Fishing Rods Price in the UK - 2023

Contents:

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

Fishing Rods Price in the UK (CIF) - 2022

The average fishing rods import price stood at $33,210 per ton in 2022, which is down by -19.3% against the previous year. In general, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2018 an increase of 18% against the previous year. As a result, import price attained the peak level of $43,983 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($112,034 per ton), while the price for China ($29,021 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Rods Price in the UK (FOB) - 2022

In 2022, the average fishing rods export price amounted to $80,643 per ton, which is down by -5.1% against the previous year. Over the period under review, export price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.3% 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 decreased by -11.7% against 2020 indices. The pace of growth was the most pronounced in 2019 an increase of 28%. The export price peaked at $91,351 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($239,820 per ton), while the average price for exports to China ($19,624 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 Finland (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in the UK

Fishing rods imports into the UK rose sharply to 882 tons in 2022, with an increase of 15% compared with the year before. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, fishing rods imports dropped to $29M in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +13.2% 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 +54.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 67%. As a result, imports attained the peak of $32M, and then shrank in the following year.

Top Suppliers of Fishing Rods to the UK in 2022:

1. China (820.8 tons)
2. South Korea (24.2 tons)

Fishing Rods Exports in the UK

In 2022, overseas shipments of fishing rodses increased by 5.7% to 77 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt contraction.

In value terms, fishing rods exports stood at $6.2M in 2022. Over the period under review, exports, however, faced a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, the exports attained the peak of $9.6M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Top Export Markets for Fishing Rods from the UK in 2022:

1. Netherlands (25.0 tons)
2. Poland (13.9 tons)
3. Germany (6.3 tons)
4. Belgium (4.7 tons)
5. Ireland (3.8 tons)
6. China (3.6 tons)
7. Hungary (3.0 tons)
8. Czech Republic (2.4 tons)
9. United States (2.3 tons)
10. France (1.8 tons)
11. Italy (1.6 tons)
12. Sweden (1.6 tons)
13. Austria (0.8 tons)

Source: IndexBox Market Intelligence Platform