Fishing Rods Price in Myanmar - 2022
Contents:
- Fishing Rods Price in Myanmar (FOB) - 2022
- Fishing Rods Price in Myanmar (CIF) - 2022
- Fishing Rods Exports in Myanmar
- Fishing Rods Imports in Myanmar
Fishing Rods Price in Myanmar (FOB) - 2022
The average fishing rods export price stood at $72,182 per ton in 2022, shrinking by -21% against the previous year. In general, the export price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2018 an increase of 30% against the previous year. Over the period under review, the average export prices attained the maximum at $91,351 per ton in 2021, and then declined markedly in the following year.
As there is only one major export destination, the average price level is determined by prices for Belgium.
From 2012 to 2022, the rate of growth in terms of prices for Japan amounted to +4.7% per year.
Fishing Rods Price in Myanmar (CIF) - 2022
In 2022, the average fishing rods import price amounted to $492,909 per ton, rising by 599% against the previous year. Over the period under review, the import price showed prominent growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2014 to 2022, the rate of growth in terms of prices for Japan amounted to -4.1% per year.
Fishing Rods Exports in Myanmar
In 2022, overseas shipments of fishing rodses decreased by -99.8% to 2 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a precipitous contraction. The most prominent rate of growth was recorded in 2020 with an increase of 82% against the previous year. As a result, the exports reached the peak of 1.5 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, fishing rods exports shrank dramatically to $130 in 2022. Over the period under review, exports showed a sharp contraction. The pace of growth appeared the most rapid in 2020 with an increase of 68%. As a result, the exports attained the peak of $116K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Fishing Rods in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 0.1 | 0% |
| United States | N/A | N/A | 8.4 | N/A | 0% |
| Japan | 69.2 | 116 | 95.6 | N/A | 17.5% |
| Others | N/A | 0.7 | 0.5 | N/A | -28.6% |
| Total | 69.2 | 116 | 105 | 0.1 | -88.7% |
Top Export Markets for Fishing Rods from Myanmar in 2022:
- Belgium (2.0 kg)
Fishing Rods Imports in Myanmar
Fishing rods imports into Myanmar dropped remarkably to 8 kg in 2022, with a decrease of -57.9% compared with the previous year. Over the period under review, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year.
In value terms, fishing rods imports soared to $3.7K in 2022. Overall, imports continue to indicate a sharp curtailment.
| Import of Fishing Rods in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.6 | 0.2 | N/A | 3.7 | 83.4% |
| South Korea | 36.8 | N/A | N/A | N/A | 0% |
| Japan | 2.2 | 1.0 | 1.2 | N/A | -26.1% |
| Others | 0.5 | 0.8 | 0.1 | N/A | -55.3% |
| Total | 40.0 | 2.0 | 1.3 | 3.7 | -54.8% |
Top Suppliers of Fishing Rods to Myanmar in 2022:
- China (7.0 kg)
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