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Report U.S. - Fishing Rods and Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends and Insights for 499$

Latest Report Update: Oct 14, 2022

U.S. - Fishing Rods and Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends and Insights
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U.S.: Fishing Rod Market 2022

Fishing Rod Market Size in the U.S.

In 2021, the U.S. fishing rod market was finally on the rise to reach $X after two years of decline. Over the period under review, the total consumption indicated resilient 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. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fishing Rod Production in the U.S.

In value terms, fishing rod production stood at $X in 2021. The total output value increased at an average annual rate of +X% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Fishing rod production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Fishing Rod Exports

Exports from the U.S.

In 2021, the amount of fishing rods and other line fishing tackle exported from the United States surged to X tons, increasing by X% on 2020 figures. Over the period under review, total exports indicated a noticeable increase from 2012 to 2021: its volume 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 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, fishing rod exports skyrocketed to $X in 2021. In general, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons) was the main destination for fishing rod exports from the United States, accounting for a X% share of total exports. Moreover, fishing rod exports to Canada exceeded the volume sent to the second major destination, Poland (X tons), sevenfold. The third position in this ranking was taken by Costa Rica (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Canada amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Costa Rica (+X% per year).

In value terms, Canada ($X) remains the key foreign market for fishing rod exports from the United States, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports. It was followed by Costa Rica, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Canada stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Costa Rica (+X% per year).

Export Prices by Country

The average fishing rod export price stood at $X per ton in 2021, falling by -X% against the previous year. Overall, the export price continues to indicate a pronounced decrease. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to Norway ($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 the UK (-X%), while the prices for the other major destinations experienced a decline.

Fishing Rod Imports

Imports into the U.S.

Fishing rod imports into the United States soared to X tons in 2021, increasing by X% compared with 2020. Over the period under review, imports recorded a strong expansion. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

In value terms, fishing rod imports surged to $X in 2021. In general, total imports 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, imports increased by +X% against 2015 indices. As a result, imports reached 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 the United States, accounting for a X% share of total imports. Moreover, fishing rod imports from China exceeded the figures recorded by the second-largest supplier, Japan (X tons), ninefold. The third position in this ranking was held by South Korea (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and South Korea (+X% per year).

In value terms, China ($X) constituted the largest supplier of fishing rod to the United States, comprising X% of total imports. The second position in the ranking was taken by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+X% per year) and South Korea (+X% per year).

Import Prices by Country

The average fishing rod import price stood at $X per ton in 2021, which is down by -X% against the previous year. Overall, the import price recorded a noticeable curtailment. The pace of growth was the most pronounced in 2015 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 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was Malaysia ($X per ton), while the price for Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Estonia (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

Base Year	Historical Period	Forecast Period	Units
2021	2007-2021	2022-2030	US$, Tons

Frequently Asked Questions (FAQ) :

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

The United States constituted the country with the largest volume of fishing rod consumption, comprising approx. 23% of total volume. Moreover, fishing rod consumption in the United States exceeded the figures recorded by the second-largest consumer, India, twofold. The third position in this ranking was taken by Japan, with an 8.9% share.

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

China constituted the country with the largest volume of fishing rod production, accounting for 56% of total volume. Moreover, fishing rod production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The United States ranked third in terms of total production with a 6.2% share.

What are the leading suppliers of fishing rods and other line fishing tackle to the U.S.?

In value terms, China constituted the largest supplier of fishing rod to the United States, comprising 66% of total imports. The second position in the ranking was taken by Japan, with a 7.1% share of total imports. It was followed by South Korea, with a 4.3% share.

What are the leading importers of fishing rods and other line fishing tackle from the U.S.?

In value terms, Canada remains the key foreign market for fishing rod exports from the United States, comprising 44% of total exports. The second position in the ranking was taken by Poland, with a 5.9% share of total exports. It was followed by Costa Rica, with a 4.7% share.

What is the average export price for fishing rods and other line fishing tackle in the U.S.?

The average fishing rod export price stood at $26,745 per ton in 2021, dropping by -7.1% against the previous year.

What is the average import price for fishing rods and other line fishing tackle in the U.S.?

In 2021, the average fishing rod import price amounted to $26,439 per ton, reducing by -2.7% against the previous year.

This report provides an in-depth analysis of the fishing rod market in the U.S.. 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.

Product coverage:

• Prodcom 32301600 - Fishing rods, other line fishing tackle, articles for hunting or fishing n.e.c.

Country coverage:

• United States

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in the U.S.

• Export and import prices

• Market trends, drivers and restraints

• Key market players and their profiles

Reasons to buy this report:

• Take advantage of the latest data

• Find deeper insights into current market developments

• Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1

REPORT DESCRIPTION

1.2

RESEARCH METHODOLOGY AND AI PLATFORM

1.3

DATA-DRIVEN DECISIONS FOR YOUR BUSINESS

1.4

REPORT DESCRIPTION

2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance