Fishing Rods Price in Brazil - 2023

Contents:

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

Fishing Rods Price in Brazil (CIF) - 2022

In 2022, the average fishing rods import price amounted to $9,732 per ton, jumping by 17% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 25%. The import price peaked at $11,305 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Paraguay ($32,990 per ton), while the price for China ($8,137 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Fishing Rods Price in Brazil (FOB) - 2022

In 2022, the average fishing rods export price amounted to $37,770 per ton, falling by -24.2% against the previous year. Over the period under review, the export price recorded a pronounced slump. The pace of growth was the most pronounced in 2014 an increase of 242%. As a result, the export price attained the peak level of $107,605 per ton. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($61,606 per ton), while the average price for exports to Marshall Islands ($7,125 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Marshall Islands (+3.4%), while the prices for the other major destinations experienced a decline.

Fishing Rods Imports in Brazil

In 2022, after three years of growth, there was significant decline in overseas purchases of fishing rodses, when their volume decreased by -8.5% to 519 tons. The total import volume increased at an average annual rate of +6.6% over the period from 2019 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 29% against the previous year. As a result, imports reached the peak of 567 tons, and then declined in the following year.

In value terms, fishing rods imports rose notably to $5M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 35% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Fishing Rods in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.82.93.93.911.7%
Paraguay0.40.50.60.720.5%
Hong Kong SAR0.1N/A0.10.10.0%
OthersN/AN/A0.20.350.0%
Total3.33.54.75.014.9%

Top Suppliers of Fishing Rods to Brazil in 2022:

  1. China (478.9 tons)
  2. Paraguay (22.4 tons)
  3. Hong Kong SAR (9.0 tons)

Fishing Rods Exports in Brazil

In 2022, approx. 674 kg of fishing rodses were exported from Brazil; dropping by -20.8% on the previous year's figure. In general, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 2,645% against the previous year. As a result, the exports attained the peak of 851 kg, and then contracted markedly in the following year.

In value terms, fishing rods exports dropped sharply to $25K in 2022. Overall, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,769%. As a result, the exports attained the peak of $42K, and then reduced notably in the following year.

Export of Fishing Rods in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/A31.713.6-57.1%
United StatesN/AN/A8.78.5-2.3%
Paraguay0.80.10.70.80.0%
Liberia0.1N/A0.30.681.7%
PanamaN/A0.50.30.50.0%
CyprusN/A0.4N/A0.3-13.4%
Marshall Islands0.4N/AN/A0.1-37.0%
Suriname2.9N/AN/AN/A0%
Others0.90.10.71.16.9%
Total5.21.142.425.569.9%

Top Export Markets for Fishing Rods from Brazil in 2022:

  1. Argentina (365.0 kg)
  2. United States (137.0 kg)
  3. Paraguay (77.0 kg)
  4. Liberia (31.0 kg)
  5. Cyprus (19.0 kg)
  6. Marshall Islands (16.0 kg)
  7. Panama (13.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Fishing rods - Brazil