Fishing Reels Price in Ecuador - 2022

Contents:

  1. Fishing Reels Price in Ecuador (CIF) - 2022
  2. Fishing Reels Imports in Ecuador

Fishing Reels Price in Ecuador (CIF) - 2022

The average fishing reels import price stood at $9,113 per ton in 2022, surging by 2.8% against the previous year. In general, the import price, however, faced a abrupt decline. The growth pace was the most rapid in 2017 an increase of 86%. Over the period under review, average import prices attained the peak figure at $31,755 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($195,332 per ton), while the price for China ($6,401 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+19.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Fishing Reels Imports in Ecuador

In 2022, supplies from abroad of fishing reelses decreased by -8.3% to 6.3 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +13.3% 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 +45.6% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year.

In value terms, fishing reels imports declined to $57K in 2022. The total import value increased at an average annual rate of +10.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 26%.

Import of Fishing Reels in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.828.442.537.521.7%
Netherlands2.04.35.34.733.0%
Others19.720.912.714.9-8.9%
Total42.553.660.557.010.3%

Top Suppliers of Fishing Reels to Ecuador in 2022:

  1. China (5.9 tons)
  2. Netherlands (0.3 tons)

Source: IndexBox Market Intelligence Platform

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