Fishing Rods Price in Mexico - 2023

Fishing Rods Price in Mexico (CIF) - 2022

In 2022, the average fishing rods import price amounted to $58,066 per ton, waning by -6.6% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The growth pace was the most rapid in 2021 an increase of 7.6% against the previous year. As a result, import price attained the peak level of $62,157 per ton, and then reduced 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 Vietnam ($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 Vietnam (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Rods Price in Mexico (FOB) - 2022

The average fishing rods export price stood at $72,196 per ton in 2022, surging by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.0%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 20% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +4.1% per year.

Fishing Rods Imports in Mexico

In 2022, fishing rods imports into Mexico surged to 38 tons, with an increase of 64% on the year before. Overall, imports posted prominent growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fishing rods imports skyrocketed to $2.2M in 2022. In general, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fishing Rods in Mexico (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	1,131	828	1,396	2,078	22.5%
Vietnam	47.8	49.1	1.5	65.1	10.8%
United States	99.8	59.0	48.0	61.3	-15.0%
Others	7.8	36.9	N/A	4.4	-17.4%
Total	1,287	973	1,445	2,209	19.7%

Top Suppliers of Fishing Rods to Mexico in 2022:

China (35.8 tons)
United States (1.1 tons)
Vietnam (1.1 tons)

Fishing Rods Exports in Mexico

In 2022, overseas shipments of fishing rodses decreased by -87.5% to 24 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a dramatic slump. The most prominent rate of growth was recorded in 2020 when exports increased by 1.3%.

In value terms, fishing rods exports fell dramatically to $1.7M in 2022. In general, exports faced a dramatic decline. The pace of growth was the most pronounced in 2020 when exports increased by 10% against the previous year.