
Pakistan - Fishing Rods and Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact
Pakistan: Fishing Rod Market 2022
Fishing Rod Market Size in Pakistan
The Pakistani fishing rod market expanded modestly to $X in 2021, increasing by X% against the previous year. The market value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.
Fishing Rod Production in Pakistan
In value terms, fishing rod production totaled $X in 2021 estimated in export price. The total output value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 with an increase of X%. Fishing rod production peaked at $X in 2019; however, from 2020 to 2021, production remained at a lower figure.
Fishing Rod Exports
Exports from Pakistan
In 2021, shipments abroad of fishing rods and other line fishing tackle increased by X% to X tons, rising for the second consecutive year after two years of decline. In general, exports saw a perceptible expansion. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports failed to regain momentum.
In value terms, fishing rod exports soared to $X in 2021. Over the period under review, exports recorded a resilient expansion. The pace of growth was the most pronounced in 2017 when exports increased by X%. The exports peaked in 2021 and are likely to see steady growth in the immediate term.
Exports by Country
The United States (X tons) was the main destination for fishing rod exports from Pakistan, with a X% share of total exports. Moreover, fishing rod exports to the United States exceeded the volume sent to the second major destination, Sweden (X kg), more than tenfold. Cambodia (X kg) ranked third in terms of total exports with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of volume to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Cambodia (+X% per year).
In value terms, the United States ($X) remains the key foreign market for fishing rod exports from Pakistan, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.
From 2012 to 2021, the average annual growth rate of value to the United States amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and Sweden (+X% per year).
Export Prices by Country
The average fishing rod export price stood at $X per ton in 2021, with an increase of X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in years to come.
Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while the average price for exports to South Africa ($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 Sweden (+X%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Rod Imports
Imports into Pakistan
In 2021, the amount of fishing rods and other line fishing tackle imported into Pakistan fell modestly to X tons, waning by -X% against the previous year's figure. Overall, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of X tons, and then contracted in the following year.
In value terms, fishing rod imports skyrocketed to $X in 2021. Over the period under review, imports, however, posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Imports by Country
Kenya (X tons), China (X tons) and the UK (X kg) were the main suppliers of fishing rod imports to Pakistan, with a combined X% share of total imports.
From 2012 to 2021, the biggest increases were in the UK (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest fishing rod suppliers to Pakistan were China ($X), Kenya ($X) and South Korea ($X), with a combined X% share of total imports. These countries were followed by the UK, which accounted for a further X the main suppliers, the UK, with a CAGR of +X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average fishing rod import price stood at $X per ton in 2021, growing by X% against the previous year. Overall, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably country of origin: the country with the highest price was South Korea ($X per ton), while the price for Kenya ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+X%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the fishing rod market in Pakistan. 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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