Fishing Rods Price in China - 2023
Contents:
- Fishing Rods Price in China (FOB) - 2022
- Fishing Rods Price in China (CIF) - 2022
- Fishing Rods Exports in China
- Fishing Rods Imports in China
Fishing Rods Price in China (FOB) - 2022
In 2022, the average fishing rods export price amounted to $34,309 per ton, picking up by 16% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +5.2%. The most prominent rate of growth was recorded in 2014 an increase of 21%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($110,790 per ton), while the average price for exports to Indonesia ($16,722 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 South Korea (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Rods Price in China (CIF) - 2022
In 2022, the average fishing rods import price amounted to $186,951 per ton, dropping by -18.1% against the previous year. In general, the import price saw a mild descent. The most prominent rate of growth was recorded in 2021 an increase of 16% against the previous year. The import price peaked at $246,471 per ton in 2016; however, from 2017 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 the United States ($447,401 per ton), while the price for Vietnam ($109,366 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Fishing Rods Exports in China
In 2022, shipments abroad of fishing rodses decreased by -20.6% to 25K tons for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +4.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. As a result, the exports reached the peak of 31K tons, and then reduced sharply in the following year.
In value terms, fishing rods exports fell to $846M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.4% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 50%. As a result, the exports reached the peak of $917M, and then declined in the following year.
| Export of Fishing Rods in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 194 | 219 | 321 | 277 | 12.6% |
| Japan | 91.7 | 92.7 | 138 | 136 | 14.0% |
| South Korea | 26.0 | 31.5 | 38.9 | 35.0 | 10.4% |
| Russia | 21.5 | 17.1 | 27.2 | 30.1 | 11.9% |
| Vietnam | 7.8 | 13.6 | 22.3 | 23.9 | 45.2% |
| Poland | 13.7 | 15.7 | 31.7 | 22.4 | 17.8% |
| Netherlands | 7.8 | 9.5 | 19.2 | 20.5 | 38.0% |
| Indonesia | 11.2 | 13.8 | 17.1 | 19.7 | 20.7% |
| Australia | 13.3 | 14.7 | 23.9 | 18.9 | 12.4% |
| United Kingdom | 15.0 | 11.8 | 21.9 | 17.2 | 4.7% |
| Spain | 19.2 | 15.7 | 18.7 | 17.2 | -3.6% |
| Malaysia | 8.4 | 8.0 | 13.1 | 14.0 | 18.6% |
| Thailand | 8.3 | 9.2 | 10.4 | 13.5 | 17.6% |
| Others | 144 | 141 | 214 | 201 | 11.8% |
| Total | 582 | 613 | 917 | 846 | 13.3% |
Top Export Markets for Fishing Rods from China in 2022:
- United States (8.8K tons)
- Indonesia (1.2K tons)
- Japan (1.2K tons)
- Russia (1.2K tons)
- Poland (0.7K tons)
- Vietnam (0.7K tons)
- South Korea (0.7K tons)
- Netherlands (0.6K tons)
- Australia (0.5K tons)
- United Kingdom (0.5K tons)
- Malaysia (0.5K tons)
- Thailand (0.5K tons)
- Spain (0.5K tons)
Fishing Rods Imports in China
In 2022, the amount of fishing rodses imported into China soared to 488 tons, picking up by 84% on the previous year's figure. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fishing rods imports skyrocketed to $91M in 2022. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fishing Rods in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 17.5 | 20.6 | 30.7 | 38.7 | 30.3% |
| Vietnam | 4.5 | 6.2 | 8.9 | 18.4 | 59.9% |
| Indonesia | 5.3 | 8.4 | 10.2 | 16.1 | 44.8% |
| Others | 4.1 | 9.0 | 10.7 | 17.9 | 63.4% |
| Total | 31.4 | 44.2 | 60.5 | 91.1 | 42.6% |
Top Suppliers of Fishing Rods to China in 2022:
- Vietnam (167.9 tons)
- Japan (115.5 tons)
- Indonesia (89.7 tons)
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