Fishing Rods Price in Japan - 2023
Contents:
- Fishing Rods Price in Japan (CIF) - 2022
- Fishing Rods Price in Japan (FOB) - 2022
- Fishing Rods Imports in Japan
- Fishing Rods Exports in Japan
Fishing Rods Price in Japan (CIF) - 2022
The average fishing rods import price stood at $102,312 per ton in 2022, growing by 17% against the previous year. Overall, the import price continues to indicate a modest expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($989,543 per ton), while the price for Vietnam ($83,285 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+19.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Fishing Rods Price in Japan (FOB) - 2022
In 2022, the average fishing rods export price amounted to $72,365 per ton, waning by -12.5% against the previous year. Over the period under review, export price indicated pronounced growth 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. The most prominent rate of growth was recorded in 2017 an increase of 98%. The export price peaked at $82,709 per ton in 2021, and then contracted in the following year.
Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Vietnam ($72,196 per ton) and Russia ($72,196 per ton), while the average price for exports to Macao SAR ($72,196 per ton) and France ($72,196 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Rods Imports in Japan
After three years of growth, supplies from abroad of fishing rodses decreased by -13.5% to 2.1K tons in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.1% 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 +29.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports attained the peak of 2.4K tons, and then dropped in the following year.
In value terms, fishing rods imports stood at $211M in 2022. Over the period under review, total imports indicated a prominent expansion from 2019 to 2022: its value 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 +42.1% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 41% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Import of Fishing Rods in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 100 | 101 | 151 | 150 | 14.5% |
| Vietnam | 18.9 | 17.3 | 26.7 | 31.1 | 18.1% |
| Indonesia | 17.5 | 18.3 | 21.7 | 20.7 | 5.8% |
| Others | 16.8 | 11.9 | 9.3 | 9.1 | -18.5% |
| Total | 153 | 149 | 209 | 211 | 11.3% |
Top Suppliers of Fishing Rods to Japan in 2022:
- China (1489.4 tons)
- Vietnam (373.9 tons)
- Indonesia (175.4 tons)
Fishing Rods Exports in Japan
In 2022, approx. 867 tons of fishing rodses were exported from Japan; jumping by 22% against 2021. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 24%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, fishing rods exports rose remarkably to $63M in 2022. The total export value increased at an average annual rate of +13.5% over the period 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 with an increase of 21%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.
| Export of Fishing Rods in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.0 | 19.3 | 22.6 | 23.7 | 25.5% |
| Hong Kong SAR | 6.2 | 7.8 | 7.9 | 11.9 | 24.3% |
| South Korea | 6.5 | 6.9 | 7.5 | 7.0 | 2.5% |
| Taiwan (Chinese) | 4.0 | 4.5 | 5.1 | 5.6 | 11.9% |
| Singapore | 1.7 | 1.9 | 2.1 | 2.1 | 7.3% |
| Thailand | 3.1 | 2.4 | 1.7 | 1.8 | -16.6% |
| France | 1.6 | 1.5 | 1.9 | 1.6 | 0.0% |
| Indonesia | 0.9 | 0.4 | 2.0 | 1.3 | 13.0% |
| Vietnam | 0.6 | 0.6 | 1.1 | 1.3 | 29.4% |
| Russia | 1.3 | 1.1 | 1.1 | 1.1 | -5.4% |
| Macao SAR | 0.4 | 0.4 | 0.3 | 1.0 | 35.7% |
| United States | 0.8 | 0.8 | 1.1 | 0.6 | -9.1% |
| Others | 3.9 | 4.1 | 4.3 | 3.8 | -0.9% |
| Total | 42.9 | 51.9 | 58.6 | 62.8 | 13.5% |
Top Export Markets for Fishing Rods from Japan in 2022:
- China (328.0 tons)
- Hong Kong SAR (164.5 tons)
- South Korea (97.6 tons)
- Taiwan (Chinese) (77.3 tons)
- Singapore (29.2 tons)
- Thailand (24.7 tons)
- France (22.0 tons)
- Vietnam (18.7 tons)
- Indonesia (18.0 tons)
- Russia (15.2 tons)
- Macao SAR (13.4 tons)
- United States (7.9 tons)
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This report provides an in-depth analysis of the fishing rod market in Japan.
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This report provides an in-depth analysis of the fishing rod market in Japan.
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