Portugal: Fishing Rod Market 2024

Fishing Rod Market Size in Portugal

The Portuguese fishing rod market rose remarkably to $X in 2022, growing by X% against the previous year. In general, consumption recorded a slight increase. Over the period under review, the market reached the peak level in 2022 and is expected to retain growth in years to come.

Fishing Rod Production in Portugal

In value terms, fishing rod production fell modestly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a noticeable contraction. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Fishing Rod Exports

Exports from Portugal

In 2022, approx. X units of fishing rods and other line fishing tackle were exported from Portugal; jumping by X% against 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. The exports peaked at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, fishing rod exports soared to $X in 2022. Over the period under review, exports, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of X%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for fishing rod exports from Portugal, accounting for a X% share of total exports. Moreover, fishing rod exports to Spain exceeded the volume sent to the second major destination, Angola (X units), sevenfold. The third position in this ranking was held by Norway (X units), with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Norway (X% per year).

In value terms, Spain ($X) remains the key foreign market for fishing rods and other line fishing tackle exports from Portugal, comprising X% of total exports. The second position in the ranking was held by Angola ($X), with a X% share of total exports. It was followed by Morocco, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Spain totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Angola (X% per year) and Morocco (X% per year).

Export Prices by Country

In 2022, the average fishing rod export price amounted to $X per unit, picking up by X% against the previous year. Overall, the export price, however, recorded a perceptible descent. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Cabo Verde ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Morocco (X%), while the prices for the other major destinations experienced a decline.

Fishing Rod Imports

Imports into Portugal

In 2022, overseas purchases of fishing rods and other line fishing tackle were finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, fishing rod imports soared to $X in 2022. In general, imports, however, saw a slight contraction. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), Cabo Verde (X units) and China (X units) were the main suppliers of fishing rod imports to Portugal, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Cabo Verde (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Spain ($X) constituted the largest supplier of fishing rods and other line fishing tackle to Portugal, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Cabo Verde, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Spain amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Cabo Verde (X% per year).

Import Prices by Country

The average fishing rod import price stood at $X per unit in 2022, growing by X% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price 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, fishing rod import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2018 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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