Global Fishing Rod Market 2024

Fishing Rod Market Size

The global fishing rod market expanded markedly to $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Fishing Rod Production

In value terms, fishing rod production shrank slightly to $X in 2022 estimated in export price. Overall, production saw a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X%. Global production peaked at $X in 2019; afterwards, it flattened through to 2022.

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Fishing Rod Exports

Exports

After six years of growth, overseas shipments of fishing rods and other line fishing tackle decreased by X% to X units in 2022. The total export volume increased at an average annual rate of X% 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 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then contracted in the following year.

In value terms, fishing rod exports reduced to $X in 2022. In general, total exports indicated a moderate 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, exports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

China prevails in exports structure, amounting to X units, which was near X% of total exports in 2022. Japan (X units), South Korea (X units), the Netherlands (X units) and Vietnam (X units) held a relatively small share of total exports.

Exports from China increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%), Vietnam (X%) and Japan (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of X% from 2012-2022. South Korea experienced a relatively flat trend pattern. While the share of China (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest fishing rod supplier worldwide, comprising X% of global exports. The second position in the ranking was held by Japan ($X), with an X% share of global exports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value in China stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Japan (X% per year) and Vietnam (X% per year).

Export Prices by Country

In 2022, the average fishing rod export price amounted to $X per unit, remaining stable against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Japan ($X per unit), while China ($X per unit) was amongst the lowest.

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

Fishing Rod Imports

Imports

In 2022, approx. X units of fishing rods and other line fishing tackle were imported worldwide; picking up by X% on 2021 figures. Overall, total imports indicated a remarkable increase from 2012 to 2022: its volume 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, imports increased by X% against 2016 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, global imports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, fishing rod imports shrank modestly to $X in 2022. Over the period under review, total imports indicated strong growth 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, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell slightly in the following year.

Imports by Country

In 2022, the United States (X units), distantly followed by French Polynesia (X units), Japan (X units), Indonesia (X units) and South Korea (X units) represented the largest importers of fishing rods and other line fishing tackle, together mixing up X% of total imports. The following importers - Thailand (X units), the UK (X units), Russia (X units), France (X units), Germany (X units), the Netherlands (X units) and Poland (X units) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to fishing rod imports into the United States stood at X%. At the same time, French Polynesia (X%), Thailand (X%), Indonesia (X%), South Korea (X%), Poland (X%), Japan (X%), the Netherlands (X%) and the UK (X%) displayed positive paces of growth. Moreover, French Polynesia emerged as the fastest-growing importer imported in the world, with a CAGR of X% from 2012-2022. France experienced a relatively flat trend pattern. By contrast, Germany (X%) and Russia (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of French Polynesia, the United States, Thailand, Indonesia and South Korea increased by X, X, X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported fishing rods and other line fishing tackle worldwide, comprising X% of global imports. The second position in the ranking was taken by Japan ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In the United States, fishing rod imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

In 2022, the average fishing rod import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by X%. Over the period under review, average import prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

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

Source: IndexBox Platform

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