Fishing Rods Price in Portugal - 2023

Contents:

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

Fishing Rods Price in Portugal (CIF) - 2022

The average fishing rods import price stood at $37,601 per ton in 2022, with an increase of 16% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.6% 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 +39.7% against 2019 indices. The pace of growth appeared the most rapid in 2015 an increase of 29%. The import price peaked in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($48,385 per ton), while the price for the Netherlands ($12,950 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Rods Price in Portugal (FOB) - 2022

In 2022, the average fishing rods export price amounted to $28,945 per ton, shrinking by -24% against the previous year. Over the period under review, the export price continues to indicate a slight decline. The growth pace was the most rapid in 2021 an increase of 24%. As a result, the export price reached the peak level of $38,108 per ton, and then plummeted in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Morocco ($83,861 per ton), while the average price for exports to Bulgaria ($13,789 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 Morocco (+87.2%), while the prices for the other major destinations experienced mixed trend patterns.

Fishing Rods Imports in Portugal

In 2022, imports of fishing rodses into Portugal stood at 53 tons, approximately mirroring the year before. In general, imports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2021 when imports increased by 15% against the previous year.

In value terms, fishing rods imports soared to $2M in 2022. Over the period under review, imports, however, showed a noticeable decline.

Import of Fishing Rods in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China71142482599311.8%
Spain760738519546-10.4%
France294198201174-16.0%
Belgium86.454.036.71025.7%
Germany43.10.862.410132.8%
Netherlands26770.328.25.8-72.1%
Others13742.752.484.2-15.0%
Total2,3001,5271,7252,006-4.5%

Top Suppliers of Fishing Rods to Portugal in 2022:

  1. China (20.5 tons)
  2. Spain (16.2 tons)
  3. Germany (6.9 tons)
  4. France (4.6 tons)
  5. Belgium (3.8 tons)
  6. Netherlands (0.4 tons)

Fishing Rods Exports in Portugal

In 2022, overseas shipments of fishing rodses were finally on the rise to reach 4.9 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a dramatic setback.

In value terms, fishing rods exports surged to $143K in 2022. In general, exports, however, showed a precipitous decline.

Export of Fishing Rods in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain36048.31.892.5-36.4%
MoroccoN/AN/A19.415.9-18.0%
Angola16.134.331.110.8-12.5%
GreeceN/A3.3N/A9.065.1%
BulgariaN/A11.2N/A8.5-12.9%
Cabo Verde5.05.37.54.1-6.4%
Guinea-BissauN/A5.8N/AN/A0%
Others5.56.19.12.3-25.2%
Total38711468.9143-28.2%

Top Export Markets for Fishing Rods from Portugal in 2022:

  1. Spain (2915.0 kg)
  2. Greece (648.0 kg)
  3. Bulgaria (615.0 kg)
  4. Angola (345.0 kg)
  5. Morocco (190.0 kg)
  6. Cabo Verde (145.0 kg)

Source: IndexBox Market Intelligence Platform

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