Fishing Rods Price in the Dominican Republic - 2023

Contents:

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

Fishing Rods Price in the Dominican Republic (CIF) - 2022

The average fishing rods import price stood at $68,083 per ton in 2022, increasing by 136% against the previous year. Over the period under review, the import price recorded pronounced growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($72,577 per ton), while the price for the United States stood at $16,271 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Venezuela (+126.0%), while the prices for the other major suppliers experienced a decline.

Fishing Rods Price in the Dominican Republic (FOB) - 2022

In 2022, the average fishing rods export price amounted to $69,840 per ton, falling by -17% against the previous year. In general, the export price, however, recorded a resilient expansion. The growth pace was the most rapid in 2021 when the average export price increased by 178%. As a result, the export price attained the peak level of $84,178 per ton, and then dropped significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($91,104 per ton), while the average price for exports to Spain totaled $50,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+35.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Rods Imports in the Dominican Republic

In 2022, the amount of fishing rodses imported into the Dominican Republic soared to 6.7 tons, increasing by 643% compared with 2021. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fishing rods imports skyrocketed to $456K in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fishing Rods in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9.321.818.7447263.6%
United States2.40.41.68.250.6%
Others4.76.95.60.9-42.4%
Total16.529.126.0456202.3%

Top Suppliers of Fishing Rods to the Dominican Republic in 2022:

  1. China (6.2 tons)
  2. United States (0.5 tons)

Fishing Rods Exports in the Dominican Republic

In 2022, overseas shipments of fishing rodses decreased by -99.2% to 2 kg, falling for the second year in a row after two years of growth. Over the period under review, exports faced a sharp decline. The most prominent rate of growth was recorded in 2020 with an increase of 144% against the previous year. As a result, the exports reached the peak of 334 kg. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, fishing rods exports fell notably to $135 in 2022. Overall, exports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 105%. As a result, the exports reached the peak of $21K, and then reduced sharply in the following year.

Export of Fishing Rods in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.10.50.20.10.0%
Spain0.10.40.20.10.0%
GuatemalaN/A0.20.1N/A-50.0%
Sweden2.8N/AN/AN/A0%
France2.52.014.9N/A144.1%
Costa Rica1.45.63.0N/A46.4%
HondurasN/AN/A0.1N/A0%
Others0.11.32.1N/A358.3%
Total7.110.120.70.1-75.9%

Top Export Markets for Fishing Rods from the Dominican Republic in 2022:

  1. United States (1.0 kg)
  2. Spain (1.0 kg)

Source: IndexBox Market Intelligence Platform

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