Fishing Rod Market Overview in Ireland
Market Overview
The Irish fishing rod market stood at $
in 2019, rising by % 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). Over the period under review, consumption recorded a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of % y-o-y. Fishing rod consumption peaked at $ in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.
in 2019, rising by % 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). Over the period under review, consumption recorded a abrupt decrease. The growth pace was the most rapid in 2013 with an increase of % y-o-y. Fishing rod consumption peaked at $ in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.Consumption
In 2019, the amount of fishing rods and other line fishing tackle consumed in Ireland reduced to units, falling by -% on the previous year. Overall, consumption showed a abrupt setback. The pace of growth appeared the most rapid in 2013 when the consumption volume increased by % y-o-y. Over the period under review, consumption hit record highs at units in 2007; however, from 2008 to 2019, consumption remained at a lower figure.
The size of the fishing rod market in Ireland stood at $ in 2019, surging by % 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). In general, consumption recorded a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of % year-to-year. Fishing rod consumption peaked at $ in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.
units, falling by -% on the previous year. Overall, consumption showed a abrupt setback. The pace of growth appeared the most rapid in 2013 when the consumption volume increased by % y-o-y. Over the period under review, consumption hit record highs at units in 2007; however, from 2008 to 2019, consumption remained at a lower figure.The size of the fishing rod market in Ireland stood at $
in 2019, surging by % 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). In general, consumption recorded a deep reduction. The pace of growth was the most pronounced in 2013 with an increase of % year-to-year. Fishing rod consumption peaked at $ in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.Market Forecast
Depressed by shrinking demand for fishing rod in Ireland, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to units by the end of .
% for the period from 2019 to , which is projected to depress the market volume to units by the end of .Trade Balance
Ireland remains a net importer of fishing rod; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
units, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.
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