Fishing Rods Price in Pakistan - 2023
Contents:
- Fishing Rods Price in Pakistan (CIF) - 2022
- Fishing Rods Price in Pakistan (FOB) - 2022
- Fishing Rods Imports in Pakistan
- Fishing Rods Exports in Pakistan
Fishing Rods Price in Pakistan (CIF) - 2022
In 2022, the average fishing rods import price amounted to $62,308 per ton, growing by 1.5% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fishing rods import price decreased by -3.8% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 57% against the previous year. The import price peaked at $64,767 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($79,144 per ton), while the price for the United States ($19,845 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Fishing Rods Price in Pakistan (FOB) - 2022
The average fishing rods export price stood at $592,737 per ton in 2022, falling by -11.3% against the previous year. Over the period under review, the export price, however, showed strong growth. The most prominent rate of growth was recorded in 2021 when the average export price increased by 475%. As a result, the export price reached the peak level of $668,218 per ton, and then reduced in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($1,782,052 per ton), while the average price for exports to the United Arab Emirates ($155,711 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 South Africa (+33.0%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Rods Imports in Pakistan
In 2022, approx. 173 kg of fishing rodses were imported into Pakistan; surging by 57% on the previous year's figure. Over the period under review, imports, however, showed a deep contraction.
In value terms, fishing rods imports skyrocketed to $11K in 2022. In general, imports, however, saw a perceptible reduction.
| Import of Fishing Rods in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.6 | 1.1 | 3.3 | 5.9 | 114.2% |
| China | 9.8 | 3.0 | 2.0 | 3.8 | -27.1% |
| United Arab Emirates | 0.2 | 0.2 | 0.3 | 0.5 | 35.7% |
| Germany | 0.8 | 0.3 | N/A | 0.3 | -27.9% |
| Hong Kong SAR | 0.4 | N/A | 0.1 | 0.2 | -20.6% |
| United States | 0.1 | 0.1 | N/A | 0.1 | 0.0% |
| Thailand | 0.3 | 0.1 | N/A | 0.1 | -30.7% |
| Others | 0.1 | N/A | 1.0 | N/A | 216.2% |
| Total | 12.2 | 4.8 | 6.8 | 10.8 | -4.0% |
Top Suppliers of Fishing Rods to Pakistan in 2022:
- United Kingdom (74.0 kg)
- China (74.0 kg)
- United Arab Emirates (10.0 kg)
- Germany (4.0 kg)
- Hong Kong SAR (4.0 kg)
- United States (3.0 kg)
- Thailand (2.0 kg)
Fishing Rods Exports in Pakistan
In 2022, shipments abroad of fishing rodses decreased by -4% to 72 kg, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a noticeable setback. The growth pace was the most rapid in 2020 with an increase of 265% against the previous year. As a result, the exports attained the peak of 303 kg. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, fishing rods exports contracted to $43K in 2022. Overall, exports, however, posted a significant increase. The growth pace was the most rapid in 2020 when exports increased by 72%.
| Export of Fishing Rods in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 9.6 | 2.2 | 11.1 | 14.6 | 15.0% |
| Switzerland | 2.4 | 9.4 | 9.5 | 11.4 | 68.1% |
| United Kingdom | 1.8 | 4.3 | 3.6 | 4.4 | 34.7% |
| United Arab Emirates | 1.4 | 3.7 | 2.3 | 2.8 | 26.0% |
| South Korea | 1.1 | 1.9 | 1.3 | 1.7 | 15.6% |
| Norway | 0.3 | 0.3 | 1.3 | 1.4 | 67.1% |
| Mauritius | N/A | N/A | N/A | 1.3 | 0% |
| South Africa | 0.8 | 2.0 | 0.6 | 0.9 | 4.0% |
| Poland | N/A | N/A | N/A | 0.9 | 0% |
| Germany | N/A | N/A | N/A | 0.7 | 0% |
| Belgium | N/A | N/A | 7.1 | N/A | 0% |
| Democratic Republic of the Congo | N/A | 7.7 | N/A | N/A | 0% |
| Others | 3.2 | 3.8 | 13.0 | 2.4 | -9.1% |
| Total | 20.5 | 35.3 | 50.0 | 42.6 | 27.6% |
Top Export Markets for Fishing Rods from Pakistan in 2022:
- United Arab Emirates (18.0 kg)
- United States (18.0 kg)
- Switzerland (6.0 kg)
- Mauritius (5.0 kg)
- United Kingdom (4.0 kg)
- South Africa (3.0 kg)
- South Korea (3.0 kg)
- Poland (2.0 kg)
- Germany (2.0 kg)
- Norway (2.0 kg)
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This report provides an in-depth analysis of the fishing rod market in Pakistan.
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This report provides an in-depth analysis of the global fishing rod market.
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This report provides an in-depth analysis of the fishing rod market in Pakistan.
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This report provides an in-depth analysis of the global fishing rod market.
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