United Kingdom: Fishing Rod Market Overview 2021

Fishing Rod Market Size in the UK

The UK fishing rod market shrank slightly to $X in 2019, falling by -X% against the previous year. Overall, consumption showed a noticeable reduction. The pace of growth appeared the most rapid in 2015 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2019, consumption remained at a lower figure.

Fishing Rod Production in the UK

In value terms, fishing rod production rose modestly to $X in 2019 estimated in export prices. Over the period under review, production showed a mild setback. The growth pace was the most rapid in 2011 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2012 to 2019, production growth remained at a lower figure.

Fishing Rod Exports

Exports from the UK

In 2019, the amount of fishing rods and other line fishing tackle exported from the UK shrank to X units, with a decrease of -X% against the year before. Over the period under review, exports recorded a pronounced reduction. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. As a result, exports attained the peak of X units. From 2012 to 2019, the growth exports failed to regain the momentum.

In value terms, fishing rod exports surged to $X in 2019. In general, exports recorded a noticeable reduction. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

France (X units), Ireland (X units) and Germany (X units) were the main destinations of fishing rod exports from the UK, together comprising X% of total exports. These countries were followed by the U.S., Poland, the Netherlands, the Czech Republic, Italy, Hungary, Sweden, Austria and Spain, which together accounted for a further X 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for fishing rod exported from the UK were France ($X), Germany ($X) and Ireland ($X), with a combined X% share of total exports. These countries were followed by Sweden, the Netherlands, the U.S., Italy, the Czech Republic, Poland, Hungary, Austria and Spain, which together accounted for a further X terms of the main countries of destination, Poland saw the highest growth rate of 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

In 2019, the average fishing rod export price amounted to $X per unit, picking up by X% against the previous year. Overall, export price indicated a moderate expansion from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, fishing rod export price increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2012 an increase of X% against the previous year. The export price peaked in 2019 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2019, the country with the highest price was Sweden ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rod Imports

Imports into the UK

In 2019, supplies from abroad of fishing rods and other line fishing tackle increased by X% to X units for the first time since 2015, thus ending a three-year declining trend. Over the period under review, imports, however, saw a abrupt slump. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. As a result, imports attained the peak of X units. From 2009 to 2019, the growth imports failed to regain the momentum.

In value terms, fishing rod imports totaled $X in 2019. Overall, imports, however, saw a pronounced slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at $X in 2008; however, from 2009 to 2019, imports stood at a somewhat lower figure.

Imports by Country

In 2019, China (X units) constituted the largest fishing rod supplier to the UK, accounting for a X% share of total imports. Moreover, fishing rod imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), more than tenfold. Belgium (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2019, the average annual rate of growth in terms of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-X% per year) and Belgium (-X% per year).

In value terms, China ($X), the Netherlands ($X) and South Korea ($X) appeared to be the largest fishing rod suppliers to the UK, with a combined X% share of total imports. Poland, Belgium, Japan, the U.S. and Spain lagged somewhat behind, together comprising a further X (+X% per year) saw the highest growth rate of the value of imports, among the main suppliers 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 unit in 2019, growing by X% against the previous year. Overall, the import price showed a prominent increase. The growth pace was the most rapid in 2011 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs in 2019 and is expected to retain growth in years to come.

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

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fishing rods and other line fishing tackle in the world?

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The countries with the highest volumes of fishing rod consumption in 2019 were China (94M units), the U.S. (72M units) and Japan (50M units), together accounting for 59% of global consumption. Pakistan, Indonesia, Germany, Russia and South Korea lagged somewhat behind, together comprising a further 15%.

What are the largest producers of fishing rods and other line fishing tackle in the world?

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China (237M units) remains the largest fishing rod producing country worldwide, comprising approx. 57% of total volume. Moreover, fishing rod production in China exceeded the figures recorded by the second-largest producer, Japan (44M units), fivefold. The third position in this ranking was occupied by the U.S. (34M units), with a 8.1% share.

What are the leading suppliers of fishing rods and other line fishing tackle to the UK?

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In value terms, the largest fishing rod suppliers to the UK were China ($18M), the Netherlands ($11M) and South Korea ($3M), with a combined 76% share of total imports. These countries were followed by Poland, Belgium, Japan, the U.S. and Spain, which together accounted for a further 15%.

What are the leading importers of fishing rods and other line fishing tackle from the UK?

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In value terms, the largest markets for fishing rod exported from the UK were France ($1.9M), Germany ($1.5M) and Ireland ($1.2M), together accounting for 37% of total exports. Sweden, the Netherlands, the U.S., Italy, the Czech Republic, Poland, Hungary, Austria and Spain lagged somewhat behind, together accounting for a further 47%.

What is the average export price for fishing rods and other line fishing tackle in the UK?

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In 2019, the average fishing rod export price amounted to $22 per unit, increasing by 31% against the previous year.

What is the average import price for fishing rods and other line fishing tackle in the UK?

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In 2019, the average fishing rod import price amounted to $16 per unit, with an increase of 1.8% against the previous year.