Latest Report Update: May 20, 2021

Bulgaria - Fishing Rods And Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends and Insights
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Bulgaria: Fishing Rod Market Overview 2021

Fishing Rod Market Size in Bulgaria

For the third year in a row, the Bulgarian fishing rod market recorded growth in sales value, which increased by X% to $X in 2020. Overall, consumption recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the market value increased by X% y-o-y. Fishing rod consumption peaked in 2020 and is likely to see gradual growth in years to come.

Fishing Rod Production in Bulgaria

In value terms, fishing rod production expanded rapidly to $X in 2020 estimated in export prices. In general, production enjoyed a resilient increase. The pace of growth was the most pronounced in 2016 when the production volume increased by X% y-o-y. Over the period under review, production hit record highs in 2020 and is expected to retain growth in years to come.

Fishing Rod Exports

Exports from Bulgaria

In 2020, overseas shipments of fishing rods and other line fishing tackle decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports, however, enjoyed resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% y-o-y. Over the period under review, exports hit record highs at X units in 2019, and then contracted in the following year.

In value terms, fishing rod exports skyrocketed to $X in 2020. Overall, exports, however, continue to indicate a resilient expansion. The pace of growth was the most pronounced in 2008 when exports increased by X% against the previous year. Over the period under review, exports reached the maximum in 2020 and are expected to retain growth in years to come.

Exports by Country

Georgia (X units) was the main destination for fishing rod exports from Bulgaria, accounting for a X% share of total exports. Moreover, fishing rod exports to Georgia exceeded the volume sent to the second major destination, Germany (X units), twofold. Slovakia (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Georgia totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Slovakia (+X% per year).

In value terms, Slovakia ($X), Germany ($X) and Romania ($X) were the largest markets for fishing rod exported from Bulgaria worldwide, with a combined X% share of total exports.

Among the main countries of destination, Slovakia (+X% per year) saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average fishing rod export price stood at $X per unit in 2020, jumping by X% against the previous year. Overall, the export price, however, recorded a slight setback. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. As a result, export price reached the peak level of $X per unit. From 2009 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Romania ($X per unit), while the average price for exports to Georgia ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rod Imports

Imports into Bulgaria

In 2020, overseas purchases of fishing rods and other line fishing tackle increased by X% to X units, rising for the third year in a row after three years of decline. Over the period under review, imports, however, continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2019 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at X units in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, fishing rod imports amounted to $X in 2020. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) constituted the largest supplier of fishing rod to Bulgaria, accounting for a X% share of total imports. It was followed by Italy (X units), with a X% share of total imports. Serbia (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-X% per year) and Serbia (+X% per year).

In value terms, the largest fishing rod suppliers to Bulgaria were China ($X), Romania ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by Serbia, which accounted for a further X the main suppliers, Serbia (+X% per year) saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average fishing rod import price stood at $X per unit in 2020, dropping by -X% against the previous year. In general, import price indicated notable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, fishing rod import price decreased by -X% against 2018 indices. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, average import prices hit record highs at $X per unit in 2018; however, from 2019 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Romania ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fishing rods and other line fishing tackle in the world?
+
The countries with the highest volumes of fishing rod consumption in 2020 were China (76M units), the U.S. (56M units) and Japan (36M units), together accounting for 48% of global consumption. These countries were followed by Indonesia, Pakistan, Russia, Germany, South Korea and Ethiopia, which together accounted for a further 23%.
What are the largest producers of fishing rods and other line fishing tackle in the world?
+
China (181M units) remains the largest fishing rod producing country worldwide, accounting for 50% of total volume. Moreover, fishing rod production in China exceeded the figures recorded by the second-largest producer, the U.S. (40M units), fivefold. Japan (36M units) ranked third in terms of total production with a 10% share.
What are the leading suppliers of fishing rods and other line fishing tackle to Bulgaria?
+
In value terms, the largest fishing rod suppliers to Bulgaria were China ($773K), Romania ($386K) and Italy ($161K), with a combined 52% share of total imports. Serbia lagged somewhat behind, comprising a further 4.4%.
What are the leading importers of fishing rods and other line fishing tackle from Bulgaria?
+
In value terms, Slovakia ($23K), Germany ($17K) and Romania ($8.5K) appeared to be the largest markets for fishing rod exported from Bulgaria worldwide, with a combined 59% share of total exports.
What is the average export price for fishing rods and other line fishing tackle in Bulgaria?
+
In 2020, the average fishing rod export price amounted to $9.1 per unit, rising by 40% against the previous year.
What is the average import price for fishing rods and other line fishing tackle in Bulgaria?
+
The average fishing rod import price stood at $5.7 per unit in 2020, dropping by -13.9% against the previous year.

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

This report provides an in-depth analysis of the fishing rod market in Bulgaria. 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 2025.


Country coverage:
• Bulgaria

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Bulgaria
• 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
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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