Fishing Rods Price in New Zealand - 2023

Contents:

  1. Fishing Rods Price in New Zealand (CIF) - 2022
  2. Fishing Rods Price in New Zealand (FOB) - 2022
  3. Fishing Rods Imports in New Zealand
  4. Fishing Rods Exports in New Zealand

Fishing Rods Price in New Zealand (CIF) - 2022

In 2022, the average fishing rods import price amounted to $58,066 per ton, dropping by -9.8% against the previous year. In general, the import price, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 43% against the previous year. The import price peaked at $64,349 per ton in 2021, and then fell in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Vietnam ($58,066 per ton) and the United States ($58,066 per ton), while the price for China ($58,066 per ton) and South Korea ($58,066 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Rods Price in New Zealand (FOB) - 2022

In 2022, the average fishing rods export price amounted to $72,196 per ton, growing by 27% against the previous year. Overall, the export price, however, recorded a slight setback. The pace of growth was the most pronounced in 2015 an increase of 41%. The export price peaked at $136,674 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to French Polynesia ($72,196 per ton) and Australia ($72,196 per ton), while the average price for exports to New Caledonia ($72,196 per ton) and the UK ($72,196 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to French Polynesia (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in New Zealand

In 2022, the amount of fishing rodses imported into New Zealand surged to 143 tons, with an increase of 23% compared with the previous year's figure. Over the period under review, imports posted resilient growth. The growth pace was the most rapid in 2021 with an increase of 80%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, fishing rods imports expanded notably to $8.3M in 2022. In general, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 108%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Import of Fishing Rods in New Zealand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.92.86.06.518.6%
Vietnam0.10.10.30.681.7%
United States0.20.40.60.426.0%
South KoreaN/A0.10.20.373.2%
Indonesia0.1N/A0.10.226.0%
Others0.30.20.30.30.0%
Total4.63.67.58.321.7%

Top Suppliers of Fishing Rods to New Zealand in 2022:

  1. China (111.4 tons)
  2. Vietnam (10.7 tons)
  3. United States (7.6 tons)
  4. South Korea (4.9 tons)
  5. Indonesia (2.8 tons)

Fishing Rods Exports in New Zealand

After three years of growth, shipments abroad of fishing rodses decreased by -34% to 9.8 tons in 2022. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 108% against the previous year.

In value terms, fishing rods exports contracted rapidly to $705K in 2022. In general, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 79% against the previous year.

Export of Fishing Rods in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States77.590.517318734.1%
French Polynesia95.023618515818.5%
Japan15.327.817.383.876.3%
Australia83.114560.763.9-8.4%
New Caledonia35.787.787.532.9-2.7%
Germany61.537.841.832.1-19.5%
South Africa3.821.416.324.786.6%
NorwayN/A1.9N/A21.1233.2%
United Kingdom3.04.89.015.874.0%
Austria13.521.117.512.4-2.8%
RussiaN/A39.0N/AN/A0%
Others73.511523372.9-0.3%
Total46282884070515.1%

Top Export Markets for Fishing Rods from New Zealand in 2022:

  1. United States (2595.0 kg)
  2. French Polynesia (2185.0 kg)
  3. Japan (1161.0 kg)
  4. Australia (885.0 kg)
  5. New Caledonia (456.0 kg)
  6. Germany (445.0 kg)
  7. South Africa (342.0 kg)
  8. Norway (292.0 kg)
  9. United Kingdom (219.0 kg)
  10. Austria (171.0 kg)

Source: IndexBox Market Intelligence Platform

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