Fishing Rods Price in Kenya - 2021

Contents:

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

Fishing Rods Price in Kenya (CIF) - 2022

In 2022, the average fishing rods import price amounted to $26,991 per ton, dropping by -9.9% against the previous year. In general, the import price continues to indicate a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of 118% against the previous year. Over the period under review, average import prices attained the peak figure at $66,027 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($124,606 per ton), while the price for France ($3,341 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (+13.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Fishing Rods Price in Kenya (FOB) - 2022

In 2022, the average fishing rods export price amounted to $70,108 per ton, dropping by -19.6% against the previous year. Over the period under review, export price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +2.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fishing rods export price increased by +87.4% against 2020 indices. The growth pace was the most rapid in 2021 an increase of 133% against the previous year. As a result, the export price reached the peak level of $87,158 per ton, and then declined dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($933,270 per ton), while the average price for exports to Rwanda ($120 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 Sweden (+21.3%), while the prices for the other major destinations experienced a decline.

Fishing Rods Imports in Kenya

In 2022, the amount of fishing rodses imported into Kenya contracted dramatically to 379 kg, with a decrease of -30.1% compared with the previous year's figure. In general, imports, however, recorded tangible growth. The most prominent rate of growth was recorded in 2021 with an increase of 149%. As a result, imports attained the peak of 542 kg, and then fell notably in the following year.

In value terms, fishing rods imports shrank dramatically to $10K in 2022. Over the period under review, imports, however, showed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 288% against the previous year. As a result, imports reached the peak of $16K, and then contracted sharply in the following year.

Import of Fishing Rods in Kenya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.71.86.74.1-4.5%
MauritiusN/AN/A7.22.6-63.9%
NetherlandsN/AN/A0.22.51150.0%
United States0.40.50.80.40.0%
United KingdomN/A0.40.60.3-13.4%
South Africa0.40.40.10.1-37.0%
France0.20.20.20.1-20.6%
United Arab Emirates0.20.2N/AN/A0.0%
Others0.40.70.50.2-20.6%
Total6.24.216.310.218.1%

Top Suppliers of Fishing Rods to Kenya in 2022:

  1. China (235.0 kg)
  2. Mauritius (52.0 kg)
  3. France (27.0 kg)
  4. Netherlands (20.0 kg)
  5. United States (16.0 kg)
  6. South Africa (12.0 kg)
  7. United Kingdom (6.0 kg)
  8. United Arab Emirates (4.0 kg)

Fishing Rods Exports in Kenya

In 2022, after three years of growth, there was significant decline in overseas shipments of fishing rodses, when their volume decreased by -20% to 16 kg. Overall, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 67%. As a result, the exports attained the peak of 20 kg, and then dropped significantly in the following year.

In value terms, fishing rods exports fell notably to $1.1K in 2022. In general, exports, however, saw strong growth. The most prominent rate of growth was recorded in 2021 when exports increased by 290% against the previous year. As a result, the exports attained the peak of $1.8K, and then dropped significantly in the following year.

Export of Fishing Rods in Kenya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2002621,38298570.1%
South Africa74.037.039.028.0-27.7%
FinlandN/AN/AN/A3.00%
Rwanda1.0N/AN/AN/A0%
Democratic Republic of the Congo40737.0N/AN/A-90.9%
FranceN/AN/A221N/A0%
TanzaniaN/AN/AN/AN/A0%
Others197122142105-18.9%
Total8794581,7841,1218.4%

Top Export Markets for Fishing Rods from Kenya in 2022:

  1. United States (11.0 kg)
  2. South Africa (3.0 kg)
  3. Rwanda (1.0 kg)
  4. Finland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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