Africa: Fishing Rod Market 2024

Fishing Rod Market Size in Africa

The African fishing rod market stood at $X in 2022, almost unchanged from the previous year. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Fishing Rod Production in Africa

In value terms, fishing rod production contracted slightly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

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Fishing Rod Exports

Exports in Africa

In 2022, after two years of growth, there was significant decline in shipments abroad of fishing rods and other line fishing tackle, when their volume decreased by X% to X units. Overall, exports, however, enjoyed modest growth. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X units, and then dropped rapidly in the following year.

In value terms, fishing rod exports shrank to $X in 2022. Total exports indicated a measured expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

In 2022, Mauritius (X units), South Africa (X units), Tunisia (X units) and Madagascar (X units) was the largest exporter of fishing rods and other line fishing tackle in Africa, comprising X% of total export. It was distantly followed by Kenya (X units), making up a X% share of total exports. Tanzania (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Tanzania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest fishing rod supplying countries in Africa were South Africa ($X), Madagascar ($X) and Mauritius ($X), together accounting for X% of total exports. Kenya, Tunisia and Tanzania lagged somewhat behind, together accounting for a further X%.

Tanzania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the export price increased by X%. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced more modest paces of growth.

Fishing Rod Imports

Imports in Africa

Fishing rod imports stood at X units in 2022, picking up by X% against 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 with an increase of X%. The volume of import peaked at X units in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, fishing rod imports rose significantly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, South Africa (X units), distantly followed by Algeria (X units), Angola (X units), Mauritius (X units), South Sudan (X units), Morocco (X units) and Tanzania (X units) represented the key importers of fishing rods and other line fishing tackle, together comprising X% of total imports. The following importers - Tunisia (X units), Democratic Republic of the Congo (X units), Nigeria (X units), Mozambique (X units), Ghana (X units) and Rwanda (X units) - together made up X% of total imports.

Imports into South Africa increased at an average annual rate of X% from 2012 to 2022. At the same time, Rwanda (X%), South Sudan (X%), Mozambique (X%), Democratic Republic of the Congo (X%), Mauritius (X%) and Morocco (X%) displayed positive paces of growth. Moreover, Rwanda emerged as the fastest-growing importer imported in Africa, with a CAGR of X% from 2012-2022. Angola experienced a relatively flat trend pattern. By contrast, Algeria (X%), Nigeria (X%), Tunisia (X%), Tanzania (X%) and Ghana (X%) illustrated a downward trend over the same period. While the share of South Sudan (X p.p.), Mauritius (X p.p.), Democratic Republic of the Congo (X p.p.), Mozambique (X p.p.), Rwanda (X p.p.) and South Africa (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Nigeria (X p.p.), Algeria (X p.p.), Tunisia (X p.p.), Tanzania (X p.p.) and Ghana (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) constitutes the largest market for imported fishing rods and other line fishing tackle in Africa, comprising X% of total imports. The second position in the ranking was taken by Mauritius ($X), with a X% share of total imports. It was followed by Algeria, with a X% share.

In South Africa, fishing rod imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Algeria (X% per year).

Import Prices by Country

In 2022, the import price in Africa amounted to $X per unit, falling by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was South Africa ($X per unit), while Rwanda ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Algeria (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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