Fishing Rods Price in Turkey - 2023

Contents:

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

Fishing Rods Price in Turkey (CIF) - 2022

In 2022, the average fishing rods import price amounted to $27,212 per ton, picking up by 39% against the previous year. In general, import price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.7% 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 +36.8% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +6.6% per year.

Fishing Rods Price in Turkey (FOB) - 2022

In 2022, the average fishing rods export price amounted to $28,557 per ton, jumping by 57% against the previous year. Overall, the export price posted a strong increase. The pace of growth appeared the most rapid in 2014 an increase of 85%. The export price peaked at $43,855 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

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 the United States ($80,233 per ton), while the average price for exports to Libya ($7,185 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 Bulgaria (+597.2%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in Turkey

In 2022, overseas purchases of fishing rodses decreased by -33.2% to 162 tons, falling for the second year in a row after two years of growth. Over the period under review, imports saw a noticeable curtailment. The growth pace was the most rapid in 2020 with an increase of 48% against the previous year. As a result, imports reached the peak of 262 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, fishing rods imports dropped to $4.4M in 2022. The total import value increased at an average annual rate of +7.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 44% against the previous year. As a result, imports reached the peak of $5.1M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Fishing Rods in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.34.94.64.39.2%
Others0.20.10.10.1-20.6%
Total3.55.14.84.47.9%

Top Suppliers of Fishing Rods to Turkey in 2022:

  1. China (160.4 tons)

Fishing Rods Exports in Turkey

In 2022, overseas shipments of fishing rodses decreased by -19.2% to 2.8 tons, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 25%. As a result, the exports attained the peak of 3.9 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, fishing rods exports skyrocketed to $79K in 2022. In general, total exports indicated a mild increase from 2019 to 2022: its value increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -27.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 44% against the previous year. As a result, the exports reached the peak of $109K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Fishing Rods in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus29.430.931.020.8-10.9%
BulgariaN/AN/A0.118.818700.0%
Iran2.2N/A5.78.858.7%
United StatesN/AN/AN/A8.30%
NetherlandsN/AN/AN/A7.40%
Georgia5.8N/AN/A3.2-18.0%
Israel12.419.313.42.2-43.8%
FranceN/A50.7N/A0.2-93.7%
Qatar2.7N/AN/AN/A0%
MauritaniaN/AN/A3.2N/A0%
Others23.27.98.79.2-26.5%
Total75.810962.278.91.3%

Top Export Markets for Fishing Rods from Turkey in 2022:

  1. Iran (781.0 kg)
  2. Bulgaria (527.0 kg)
  3. Netherlands (393.0 kg)
  4. Cyprus (375.0 kg)
  5. Israel (155.0 kg)
  6. Georgia (118.0 kg)
  7. United States (103.0 kg)
  8. France (2.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Fishing rods - Turkey