Fishing Rods Price in Italy - 2023

Contents:

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

Fishing Rods Price in Italy (CIF) - 2022

The average fishing rods import price stood at $41,053 per ton in 2022, which is down by -5.5% against the previous year. In general, import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fishing rods import price increased by +3.1% against 2018 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 20% against the previous year. The import price peaked at $43,456 per ton in 2021, and then declined in the following year.

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 Netherlands ($89,137 per ton), while the price for Belgium ($32,569 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 (+18.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Rods Price in Italy (FOB) - 2022

The average fishing rods export price stood at $83,340 per ton in 2022, growing by 7.1% against the previous year. In general, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fishing rods export price increased by +29.9% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 21%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($257,521 per ton), while the average price for exports to Latvia ($28,503 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 (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in Italy

In 2022, the amount of fishing rodses imported into Italy soared to 485 tons, jumping by 24% on the previous year's figure. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fishing rods imports soared to $20M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +48.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 26%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Top Suppliers of Fishing Rods to Italy in 2022:

1. China (375.1 tons)
2. Spain (53.8 tons)
3. Belgium (15.5 tons)
4. France (15.0 tons)
5. Netherlands (13.5 tons)

Fishing Rods Exports in Italy

In 2022, shipments abroad of fishing rodses decreased by -31.4% to 77 tons, falling for the second consecutive year after two years of growth. Overall, exports recorded a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 1.1%. As a result, the exports reached the peak of 119 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fishing rods exports dropped rapidly to $6.4M in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, the exports reached the peak of $8.7M, and then contracted rapidly in the following year.

Top Export Markets for Fishing Rods from Italy in 2022:

1. Spain (11.3 tons)
2. Croatia (10.7 tons)
3. Germany (8.3 tons)
4. France (6.8 tons)
5. Belgium (3.6 tons)
6. Chile (3.5 tons)
7. Latvia (3.1 tons)
8. United Kingdom (3.0 tons)
9. Slovenia (2.8 tons)
10. Romania (2.7 tons)
11. Greece (2.5 tons)
12. Poland (2.4 tons)
13. Netherlands (2.0 tons)

Source: IndexBox Market Intelligence Platform