Report Update Nov 1, 2024

Ecuador - Fishing Rods and Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends and Insights

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Ecuador: Fishing Rod Market 2024

Fishing Rod Market Size in Ecuador

The Ecuadorian fishing rod market soared to $X in 2021, increasing by 82% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate a tangible expansion. Fishing rod consumption peaked at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Fishing Rod Exports

Exports from Ecuador

In 2021, shipments abroad of fishing rods and other line fishing tackle decreased by -94% to X kg for the first time since 2017, thus ending a three-year rising trend. In general, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2020 with an increase of 235%. As a result, the exports reached the peak of X tons, and then fell remarkably in the following year.

In value terms, fishing rod exports plummeted to $X in 2021. Overall, exports saw a deep downturn. The growth pace was the most rapid in 2020 with an increase of 247%. Over the period under review, the exports reached the maximum at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Chile (X kg), Panama (X kg) and Spain (X kg) were the main destinations of fishing rod exports from Ecuador, with a combined 91% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Chile (with a CAGR of 0.0%), while shipments for the other leaders experienced a decline.

In value terms, Chile ($X) emerged as the key foreign market for fishing rods and other line fishing tackle exports from Ecuador, comprising 46% of total exports. The second position in the ranking was taken by Panama ($X), with a 21% share of total exports. It was followed by Spain, with a 6.4% share.

From 2012 to 2021, the average annual growth rate of value to Chile was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Panama (-84.5% per year) and Spain (-29.0% per year).

Export Prices by Country

The average fishing rod export price stood at $X per ton in 2021, with an increase of 166% against the previous year. Over the period under review, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2016 an increase of 339% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Chile ($X per ton), while the average price for exports to Costa Rica ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+5.9%), while the prices for the other major destinations experienced a decline.

Fishing Rod Imports

Imports into Ecuador

In 2021, approx. X tons of fishing rods and other line fishing tackle were imported into Ecuador; growing by 116% against the year before. Over the period under review, imports recorded a prominent expansion. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, fishing rod imports soared to $X in 2021. In general, imports recorded perceptible growth. Imports peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X tons), South Korea (X tons) and the United States (X tons) were the main suppliers of fishing rod imports to Ecuador, together comprising 85% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +24.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, China ($X), South Korea ($X) and the United States ($X) appeared to be the largest fishing rod suppliers to Ecuador, with a combined 82% share of total imports. These countries were followed by the Netherlands, which accounted for a further 1.5%.

The Netherlands, with a CAGR of +21.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average fishing rod import price stood at $X per ton in 2021, declining by -23% against the previous year. In general, the import price saw a perceptible decrease. The most prominent rate of growth was recorded in 2017 when the average import price increased by 33%. Over the period under review, average import prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.2%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for fishing rods and other line fishing tackle in the world?

The countries with the highest volumes of fishing rod consumption in 2020 were China, the United States and India, with a combined 47% share of global consumption. These countries were followed by Japan, Pakistan, Indonesia, Germany, Mexico, South Korea, the UK and Russia, which together accounted for a further 27%.

What are the largest producers of fishing rods and other line fishing tackle in the world?

China remains the largest fishing rod producing country worldwide, comprising approx. 56% of total volume. Moreover, fishing rod production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The United States ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of fishing rods and other line fishing tackle to Ecuador?

In value terms, South Korea, China and the United States appeared to be the largest fishing rod suppliers to Ecuador, together accounting for 89% of total imports. These countries were followed by Spain and the Netherlands, which together accounted for a further 7.4%.

What is the average export price for fishing rods and other line fishing tackle in Ecuador?

The average fishing rod export price stood at $1,955 per ton in 2020, declining by -67.9% against the previous year.

What is the average import price for fishing rods and other line fishing tackle in Ecuador?

The average fishing rod import price stood at $8,917 per ton in 2020, reducing by -25.6% against the previous year.

This report provides an in-depth analysis of the fishing rod market in Ecuador. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 32301600 - Fishing rods, other line fishing tackle, articles for hunting or fishing n.e.c.

Country coverage:

Ecuador

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Ecuador
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023