Price for Fish-Hooks; Whether or Not Snelled in Spain - 2023

Contents:

  1. Price for Fish-Hooks; Whether or Not Snelled in Spain (CIF) - 2022
  2. Price for Fish-Hooks; Whether or Not Snelled in Spain (FOB) - 2023
  3. Imports of Fish-Hooks; Whether or Not Snelled in Spain
  4. Exports of Fish-Hooks; Whether or Not Snelled in Spain

Price for Fish-Hooks; Whether or Not Snelled in Spain (CIF) - 2022

The average import price for fish-hooks; whether or not snelleds stood at $26,897 per ton in 2022, surging by 9.7% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The growth pace was the most rapid in 2016 when the average import price increased by 28%. The import price peaked in 2022 and is likely to continue growth in years to come.

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 France ($161,534 per ton), while the price for Portugal ($5,374 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish-Hooks; Whether or Not Snelled in Spain (FOB) - 2023

In July 2023, the average export price for fish-hooks; whether or not snelleds amounted to $25,673 per ton, increasing by 77% against the previous month. Over the period under review, the export price, however, showed a abrupt contraction. The most prominent rate of growth was recorded in April 2023 an increase of 87% against the previous month. Over the period under review, the average export prices hit record highs at $60,138 per ton in July 2022; however, from August 2022 to July 2023, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In July 2023, the country with the highest price was Germany ($53,820 per ton), while the average price for exports to Chile ($8,440 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (+0.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish-Hooks; Whether or Not Snelled in Spain

In 2022, approx. 232 tons of fish-hooks; whether or not snelleds were imported into Spain; growing by 28% against 2021 figures. In general, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, fish-hooks; whether or not snelled imports skyrocketed to $6.2M in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +68.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Fish-Hooks; Whether or Not Snelled in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,6201,2921,8491,448-3.7%
France6366096961,31827.5%
South Korea75.813617655894.5%
Poland1.15.75.2354585.3%
Italy99.886.499.428842.4%
Portugal33525112.4162-21.5%
Cabo Verde13.6N/AN/A10597.6%
Singapore373109N/AN/A-70.8%
Others1,0541,2161,6092,00123.8%
Total4,2093,7054,4486,23314.0%

Top Suppliers of Fish-Hooks; Whether or Not Snelled to Spain in 2022:

  1. China (81.3 tons)
  2. South Korea (35.2 tons)
  3. Portugal (30.1 tons)
  4. Italy (29.6 tons)
  5. Poland (14.7 tons)
  6. Cabo Verde (9.3 tons)
  7. France (8.2 tons)

Exports of Fish-Hooks; Whether or Not Snelled in Spain

In 2022, the amount of fish-hooks; whether or not snelleds exported from Spain soared to 163 tons, with an increase of 41% compared with 2021 figures. Overall, exports saw temperate growth. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, fish-hooks; whether or not snelled exports skyrocketed to $3.6M in 2022. Over the period under review, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish-Hooks; Whether or Not Snelled in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5004835241,06828.8%
Portugal36830745551211.6%
Italy38.238.7139497135.2%
Germany4.44.03.8236277.1%
Chile25021.523692.3-28.3%
Ecuador19.5N/A42.785.363.5%
Cote d'IvoireN/AN/AN/A45.20%
United Kingdom31521910123.1-58.1%
Namibia70.4N/A2.013.6-42.2%
Cabo Verde72.4N/AN/AN/A0%
Others2351893961,01662.9%
Total1,8741,2611,8993,58924.2%

Top Export Markets for Fish-Hooks; Whether or Not Snelled from Spain in 2022:

  1. France (43.7 tons)
  2. Portugal (38.4 tons)
  3. Italy (21.7 tons)
  4. Ecuador (14.7 tons)
  5. Chile (9.1 tons)
  6. Cote d'Ivoire (8.4 tons)
  7. Germany (2.6 tons)
  8. Namibia (1.1 tons)
  9. United Kingdom (0.3 tons)

Source: IndexBox Market Intelligence Platform

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