Fishing Rods Price in Russia - 2022

Contents:

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

Fishing Rods Price in Russia (CIF) - 2022

In 2022, the average fishing rods import price amounted to $11,067 per ton, growing by 5.9% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average import price increased by 68%. As a result, import price attained the peak level of $12,110 per ton. From 2021 to 2022, the average import prices remained at a somewhat lower figure.

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 China ($11,904 per ton), while the price for Belarus amounted to $2,925 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Fishing Rods Price in Russia (FOB) - 2022

The average fishing rods export price stood at $44,364 per ton in 2022, which is down by -4% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 34% against the previous year. The export price peaked at $46,210 per ton in 2021, and then reduced modestly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Belarus ($64,137 per ton), while the average price for exports to Mongolia ($10,003 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 (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in Russia

Fishing rods imports into Russia reduced remarkably to 1.1K tons in 2022, which is down by -23.7% compared with the year before. Overall, imports saw a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 88% against the previous year.

In value terms, fishing rods imports declined remarkably to $12M in 2022. Over the period under review, total imports indicated a modest increase from 2019 to 2022: its value increased at an average annual rate of +1.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 63%. As a result, imports reached the peak of $15M, and then contracted notably in the following year.

Import of Fishing Rods in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.48.011.711.26.0%
Belarus0.60.51.80.5-5.9%
Others1.60.91.70.7-24.1%
Total11.79.415.312.31.7%

Top Suppliers of Fishing Rods to Russia in 2022:

  1. China (938.5 tons)
  2. Belarus (173.0 tons)

Fishing Rods Exports in Russia

In 2022, shipments abroad of fishing rodses decreased by -2.1% to 18 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when exports increased by 39% against the previous year. As a result, the exports reached the peak of 19 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, fishing rods exports contracted to $818K in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 55%.

Export of Fishing Rods in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus27638636647920.2%
Lithuania43.840.078.393.928.9%
Kazakhstan80.610912390.33.9%
BulgariaN/A4.525.568.4289.9%
Estonia39.996.811547.05.6%
MongoliaN/A0.33.226.3836.3%
Latvia14.731.462.08.1-18.0%
Ukraine36.069.577.64.5-50.0%
Others5.228.120.10.8-46.4%
Total49676687081818.1%

Top Export Markets for Fishing Rods from Russia in 2022:

  1. Belarus (7.5 tons)
  2. Mongolia (2.6 tons)
  3. Lithuania (2.4 tons)
  4. Bulgaria (2.0 tons)
  5. Kazakhstan (1.9 tons)
  6. Estonia (1.4 tons)
  7. Ukraine (0.4 tons)
  8. Latvia (0.3 tons)

Source: IndexBox Market Intelligence Platform

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