Fishing Rods Price in the Philippines - 2023
Contents:
Fishing Rods Price in the Philippines (CIF) - 2022
In 2022, the average fishing rods import price amounted to $2,758 per ton, with a decrease of -31% against the previous year. In general, the import price showed a abrupt setback. The pace of growth appeared the most rapid in 2017 an increase of 35%. The import price peaked at $6,489 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Malaysia ($17,680 per ton), while the price for China ($2,347 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+10.9%), while the prices for the other major suppliers experienced mixed trend patterns.
Fishing Rods Imports in the Philippines
In 2022, the amount of fishing rodses imported into the Philippines skyrocketed to 218 tons, growing by 381% on the previous year's figure. Overall, imports continue to indicate significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, fishing rods imports skyrocketed to $600K in 2022. Over the period under review, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fishing Rods in the Philippines (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.9 | 43.9 | 84.5 | 472 | 126.0% |
| Japan | 46.5 | 193 | 51.3 | 60.0 | 8.9% |
| Malaysia | 41.7 | 19.7 | 21.4 | 18.8 | -23.3% |
| Others | 9.5 | 20.2 | 23.4 | 49.2 | 73.0% |
| Total | 139 | 276 | 181 | 600 | 62.8% |
Top Suppliers of Fishing Rods to the Philippines in 2022:
- China (201.1 tons)
- Japan (13.0 tons)
- Malaysia (1.1 tons)
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This report provides an in-depth analysis of the fishing rod market in the Philippines.
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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 the Philippines.
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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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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...
