Fishing Reels Price in Angola - 2022

Contents:

  1. Fishing Reels Price in Angola (CIF) - 2022
  2. Fishing Reels Price in Angola (FOB) - 2022
  3. Fishing Reels Imports in Angola
  4. Fishing Reels Exports in Angola

Fishing Reels Price in Angola (CIF) - 2022

In 2022, the average fishing reels import price amounted to $40,325 per ton, falling by -1.6% against the previous year. Over the period under review, the import price, however, saw strong growth. The pace of growth appeared the most rapid in 2015 when the average import price increased by 83% against the previous year. Over the period under review, average import prices attained the peak figure at $40,966 per ton in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Africa ($53,952 per ton), while the price for France ($354 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+16.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Fishing Reels Price in Angola (FOB) - 2022

In 2022, the average fishing reels export price amounted to $27,329 per ton, reducing by -3.4% against the previous year. In general, the export price showed a deep contraction. The growth pace was the most rapid in 2021 an increase of 121%. Over the period under review, the average export prices hit record highs at $63,170 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($59,372 per ton), while the average price for exports to Portugal totaled $15,101 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+1.0%).

Fishing Reels Imports in Angola

In 2022, imports of fishing reelses into Angola declined significantly to 1.5 tons, waning by -25.6% against 2021. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 33% against the previous year.

In value terms, fishing reels imports shrank notably to $60K in 2022. Over the period under review, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 115% against the previous year. As a result, imports attained the peak of $81K, and then shrank notably in the following year.

Import of Fishing Reels in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal11.48.340.841.253.5%
South Africa3.73.92.32.3-14.7%
Namibia3.85.21.32.2-16.7%
United States7.41.01.12.1-34.3%
China2.21.70.70.7-31.7%
United Arab Emirates0.80.10.60.6-9.1%
FranceN/A0.10.10.10.0%
Malaysia9.40.3N/AN/A-96.8%
Others7.117.234.610.413.6%
Total45.937.981.359.69.1%

Top Suppliers of Fishing Reels to Angola in 2022:

  1. Portugal (842.0 kg)
  2. China (209.0 kg)
  3. France (158.0 kg)
  4. United States (92.0 kg)
  5. Namibia (73.0 kg)
  6. South Africa (43.0 kg)
  7. United Arab Emirates (34.0 kg)

Fishing Reels Exports in Angola

In 2022, fishing reels exports from Angola skyrocketed to 76 kg, with an increase of 100% against the previous year. In general, exports, however, saw a precipitous setback.

In value terms, fishing reels exports surged to $2.1K in 2022. Overall, exports, however, continue to indicate a sharp decline.

Export of Fishing Reels in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France2.90.80.71.2-25.5%
Portugal1.42.20.30.8-17.0%
Swaziland0.3N/AN/AN/A0%
United StatesN/A0.1N/AN/A0%
Others0.1N/AN/AN/A0%
Total4.73.11.12.1-23.6%

Top Export Markets for Fishing Reels from Angola in 2022:

  1. Portugal (55.0 kg)
  2. France (21.0 kg)

Source: IndexBox Market Intelligence Platform

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