Fishing Rods Price in South Africa - 2023
Contents:
- Fishing Rods Price in South Africa (CIF) - 2022
- Fishing Rods Price in South Africa (FOB) - 2022
- Fishing Rods Imports in South Africa
- Fishing Rods Exports in South Africa
Fishing Rods Price in South Africa (CIF) - 2022
In 2022, the average fishing rods import price amounted to $57,937 per ton, which is down by -10% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 16% against the previous year. As a result, import price attained the peak level of $64,363 per ton, and then fell in the following year.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($58,066 per ton), while the price for China ($58,066 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+18.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Fishing Rods Price in South Africa (FOB) - 2022
In 2022, the average fishing rods export price amounted to $102,806 per ton, jumping by 91% against the previous year. Overall, the export price recorded a strong expansion. The pace of growth appeared the most rapid in 2015 an increase of 94%. As a result, the export price reached the peak level of $139,147 per ton. From 2016 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 Arab Emirates ($199,160 per ton), while the average price for exports to Qatar ($72,196 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 Egypt (+64.8%), while the prices for the other major destinations experienced a decline.
Fishing Rods Imports in South Africa
Fishing rods imports into South Africa surged to 111 tons in 2022, picking up by 44% against 2021. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +11.3% 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 +77.9% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, fishing rods imports surged to $6.4M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 43% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Fishing Rods in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 3.1 | 4.3 | 5.8 | 14.1% |
| United States | 0.2 | 0.2 | 0.3 | 0.3 | 14.5% |
| Others | 0.3 | 0.2 | 0.4 | 0.3 | 0.0% |
| Total | 4.3 | 3.5 | 5.0 | 6.4 | 14.2% |
Top Suppliers of Fishing Rods to South Africa in 2022:
- China (99.2 tons)
- United States (5.6 tons)
Fishing Rods Exports in South Africa
After three years of growth, overseas shipments of fishing rodses decreased by -24.5% to 13 tons in 2022. Over the period under review, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 168% against the previous year. As a result, the exports attained the peak of 17 tons, and then shrank rapidly in the following year.
In value terms, fishing rods exports skyrocketed to $1.3M in 2022. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 118%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.
| Export of Fishing Rods in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 16.7 | 54.4 | 13.0 | 608 | 231.4% |
| Namibia | 191 | 177 | 220 | 186 | -0.9% |
| Australia | 1.9 | 3.1 | 11.2 | 116 | 293.8% |
| Qatar | 36.2 | 12.2 | 466 | 88.1 | 34.5% |
| Mauritius | 72.2 | 62.6 | 42.4 | 86.4 | 6.2% |
| Botswana | 5.0 | 19.7 | 24.0 | 43.9 | 106.3% |
| Zimbabwe | 0.2 | 16.3 | 4.3 | 35.9 | 464.1% |
| Kuwait | N/A | N/A | 45.0 | 5.9 | -86.9% |
| Others | 85.3 | 70.0 | 78.8 | 132 | 15.7% |
| Total | 409 | 415 | 904 | 1,302 | 47.1% |
Top Export Markets for Fishing Rods from South Africa in 2022:
- United Arab Emirates (3.1 tons)
- Namibia (2.6 tons)
- Australia (1.6 tons)
- Qatar (1.2 tons)
- Mauritius (1.2 tons)
- Botswana (0.6 tons)
- Zimbabwe (0.5 tons)
- Kuwait (0.1 tons)
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This report provides an in-depth analysis of the fishing rod market in South Africa.
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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 South Africa.
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This report provides an in-depth analysis of the global fishing rod market.
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In 2016, the global fishing rod imports totaled X tons, approximately reflecting the previous year level. In general, fishing rod imports continue to indicate a relatively flat trend pattern. The...
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In 2016, the global fishing rod imports totaled X tons, approximately reflecting the previous year level. In general, fishing rod imports continue to indicate a relatively flat trend pattern. The...
