Fishing Rods Price in Colombia - 2022

Contents:

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

Fishing Rods Price in Colombia (CIF) - 2022

In 2022, the average fishing rods import price amounted to $11,709 per ton, shrinking by -4.1% against the previous year. In general, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fishing rods import price increased by +49.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 40%. The import price peaked at $12,214 per ton in 2021, and then declined modestly in the following year.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +3.9% per year.

Fishing Rods Price in Colombia (FOB) - 2022

The average fishing rods export price stood at $11,800 per ton in 2022, dropping by -29.3% against the previous year. Over the period under review, the export price showed a abrupt setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 79%. The export price peaked at $54,885 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($109,357 per ton), while the average price for exports to Costa Rica ($4,390 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 Chile (+13.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in Colombia

In 2022, fishing rods imports into Colombia contracted dramatically to 19 tons, falling by -16.5% on the year before. In general, imports saw a significant contraction. The pace of growth was the most pronounced in 2021 when imports increased by 50% against the previous year.

In value terms, fishing rods imports shrank significantly to $223K in 2022. Over the period under review, imports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 66% against the previous year.

Top Suppliers of Fishing Rods to Colombia in 2022:

1. China (18.5 tons)

Fishing Rods Exports in Colombia

In 2022, approx. 42 kg of fishing rodses were exported from Colombia; growing by 20% compared with 2021. The total export volume increased at an average annual rate of +10.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 39%. As a result, the exports attained the peak of 43 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, fishing rods exports dropped rapidly to $490 in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +17.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 46% against the previous year. As a result, the exports attained the peak of $582, and then dropped sharply in the following year.

Top Export Markets for Fishing Rods from Colombia in 2022:

1. Costa Rica (29.0 kg)
2. Honduras (3.0 kg)
3. Canada (2.0 kg)
4. Dominican Republic (2.0 kg)
5. Venezuela (2.0 kg)
6. Chile (1.0 kg)
7. Ecuador (1.0 kg)

Source: IndexBox Market Intelligence Platform