Fishing Rods Price in Singapore - 2022
Contents:
- Fishing Rods Price in Singapore (CIF) - 2022
- Fishing Rods Price in Singapore (FOB) - 2022
- Fishing Rods Imports in Singapore
- Fishing Rods Exports in Singapore
Fishing Rods Price in Singapore (CIF) - 2022
The average fishing rods import price stood at $58,066 per ton in 2022, dropping by -9.8% against the previous year. Over the last decade, it increased at an average annual rate of +4.2%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 16%. Over the period under review, average import prices reached the peak figure at $64,350 per ton in 2021, and then declined in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($63,591 per ton) and Malaysia ($57,952 per ton), while the price for Japan ($55,596 per ton) and Indonesia ($57,805 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Fishing Rods Price in Singapore (FOB) - 2022
In 2022, the average fishing rods export price amounted to $72,162 per ton, surging by 34% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $78,845 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($72,149 per ton) and Indonesia ($72,148 per ton), while the average price for exports to Hong Kong SAR ($72,137 per ton) and the United States ($72,140 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Rods Imports in Singapore
In 2022, approx. 306 tons of fishing rodses were imported into Singapore; reducing by -14.3% against 2021. In general, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 13%.
In value terms, fishing rods imports dropped rapidly to $18M in 2022. Overall, imports faced a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 31%.
| Import of Fishing Rods in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 21.3 | 13.0 | 17.3 | 12.7 | -15.8% |
| Japan | 6.1 | 2.2 | 2.4 | 2.6 | -24.7% |
| China | 2.1 | 1.5 | 2.5 | 1.9 | -3.3% |
| Malaysia | 0.5 | 0.5 | 0.5 | 0.4 | -7.2% |
| Others | 0.3 | 0.3 | 0.3 | 0.2 | -12.6% |
| Total | 30.4 | 17.6 | 23.0 | 17.8 | -16.3% |
Top Suppliers of Fishing Rods to Singapore in 2022:
- Indonesia (219.9 tons)
- Japan (46.7 tons)
- China (29.2 tons)
- Malaysia (6.1 tons)
Fishing Rods Exports in Singapore
In 2022, exports of fishing rodses from Singapore dropped sharply to 273 tons, shrinking by -28.5% compared with 2021. In general, exports continue to indicate a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 62%. As a result, the exports attained the peak of 382 tons, and then shrank remarkably in the following year.
In value terms, fishing rods exports contracted modestly to $20M in 2022. Over the period under review, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 31%.
| Export of Fishing Rods in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 16.0 | 11.7 | 14.5 | 12.3 | -8.4% |
| Malaysia | 4.1 | 0.5 | 0.8 | 1.5 | -28.5% |
| China | 5.1 | 0.1 | 0.1 | 1.4 | -35.0% |
| United States | 0.2 | 0.3 | 1.2 | 1.0 | 71.0% |
| Indonesia | 1.4 | 0.7 | 1.0 | 0.8 | -17.0% |
| Netherlands | 0.5 | 0.6 | 0.8 | 0.7 | 11.9% |
| Vietnam | 0.5 | 0.4 | 0.3 | 0.3 | -15.7% |
| Others | 1.4 | 1.4 | 1.9 | 1.6 | 4.6% |
| Total | 29.1 | 15.7 | 20.6 | 19.7 | -12.2% |
Top Export Markets for Fishing Rods from Singapore in 2022:
- Japan (170.2 tons)
- Malaysia (21.0 tons)
- China (20.1 tons)
- United States (14.5 tons)
- Indonesia (11.6 tons)
- Netherlands (9.9 tons)
- Vietnam (4.5 tons)
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This report provides an in-depth analysis of the fishing rod market in Singapore.
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This report provides an in-depth analysis of the global fishing rod market.
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This report provides an in-depth analysis of the fishing rod market in Singapore.
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This report provides an in-depth analysis of the global fishing rod market.
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In 2016, the global fishing rod imports totaled X tons, approximately reflecting the previous year level. In general, fishing rod imports continue to indicate a relatively flat trend pattern. The...
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