Fishing Reels Price in Brazil - 2023

Contents:

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

Fishing Reels Price in Brazil (CIF) - 2022

The average fishing reels import price stood at $11,052 per ton in 2022, increasing by 22% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 28%. As a result, import price reached the peak level of $14,896 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

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 Malaysia ($72,738 per ton), while the price for China totaled $8,741 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%).

Fishing Reels Price in Brazil (FOB) - 2022

In 2022, the average fishing reels export price amounted to $4,478 per ton, reducing by -95.3% against the previous year. Overall, the export price saw a sharp decline. The most prominent rate of growth was recorded in 2021 an increase of 715% against the previous year. The export price peaked at $239,372 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($164,220 per ton), while the average price for exports to Uruguay ($2,042 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 Argentina (+9.0%), while the prices for the other major destinations experienced a decline.

Fishing Reels Imports in Brazil

After three years of growth, overseas purchases of fishing reelses decreased by -9.4% to 446 tons in 2022. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.4% 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 +53.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 43%.

In value terms, fishing reels imports reached $4.9M in 2022. The total import value increased at an average annual rate of +12.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 14% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Top Suppliers of Fishing Reels to Brazil in 2022:

1. China (430.0 tons)
2. Malaysia (9.7 tons)

Fishing Reels Exports in Brazil

In 2022, fishing reels exports from Brazil surged to 2.9 tons, growing by 1,251% against the previous year's figure. In general, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 10,750%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, fishing reels exports reduced markedly to $13K in 2022. Overall, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 with an increase of 86,371%. As a result, the exports attained the peak of $21K, and then shrank markedly in the following year.

Top Export Markets for Fishing Reels from Brazil in 2022:

1. Uruguay (1570.0 kg)
2. United States (1307.0 kg)
3. Argentina (37.0 kg)

Source: IndexBox Market Intelligence Platform