fishing tackle

China is the leading producer and exporter of basic fishing tackle, particularly rods, reels and lures. The country exported 61 million fishing rods in 2004, a 10 percent increase from the year before. Reel exports grew 14 percent to reach 47 million units in 2004. China accounts for most of the world's output of low-end and midrange fishing rods, reels and lures for amateur use. The country is particularly strong in the manufacture of lures, with some suppliers even offering high-end models for professional use. But it still lags behind in the production of high-end rods and reels, as most suppliers lack the technological capability and design expertise required to manufacture these products. Makers also produce other tackle such as hooks, nets, floaters and lines, but the majority of these too are basic products. In terms of value, the country's outbound shipments of fishing tackle were US$447 million, 24 percent higher than the previous year. Exports of fishing rods climbed 21 percent to US$189 million in 2004. Other fishing tackle including lures, were at US$124 million, an increase of 7.8 percent relative to the previous year. Exports of fishing reels were valued at US$100 million, soaring 31 percent from 2003 exports. Total exports of fishing tackle are expected to rise by about 20 to 25 percent in 2005, as demand from major markets continues to grow, and makers enhance the quality of their products.