Fishing Reels Price in Belgium - 2023

Contents:

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

Fishing Reels Price in Belgium (FOB) - 2022

In 2022, the average fishing reels export price amounted to $38,463 per ton, dropping by -23.6% against the previous year. Over the period under review, the export price saw a mild slump. The most prominent rate of growth was recorded in 2017 an increase of 41%. As a result, the export price reached the peak level of $74,694 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($47,601 per ton), while the average price for exports to Germany ($28,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Price in Belgium (CIF) - 2022

In 2022, the average fishing reels import price amounted to $48,114 per ton, jumping by 25% against the previous year. Over the period under review, import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fishing reels import price increased by +84.0% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 43%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain 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 South Korea ($72,053 per ton), while the price for Hong Kong SAR ($36,180 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Exports in Belgium

In 2022, approx. 117 tons of fishing reelses were exported from Belgium; with an increase of 4% on 2021. Over the period under review, exports showed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 288%. As a result, the exports attained the peak of 156 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, fishing reels exports fell markedly to $4.5M in 2022. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 248%. As a result, the exports reached the peak of $7.9M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Fishing Reels in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4733,6302,2621,88558.5%
Germany4041,3261,53787329.3%
Netherlands22064256837319.2%
Poland14726524922415.1%
United Kingdom418778149198-22.0%
Czech Republic1361591351626.0%
Austria1071971921131.8%
Hungary85.110281.390.11.9%
Italy40.613183.684.127.5%
Others22662241250330.6%
Total2,2587,8535,6694,50425.9%

Top Export Markets for Fishing Reels from Belgium in 2022:

  1. France (48.2 tons)
  2. Germany (30.2 tons)
  3. Netherlands (9.1 tons)
  4. Poland (5.2 tons)
  5. United Kingdom (5.0 tons)
  6. Czech Republic (3.8 tons)
  7. Austria (2.7 tons)
  8. Hungary (2.1 tons)
  9. Italy (1.9 tons)

Fishing Reels Imports in Belgium

In 2022, imports of fishing reelses into Belgium expanded modestly to 141 tons, surging by 1.9% against 2021. Over the period under review, imports enjoyed a significant increase. The growth pace was the most rapid in 2020 with an increase of 94%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, fishing reels imports surged to $6.8M in 2022. In general, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 127%. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Fishing Reels in Belgium (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1.92.64.15.744.2%
South KoreaN/A0.30.50.752.8%
France0.10.20.20.10.0%
Hong Kong SAR0.1N/AN/A0.10.0%
MalaysiaN/A1.5N/AN/A0%
Others0.10.40.50.10.0%
Total2.24.95.36.845.7%

Top Suppliers of Fishing Reels to Belgium in 2022:

  1. China (123.4 tons)
  2. South Korea (10.2 tons)
  3. France (2.7 tons)
  4. Hong Kong SAR (2.3 tons)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Fishing reels - Belgium