
India - Fishing Rods and Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends and Insights
India: Fishing Rod Market 2022
Fishing Rod Market Size in India
The Indian fishing rod market was finally on the rise to reach $X in 2021, after three years of decline. In general, consumption, however, recorded a abrupt descent. Fishing rod consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Fishing Rod Production in India
In value terms, fishing rod production rose significantly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a abrupt shrinkage. Fishing rod production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Fishing Rod Exports
Exports from India
In 2021, overseas shipments of fishing rods and other line fishing tackle increased by X% to X tons, rising for the third year in a row after two years of decline. Overall, total exports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2018 indices. The growth pace was the most rapid in 2016 with an increase of X%. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.
In value terms, fishing rod exports surged to $X in 2021. Over the period under review, total exports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
The United States (X tons) was the main destination for fishing rod exports from India, with a X% share of total exports. Moreover, fishing rod exports to the United States exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was taken by France (X tons), with a X% share.
From 2012 to 2021, the average annual growth rate of volume to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and France (+X% per year).
In value terms, the United States ($X) remains the key foreign market for fishing rod exports from India, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by France, with an X% share.
From 2012 to 2021, the average annual growth rate of value to the United States totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and France (+X% per year).
Export Prices by Country
The average fishing rod export price stood at $X per ton in 2021, surging by X% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, fishing rod export price increased by +X% against 2018 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked in 2021 and is expected to retain growth in years to come.
Prices varied noticeably country of destination: the country with the highest price was France ($X per ton), while the average price for exports to China ($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 Belgium (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Rod Imports
Imports into India
In 2021, purchases abroad of fishing rods and other line fishing tackle was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, imports posted strong growth. 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 $X in 2021. In general, imports enjoyed buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
In 2021, China (X tons) constituted the largest fishing rod supplier to India, accounting for a X% share of total imports. Moreover, fishing rod imports from China exceeded the figures recorded by the second-largest supplier, Singapore (X tons), sixfold. The third position in this ranking was held by South Korea (X tons), with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and South Korea (-X% per year).
In value terms, China ($X) constituted the largest supplier of fishing rod to India, comprising X% of total imports. The second position in the ranking was taken by Singapore ($X), with an X% share of total imports. It was followed by Japan, with an X% share.
From 2012 to 2021, the average annual growth rate of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+X% per year) and Japan (+X% per year).
Import Prices by Country
In 2021, the average fishing rod import price amounted to $X per ton, declining by -X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded 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 $X per ton in 2020, and then contracted modestly in the following year.
Prices varied noticeably country of origin: the country with the highest price was Vietnam ($X per ton), while the price for China ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fishing rod market in India. 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.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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