Fishing Reels Price in Hungary - 2023

Contents:

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

Fishing Reels Price in Hungary (CIF) - 2022

In 2022, the average fishing reels import price amounted to $28,805 per ton, picking up by 16% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The most prominent rate of growth was recorded in 2013 an increase of 30%. The import price peaked at $34,870 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($374,837 per ton), while the price for China ($25,461 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Hungary (FOB) - 2022

The average fishing reels export price stood at $41,624 per ton in 2022, jumping by 43% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fishing reels export price increased by +64.0% against 2020 indices. The export price peaked at $47,917 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ukraine ($156,530 per ton), while the average price for exports to Serbia ($33,132 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 Ukraine (+32.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Imports in Hungary

In 2022, fishing reels imports into Hungary fell to 142 tons, which is down by -9% on the previous year's figure. Over the period under review, imports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 0.2% against the previous year.

In value terms, fishing reels imports reached $4.1M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Fishing Reels in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,0962,0592,2913,00640.0%
Germany22036252147128.9%
Poland27.349.7209341132.0%
France732486528173-38.2%
Slovenia1,077424N/AN/A-60.6%
Others48026429686.6-43.5%
Total3,6333,6453,8454,0773.9%

Top Suppliers of Fishing Reels to Hungary in 2022:

  1. China (118.0 tons)
  2. Germany (10.9 tons)
  3. Poland (7.7 tons)
  4. France (3.5 tons)

Fishing Reels Exports in Hungary

In 2022, overseas shipments of fishing reelses decreased by -21.8% to 27 tons, falling for the second consecutive year after two years of growth. The total export volume increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 40%. As a result, the exports reached the peak of 36 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, fishing reels exports expanded sharply to $1.1M in 2022. The total export value increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Fishing Reels in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania36442958873126.2%
Serbia11714111718616.7%
Slovakia49.158.910265.410.0%
Ukraine20119.251.940.7-41.3%
Turkey12610250.322.7-43.5%
Bulgaria16.115.214.27.2-23.5%
Others46.015585.172.916.6%
Total9199211,0091,1267.0%

Top Export Markets for Fishing Reels from Hungary in 2022:

  1. Romania (17.7 tons)
  2. Serbia (5.6 tons)
  3. Slovakia (1.1 tons)
  4. Turkey (0.4 tons)
  5. Ukraine (0.3 tons)
  6. Bulgaria (0.2 tons)

Source: IndexBox Market Intelligence Platform

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