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Report Azerbaijan - Fishing Rods and Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Oct 14, 2022

Azerbaijan - Fishing Rods and Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends and Insights
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Azerbaijan: Fishing Rod Market 2022

Fishing Rod Market Size in Azerbaijan

For the fourth consecutive year, the Azerbaijani fishing rod market recorded growth in sales value, which increased by X% to $X in 2021. In general, consumption showed a remarkable increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fishing Rod Exports

Exports from Azerbaijan

In 2021, exports of fishing rods and other line fishing tackle from Azerbaijan surged to X kg, increasing by X% on 2020 figures. Over the period under review, exports, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X kg in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, fishing rod exports fell to $X in 2021. In general, exports, however, continue to indicate a dramatic slump. The pace of growth appeared the most rapid in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Georgia (X kg) was the main destination for fishing rod exports from Azerbaijan, accounting for a X% share of total exports. Moreover, fishing rod exports to Georgia exceeded the volume sent to the second major destination, Russia (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Georgia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (+X% per year) and Argentina (X% per year).

In value terms, Georgia ($X) remains the key foreign market for fishing rod exports from Azerbaijan, comprising X% of total exports. The second position in the ranking was taken by Argentina ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Georgia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Argentina (X% per year) and Russia (+X% per year).

Export Prices by Country

In 2021, the average fishing rod export price amounted to $X per ton, shrinking by -X% against the previous year. In general, the export price showed a deep setback. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Argentina ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Georgia (-X%).

Fishing Rod Imports

Imports into Azerbaijan

In 2021, supplies from abroad of fishing rods and other line fishing tackle increased by X% to X tons, rising for the fourth year in a row after five years of decline. In general, imports posted a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fishing rod imports soared to $X in 2021. Overall, imports continue to indicate a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) was the main supplier of fishing rod to Azerbaijan, accounting for a X% share of total imports. It was followed by Ukraine (X tons), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +X%.

In value terms, China ($X) constituted the largest supplier of fishing rod to Azerbaijan, comprising X% of total imports. The second position in the ranking was taken by Ukraine ($X), with a X% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China totaled +X%.

Import Prices by Country

The average fishing rod import price stood at $X per ton in 2021, with a decrease of -X% against the previous year. Over the period under review, the import price continues to indicate a perceptible reduction. The pace of growth appeared the most rapid in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Ukraine totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+X%).

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2021	2007-2021	2022-2030	US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for fishing rods and other line fishing tackle in the world?

The United States constituted the country with the largest volume of fishing rod consumption, accounting for 23% of total volume. Moreover, fishing rod consumption in the United States exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by Japan, with an 8.9% share.

What are the largest producers of fishing rods and other line fishing tackle in the world?

China remains the largest fishing rod producing country worldwide, comprising approx. 56% of total volume. Moreover, fishing rod production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The third position in this ranking was taken by the United States, with a 6.2% share.

What are the leading suppliers of fishing rods and other line fishing tackle to Azerbaijan?

In value terms, China constituted the largest supplier of fishing rod to Azerbaijan, comprising 94% of total imports. The second position in the ranking was taken by Ukraine, with a 1.2% share of total imports.

What are the leading importers of fishing rods and other line fishing tackle from Azerbaijan?

In value terms, Georgia remains the key foreign market for fishing rod exports from Azerbaijan, comprising 89% of total exports. The second position in the ranking was held by Argentina $100), with a 6.7% share of total exports.

What is the average export price for fishing rods and other line fishing tackle in Azerbaijan?

The average fishing rod export price stood at $7,883 per ton in 2021, dropping by -18.7% against the previous year.

What is the average import price for fishing rods and other line fishing tackle in Azerbaijan?

In 2021, the average fishing rod import price amounted to $3,864 per ton, reducing by -41.5% against the previous year.

This report provides an in-depth analysis of the fishing rod market in Azerbaijan. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

• Prodcom 32301600 - Fishing rods, other line fishing tackle, articles for hunting or fishing n.e.c.

Country coverage:

• Azerbaijan

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Azerbaijan

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance