Fishing Rods Price in the United States - 2023

Contents:

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

Fishing Rods Price in the United States (CIF) - 2022

The average fishing rods import price stood at $25,215 per ton in 2022, declining by -28.4% against the previous year. In general, the import price showed a deep contraction. The pace of growth appeared the most rapid in 2016 an increase of 8.2%. Over the period under review, average import prices attained the maximum at $53,840 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($87,015 per ton), while the price for China ($23,064 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Rods Price in the United States (FOB) - 2022

The average fishing rods export price stood at $74,738 per ton in 2022, picking up by 1.6% against the previous year. Over the period under review, export price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.4% 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 +19.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 20% against the previous year. Over the period under review, the average export prices attained the peak figure at $78,851 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($189,016 per ton), while the average price for exports to Trinidad and Tobago ($21,681 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 Japan (+14.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in the United States

For the fourth consecutive year, the United States recorded growth in purchases abroad of fishing rodses, which increased by 39% to 12K tons in 2022. Overall, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 78%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

In value terms, fishing rods imports dropped slightly to $309M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.0% 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 +48.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 42%. As a result, imports attained the peak of $311M, leveling off in the following year.

Import of Fishing Rods in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17517325925713.7%
Canada9.110.713.112.410.9%
Vietnam2.23.86.510.870.0%
Mexico9.017.610.59.10.4%
South Korea6.97.010.58.88.4%
Taiwan (Chinese)3.43.75.65.618.1%
Others2.72.86.15.829.0%
Total20921831130913.9%

Top Suppliers of Fishing Rods to the United States in 2022:

  1. China (11.1K tons)
  2. Vietnam (0.3K tons)
  3. Taiwan (Chinese) (0.2K tons)
  4. South Korea (0.2K tons)
  5. Canada (0.1K tons)
  6. Mexico (0.1K tons)

Fishing Rods Exports in the United States

In 2022, the amount of fishing rodses exported from the United States surged to 472 tons, rising by 27% compared with 2021 figures. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +26.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +100.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 35%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, fishing rods exports soared to $35M in 2022. Over the period under review, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Fishing Rods in the United States (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada9.99.712.514.112.5%
United Kingdom0.90.81.12.642.4%
Mexico1.01.71.02.230.1%
Australia0.50.41.41.956.0%
Denmark0.10.20.21.7157.1%
China0.30.30.91.571.0%
Netherlands0.80.91.21.420.5%
Japan1.00.91.01.411.9%
Iceland0.2N/A0.10.858.7%
South Africa0.10.10.20.8100.0%
Costa Rica0.30.60.60.838.7%
ArgentinaN/A0.10.40.7164.6%
Trinidad and TobagoN/AN/A0.10.2100.0%
Others3.24.26.55.217.6%
Total18.319.827.235.224.4%

Top Export Markets for Fishing Rods from the United States in 2022:

  1. Canada (166.4 tons)
  2. Australia (36.5 tons)
  3. Costa Rica (36.4 tons)
  4. United Kingdom (30.7 tons)
  5. China (27.1 tons)
  6. Mexico (26.5 tons)
  7. Denmark (20.2 tons)
  8. Argentina (15.1 tons)
  9. South Africa (12.1 tons)
  10. Iceland (9.0 tons)
  11. Netherlands (8.1 tons)
  12. Trinidad and Tobago (7.7 tons)
  13. Japan (7.3 tons)

Source: IndexBox Market Intelligence Platform

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