Fishing Reels Price in Indonesia - 2022
Contents:
- Fishing Reels Price in Indonesia (CIF) - 2022
- Fishing Reels Price in Indonesia (FOB) - 2022
- Fishing Reels Imports in Indonesia
- Fishing Reels Exports in Indonesia
Fishing Reels Price in Indonesia (CIF) - 2022
The average fishing reels import price stood at $7,476 per ton in 2022, shrinking by -23.1% against the previous year. In general, the import price, however, posted a strong increase. The most prominent rate of growth was recorded in 2017 an increase of 185% against the previous year. The import price peaked at $9,721 per ton in 2021, and then reduced dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($20,943 per ton), while the price for Singapore ($5,637 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+30.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Fishing Reels Price in Indonesia (FOB) - 2022
In 2022, the average fishing reels export price amounted to $26,607 per ton, reducing by -3.8% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average export price increased by 33% against the previous year. The export price peaked at $28,581 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($54,464 per ton), while the average price for exports to Malaysia ($19,660 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 Thailand (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Reels Imports in Indonesia
In 2022, after three years of growth, there was significant decline in purchases abroad of fishing reelses, when their volume decreased by -7% to 1.5K tons. Over the period under review, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 53%.
In value terms, fishing reels imports dropped dramatically to $11M in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +6.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year.
| Import of Fishing Reels in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.9 | 10.1 | 13.5 | 9.1 | 9.7% |
| Malaysia | 0.6 | 0.6 | 0.6 | 0.4 | -12.6% |
| Singapore | 1.1 | 0.5 | N/A | 0.4 | -28.6% |
| Others | 0.6 | 2.7 | 1.7 | 1.4 | 32.6% |
| Total | 9.3 | 13.9 | 15.8 | 11.3 | 6.7% |
Top Suppliers of Fishing Reels to Indonesia in 2022:
- China (1389.4 tons)
- Singapore (67.2 tons)
- Malaysia (20.2 tons)
Fishing Reels Exports in Indonesia
In 2022, overseas shipments of fishing reelses decreased by -45.9% to 5.4 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 31%.
In value terms, fishing reels exports fell rapidly to $142K in 2022. In general, exports recorded a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 41%.
| Export of Fishing Reels in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | 19.1 | 47.6 | 64.1 | 37.6 | 25.3% |
| Egypt | 44.5 | 53.3 | 52.8 | 31.0 | -11.4% |
| Morocco | 14.3 | 16.4 | 48.3 | 28.3 | 25.6% |
| Malaysia | 16.4 | 20.8 | 36.2 | 21.2 | 8.9% |
| United Arab Emirates | 14.7 | 18.4 | 20.3 | 11.9 | -6.8% |
| Germany | 11.9 | 6.3 | 9.5 | 5.6 | -22.2% |
| Singapore | 10.1 | 2.2 | 4.5 | 3.3 | -31.1% |
| Argentina | 10.1 | N/A | 1.8 | N/A | -57.8% |
| United States | N/A | 12.3 | N/A | N/A | 0% |
| Saudi Arabia | N/A | 23.9 | N/A | N/A | 0% |
| Others | 10.4 | 12.1 | 35.9 | 3.5 | -30.4% |
| Total | 151 | 213 | 273 | 142 | -2.0% |
Top Export Markets for Fishing Reels from Indonesia in 2022:
- Thailand (1414.0 kg)
- Egypt (1256.0 kg)
- Malaysia (1081.0 kg)
- Morocco (973.0 kg)
- United Arab Emirates (219.0 kg)
- Germany (184.0 kg)
- Singapore (150.0 kg)
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This report provides an in-depth analysis of the fishing rod market in Indonesia.
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This report provides an in-depth analysis of the global fishing rod market.
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This report provides an in-depth analysis of the fishing rod market in Indonesia.
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This report provides an in-depth analysis of the global fishing rod market.
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