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Report Kenya - Fishing Rods and Other Line Fishing Tackle - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

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

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Kenya: Fishing Rod Market 2024

Fishing Rod Market Size in Kenya

The Kenyan fishing rod market reached $X in 2021, picking up by 4.6% against the previous year. In general, consumption, however, showed a mild curtailment. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Fishing Rod Production in Kenya

In value terms, fishing rod production rose rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a slight reduction. The pace of growth was the most pronounced in 2014 when the production volume increased by 26% against the previous year. Over the period under review, production reached the maximum level at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Fishing Rod Exports

Exports from Kenya

In 2021, the amount of fishing rods and other line fishing tackle exported from Kenya fell remarkably to X tons, with a decrease of -46.1% against the previous year's figure. Overall, exports showed a deep contraction. The growth pace was the most rapid in 2016 when exports increased by 475% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, fishing rod exports fell significantly to $X in 2021. In general, exports showed a perceptible decrease. The pace of growth appeared the most rapid in 2016 when exports increased by 275%. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Fishing Rod Imports

Imports into Kenya

In 2021, overseas purchases of fishing rods and other line fishing tackle decreased by -39.2% to X tons for the first time since 2016, thus ending a four-year rising trend. Over the period under review, imports, however, saw resilient growth. The growth pace was the most rapid in 2018 when imports increased by 100%. Over the period under review, imports hit record highs at X tons in 2020, and then contracted markedly in the following year.

In value terms, fishing rod imports fell significantly to $X in 2021. Overall, imports, however, saw temperate growth. The pace of growth was the most pronounced in 2017 with an increase of 145%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of fishing rod to Kenya, accounting for a 77% share of total imports. Moreover, fishing rod imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X tons), more than tenfold. The UK (X tons) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +15.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (-10.6% per year) and the UK (+14.6% per year).

In value terms, the largest fishing rod suppliers to Kenya were China ($X), the UK ($X) and South Korea ($X), with a combined 84% share of total imports. These countries were followed by India and the United States, which together accounted for a further 6.8%.

In terms of the main suppliers, India, with a CAGR of +17.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average fishing rod import price amounted to $X per ton, picking up by 21% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The pace of growth was the most pronounced in 2017 an increase of 41% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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%.
China constituted the country with the largest volume of fishing rod production, comprising approx. 56% of total volume. Moreover, fishing rod production in China exceeded the figures recorded by the second-largest producer, India, sevenfold. The third position in this ranking was occupied by the United States, with a 6.3% share.
In value terms, the UK constituted the largest supplier of fishing rod to Kenya, comprising 50% of total imports. The second position in the ranking was occupied by China, with a 23% share of total imports. It was followed by South Korea, with an 18% share.
In value terms, the United States remains the key foreign market for fishing rod exports from Kenya, comprising 64% of total exports. The second position in the ranking was occupied by the UK, with a 27% share of total exports. It was followed by Canada, with a 3.9% share.
In 2020, the average fishing rod export price amounted to $52,416 per ton, remaining constant against the previous year.
The average fishing rod import price stood at $16,955 per ton in 2020, waning by -24.9% against the previous year.

This report provides an in-depth analysis of the fishing rod market in Kenya. 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:

  • Kenya

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Kenya
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. 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

  12. 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

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