In 2022, approx. 539 tons of fishing rodses were exported from Belarus; with an increase of 134% on 2021. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 391%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, fishing rods exports skyrocketed to $4.3M in 2022. In general, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 289% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.