Fishing Rods Price in Angola - 2022

Contents:

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

Fishing Rods Price in Angola (CIF) - 2022

The average fishing rods import price stood at $3,714 per ton in 2022, reducing by -68.5% against the previous year. In general, the import price recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by 72%. The import price peaked at $12,307 per ton in 2014; however, from 2015 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 South Africa ($43,124 per ton), while the price for Belgium ($2,149 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+6.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Rods Price in Angola (FOB) - 2022

The average fishing rods export price stood at $10,763 per ton in 2022, with an increase of 100% against the previous year. In general, the export price, however, continues to indicate a abrupt contraction. The export price peaked at $41,063 per ton in 2012; however, from 2013 to 2022, the export prices remained at a 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 France ($18,917 per ton), while the average price for exports to Portugal totaled $8,042 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (-5.7%).

Fishing Rods Imports in Angola

In 2022, fishing rods imports into Angola skyrocketed to 11 tons, picking up by 100% compared with the previous year. In general, imports posted a strong expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 228% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, fishing rods imports shrank markedly to $42K in 2022. Overall, imports, however, saw a perceptible curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 290% against the previous year. As a result, imports reached the peak of $66K, and then dropped dramatically in the following year.

Import of Fishing Rods in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.40.20.219.378.4%
United KingdomN/AN/A3.38.3151.5%
Portugal8.610.452.74.7-18.2%
Namibia13.20.51.03.0-39.0%
United States3.31.51.21.2-28.6%
United Arab Emirates0.50.62.11.026.0%
Belgium0.81.11.60.94.0%
Others14.62.54.23.1-40.3%
Total44.417.066.141.6-2.1%

Top Suppliers of Fishing Rods to Angola in 2022:

  1. China (8.4 tons)
  2. United Kingdom (0.8 tons)
  3. United Arab Emirates (0.4 tons)
  4. Namibia (0.4 tons)
  5. Belgium (0.4 tons)
  6. United States (0.3 tons)
  7. Portugal (0.3 tons)

Fishing Rods Exports in Angola

For the third consecutive year, Angola recorded decline in overseas shipments of fishing rodses, which decreased by -8.1% to 228 kg in 2022. In general, exports continue to indicate a sharp decline.

In value terms, fishing rods exports soared to $2.5K in 2022. Over the period under review, exports saw a sharp downturn.

Export of Fishing Rods in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal1.91.90.61.4-9.7%
France8.20.8N/A0.9-52.1%
RussiaN/AN/AN/AN/A0%
Central African Republic1.0N/AN/AN/A0%
Tanzania0.3N/AN/AN/A0%
South AfricaN/AN/A0.1N/A0%
Cote d'IvoireN/AN/A0.2N/A0%
Others0.10.80.40.226.0%
Total11.63.61.32.5-40.0%

Top Export Markets for Fishing Rods from Angola in 2022:

  1. Portugal (171.0 kg)
  2. France (48.0 kg)
  3. South Africa (3.0 kg)

Source: IndexBox Market Intelligence Platform

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