Fishing Rods Price in Finland - 2023

Contents:

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

Fishing Rods Price in Finland (CIF) - 2022

In 2022, the average fishing rods import price amounted to $42,560 per ton, surging by 3.6% against the previous year. Over the last decade, it increased at an average annual rate of +5.3%. The growth pace was the most rapid in 2014 when the average import price increased by 20%. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in years to come.

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 South Korea ($158,393 per ton), while the price for Sweden ($27,120 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Rods Price in Finland (FOB) - 2022

The average fishing rods export price stood at $91,201 per ton in 2022, picking up by 3.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2014 when the average export price increased by 51%. The export price peaked at $111,467 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($161,098 per ton), while the average price for exports to Estonia ($54,113 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 Lithuania (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in Finland

Fishing rods imports into Finland rose notably to 191 tons in 2022, surging by 12% compared with 2021 figures. In general, imports continue to indicate strong growth. The growth pace was the most rapid in 2021 when imports increased by 71% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, fishing rods imports surged to $8.1M in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 71% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Fishing Rods in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.82.23.94.214.5%
Vietnam0.70.61.11.631.7%
South Korea0.60.60.80.914.5%
Taiwan (Chinese)N/AN/A0.10.3200.0%
Sweden0.10.10.30.344.2%
Others0.40.70.90.826.0%
Total4.54.17.08.121.6%

Top Suppliers of Fishing Rods to Finland in 2022:

  1. China (145.9 tons)
  2. Vietnam (17.1 tons)
  3. Sweden (11.0 tons)
  4. Taiwan (Chinese) (5.7 tons)
  5. South Korea (5.6 tons)

Fishing Rods Exports in Finland

In 2022, shipments abroad of fishing rodses decreased by -5.7% to 44 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 56% against the previous year.

In value terms, fishing rods exports declined to $4M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.9% 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 +72.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 38%.

Export of Fishing Rods in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1,0011,4931,7021,64117.9%
Norway25341065582648.3%
United Kingdom80.215830537066.5%
Belgium15919531425416.9%
Denmark244301474237-1.0%
Austria69.915220120743.6%
Estonia26.038.010753.727.4%
Russia20399.035.23.1-75.2%
Others27534429039412.7%
Total2,3113,1884,0833,98619.9%

Top Export Markets for Fishing Rods from Finland in 2022:

  1. Russia (undefined tons)
  2. Sweden (21.1 tons)
  3. Norway (9.0 tons)
  4. United Kingdom (4.3 tons)
  5. Denmark (2.1 tons)
  6. Belgium (2.1 tons)
  7. Austria (1.6 tons)
  8. Estonia (1.0 tons)

Source: IndexBox Market Intelligence Platform

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