Fishing Rods Price in Bulgaria - 2023

Contents:

1. Fishing Rods Price in Bulgaria (CIF) - 2022
2. Fishing Rods Price in Bulgaria (FOB) - 2022
3. Fishing Rods Imports in Bulgaria
4. Fishing Rods Exports in Bulgaria

Fishing Rods Price in Bulgaria (CIF) - 2022

The average fishing rods import price stood at $19,489 per ton in 2022, which is down by -14.2% against the previous year. Overall, the import price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2021 an increase of 49% against the previous year. As a result, import price reached the peak level of $22,712 per ton, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($60,703 per ton), while the price for China ($10,363 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Rods Price in Bulgaria (FOB) - 2022

In 2022, the average fishing rods export price amounted to $37,113 per ton, rising by 21% against the previous year. In general, the export price continues to indicate a temperate increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 1,067%. The export price peaked at $41,225 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($499,552 per ton), while the average price for exports to Bosnia and Herzegovina ($6,103 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 the UK (+119.4%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in Bulgaria

In 2022, purchases abroad of fishing rodses was finally on the rise to reach 112 tons for the first time since 2019, thus ending a two-year declining trend. Overall, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fishing rods imports surged to $2.2M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fishing Rods to Bulgaria in 2022:

1. China (94.9 tons)
2. Romania (3.5 tons)
3. Italy (2.3 tons)
4. Netherlands (2.1 tons)
5. Serbia (2.0 tons)
6. Germany (0.7 tons)

Fishing Rods Exports in Bulgaria

After two years of decline, shipments abroad of fishing rodses increased by 509% to 1.4 tons in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern.

In value terms, fishing rods exports skyrocketed to $53K in 2022. Overall, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Fishing Rods from Bulgaria in 2022:

1. Ukraine (886.0 kg)
2. Romania (307.0 kg)
3. Georgia (141.0 kg)
4. China (42.0 kg)
5. Bosnia and Herzegovina (34.0 kg)

Source: IndexBox Market Intelligence Platform