Price for Fish-Hooks; Whether or Not Snelled in China - 2023
Contents:
- Price for Fish-Hooks; Whether or Not Snelled in China (FOB) - 2023
- Price for Fish-Hooks; Whether or Not Snelled in China (CIF) - 2022
- Exports of Fish-Hooks; Whether or Not Snelled in China
- Imports of Fish-Hooks; Whether or Not Snelled in China
Price for Fish-Hooks; Whether or Not Snelled in China (FOB) - 2023
In June 2023, the average export price for fish-hooks; whether or not snelleds amounted to $17,927 per ton, dropping by -3.2% against the previous month. Over the period under review, the export price saw a relatively flat trend pattern. The growth pace was the most rapid in May 2023 an increase of 8.4% against the previous month. The export price peaked at $19,109 per ton in February 2023; however, from March 2023 to June 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Japan ($46,440 per ton), while the average price for exports to the United Arab Emirates ($5,898 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish-Hooks; Whether or Not Snelled in China (CIF) - 2022
The average import price for fish-hooks; whether or not snelleds stood at $57,948 per ton in 2022, remaining constant against the previous year. In general, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish-hooks; whether or not snelled import price increased by +40.3% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 24%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Indonesia ($109,418 per ton), while the price for Myanmar ($3,020 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+16.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish-Hooks; Whether or Not Snelled in China
In 2022, approx. 7.3K tons of fish-hooks; whether or not snelleds were exported from China; declining by -9.1% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. As a result, the exports attained the peak of 8K tons, and then contracted in the following year.
In value terms, fish-hooks; whether or not snelled exports fell slightly to $136M in 2022. The total export value increased at an average annual rate of +9.8% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 38% against the previous year. As a result, the exports reached the peak of $137M, leveling off in the following year.
| Export of Fish-Hooks; Whether or Not Snelled in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 35.0 | 31.3 | 37.5 | 35.6 | 0.6% |
| United States | 11.3 | 10.5 | 16.5 | 16.3 | 13.0% |
| South Korea | 2.7 | 4.1 | 6.3 | 8.1 | 44.2% |
| Dominican Republic | 4.6 | 4.8 | 7.5 | 7.9 | 19.8% |
| Indonesia | 2.8 | 3.3 | 4.1 | 4.5 | 17.1% |
| Nigeria | 3.3 | 3.8 | 4.0 | 4.0 | 6.6% |
| Singapore | 1.7 | 1.0 | 2.2 | 3.9 | 31.9% |
| Vietnam | 1.3 | 2.6 | 4.5 | 3.7 | 41.7% |
| Philippines | 2.7 | 2.0 | 3.2 | 3.0 | 3.6% |
| Thailand | 1.5 | 0.9 | 1.6 | 2.9 | 24.6% |
| Russia | 1.9 | 2.0 | 1.9 | 2.3 | 6.6% |
| Norway | 2.5 | 1.3 | 3.4 | 1.9 | -8.7% |
| Kazakhstan | 2.0 | 1.3 | 1.8 | 1.6 | -7.2% |
| Others | 29.4 | 30.4 | 42.4 | 40.1 | 10.9% |
| Total | 103 | 99.3 | 137 | 136 | 9.7% |
Top Export Markets for Fish-Hooks; Whether or Not Snelled from China in 2022:
- Japan (1114.4 tons)
- South Korea (722.5 tons)
- United States (701.6 tons)
- Nigeria (379.0 tons)
- Vietnam (313.6 tons)
- Indonesia (272.3 tons)
- Dominican Republic (255.7 tons)
- Kazakhstan (210.7 tons)
- Thailand (197.0 tons)
- Russia (182.5 tons)
- Singapore (150.9 tons)
- Philippines (142.7 tons)
- Norway (114.9 tons)
Imports of Fish-Hooks; Whether or Not Snelled in China
In 2022, the amount of fish-hooks; whether or not snelleds imported into China contracted sharply to 190 tons, with a decrease of -24.1% on the previous year's figure. Over the period under review, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 26% against the previous year. As a result, imports reached the peak of 251 tons, and then shrank dramatically in the following year.
In value terms, fish-hooks; whether or not snelled imports reduced remarkably to $11M in 2022. In general, total imports indicated a noticeable increase from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +15.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 42% against the previous year. As a result, imports attained the peak of $14M, and then reduced sharply in the following year.
| Import of Fish-Hooks; Whether or Not Snelled in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.9 | 5.2 | 7.0 | 6.0 | 7.0% |
| France | 1.2 | 1.4 | 2.9 | 1.8 | 14.5% |
| United States | 1.8 | 2.0 | 2.6 | 1.4 | -8.0% |
| Indonesia | 0.1 | 0.2 | 0.4 | 0.6 | 81.7% |
| South Korea | 0.2 | 0.1 | 0.3 | 0.2 | 0.0% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| Democratic People's Republic of Korea | 0.8 | N/A | N/A | N/A | 0% |
| Myanmar | N/A | N/A | N/A | N/A | 0% |
| Others | 0.6 | 1.3 | 1.2 | 1.0 | 18.6% |
| Total | 9.6 | 10.1 | 14.4 | 11.0 | 4.6% |
Top Suppliers of Fish-Hooks; Whether or Not Snelled to China in 2022:
- Japan (78.5 tons)
- United States (35.9 tons)
- France (22.6 tons)
- South Korea (18.8 tons)
- India (6.4 tons)
- Myanmar (5.4 tons)
- Indonesia (5.4 tons)
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