SADC: Fishing Rod Market 2024

Fishing Rod Market Size in SADC

The SADC fishing rod market was estimated at $X in 2022, leveling off at the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Fishing Rod Production in SADC

In value terms, fishing rod production amounted to $X in 2022 estimated in export price. The total production indicated a slight increase from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

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Fishing Rod Exports

Exports in SADC

After two years of growth, shipments abroad of fishing rods and other line fishing tackle decreased by X% to X units in 2022. Over the period under review, exports, however, showed perceptible growth. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units, and then fell notably in the following year.

In value terms, fishing rod exports declined to $X in 2022. Total exports indicated a temperate expansion from 2012 to 2022: its value 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, exports increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

The biggest shipments were from Mauritius (X units), South Africa (X units) and Madagascar (X units), together recording X% of total export. It was distantly followed by Tanzania (X units), mixing up a X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Tanzania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X), Madagascar ($X) and Mauritius ($X) appeared to be the countries with the highest levels of exports in 2022, together accounting for X% of total exports. Tanzania lagged somewhat behind, comprising a further X%.

In terms of the main exporting countries, Tanzania, with a CAGR of X%, 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 export price in SADC stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was South Africa ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (X%), while the other leaders experienced mixed trends in the export price figures.

Fishing Rod Imports

Imports in SADC

In 2022, fishing rod imports in SADC reached X units, flattening at 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, fishing rod imports rose significantly to $X in 2022. Overall, imports continue to indicate a mild increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

Imports by Country

South Africa represented the main importer of fishing rods and other line fishing tackle in SADC, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Angola (X units) took the second position in the ranking, followed by Mauritius (X units), Tanzania (X units), Democratic Republic of the Congo (X units), Mozambique (X units) and Namibia (X units). All these countries together took approx. X% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to fishing rod imports into South Africa stood at X%. At the same time, Mozambique (X%), Democratic Republic of the Congo (X%) and Mauritius (X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer imported in SADC, with a CAGR of X% from 2012-2022. Angola experienced a relatively flat trend pattern. By contrast, Tanzania (X%) and Namibia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Mauritius, Democratic Republic of the Congo, Mozambique and South Africa increased by X, X, X and X percentage points, respectively.

In value terms, South Africa ($X) constitutes the largest market for imported fishing rods and other line fishing tackle in SADC, comprising X% of total imports. The second position in the ranking was held by Mauritius ($X), with a X% share of total imports. It was followed by Democratic Republic of the Congo, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in South Africa was relatively modest. In the other countries, the average annual rates were as follows: Mauritius (X% per year) and Democratic Republic of the Congo (X% per year).

Import Prices by Country

In 2022, the import price in SADC amounted to $X per unit, growing by X% against the previous year. In general, the import price, however, showed a slight setback. The most prominent rate of growth was recorded in 2016 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2022, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was South Africa ($X per unit), while Angola ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tanzania (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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