The global export market for fishing rods in 2023 was dominated by China, contributing significantly with $96.64 million. Japan followed distantly with $6.1352 million. Noteworthy positive growth over the past year was seen in Mauritius by 75.54% and Brunei by 88.82%, albeit from smaller bases. Conversely, Australia experienced the largest decline by 27.17%, indicating regional shifts. Over the last five years, countries like Belarus and Russia were emerging with a CAGR indicating steady growth, while markets such as Malaysia and Thailand saw mild contractions.
Future trends to watch include the potential for Mauritius and Brunei, given recent spikes in export growth, as well as China's strategic shifts in production and export policies which could impact its global dominance. Environmental regulations and sustainable practices will likely shape future market dynamics and export volumes globally.
Top countries in Export of Fishing Rods by Country
| # | 10 Countries | Units | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 96,640,000 | 2023 | +1.67% | -2.92% | View data |
| 2 | 2 Japan | 6,135,200 | 2023 | -5.41% | -4.27% | View data |
| 3 | 3 Belarus | 3,399,200 | 2023 | +6.38% | +4.18% | View data |
| 4 | 4 Malaysia | 161,200 | 2023 | -0.66% | -3.5% | View data |
| 5 | 5 Thailand | 144,450 | 2023 | -0.95% | -1.61% | View data |
| 6 | 6 Russia | 114,580 | 2023 | +4.86% | +3.59% | View data |
| 7 | 7 Norway | 16,670 | 2023 | -0.11% | -1.1% | View data |
| 8 | 8 Mauritius | 5,000 | 2023 | -3.94% | +75.54% | View data |
| 9 | 9 Chile | 2,180 | 2023 | +2.66% | -7.82% | View data |
| 10 | 10 Australia | 1,170 | 2023 | -45.94% | -27.17% | View data |
