Fishing Reels Price in Italy - 2023

Contents:

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

Fishing Reels Price in Italy (CIF) - 2022

The average fishing reels import price stood at $44,830 per ton in 2022, picking up by 43% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of +8.6% 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 +47.6% against 2020 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($131,373 per ton), while the price for China ($23,345 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+13.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Italy (FOB) - 2022

The average fishing reels export price stood at $39,988 per ton in 2022, dropping by -2.1% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The growth pace was the most rapid in 2021 when the average export price increased by 55%. As a result, the export price reached the peak level of $40,860 per ton, and then dropped modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($66,655 per ton), while the average price for exports to the UK ($18,249 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 the Czech Republic (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Imports in Italy

Fishing reels imports into Italy fell rapidly to 385 tons in 2022, with a decrease of -24.2% against the previous year. Over the period under review, imports saw a mild contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 47% against the previous year. As a result, imports reached the peak of 508 tons, and then dropped markedly in the following year.

In value terms, fishing reels imports amounted to $17M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.3% 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 +64.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 52% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Import of Fishing Reels in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.82.85.75.513.1%
France0.71.95.65.396.4%
Netherlands5.93.11.43.2-18.4%
Vietnam0.91.11.31.210.1%
Spain0.20.20.30.314.5%
Others1.71.41.71.70.0%
Total13.210.515.917.39.4%

Top Suppliers of Fishing Reels to Italy in 2022:

  1. China (233.5 tons)
  2. France (72.8 tons)
  3. Netherlands (52.6 tons)
  4. Vietnam (9.2 tons)
  5. Spain (5.8 tons)

Fishing Reels Exports in Italy

In 2022, overseas shipments of fishing reelses decreased by -33.6% to 44 tons, falling for the second consecutive year after two years of growth. Over the period under review, exports faced a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by 47% against the previous year. As a result, the exports reached the peak of 116 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fishing reels exports fell markedly to $1.8M in 2022. In general, exports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2020 when exports increased by 46%. As a result, the exports attained the peak of $3.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Fishing Reels in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain23045756530910.3%
Germany402660383304-8.9%
United Kingdom35858522.9213-15.9%
France193252308168-4.5%
Czech Republic75.798.215886.34.5%
Poland92.716114181.5-4.2%
Croatia94.569.214478.7-5.9%
Greece69.112911264.1-2.5%
Latvia58.454.446.933.4-17.0%
Romania31.237.860.032.81.7%
Netherlands6.746.553.329.163.2%
Others481501735374-8.0%
Total2,0933,0522,7291,774-5.4%

Top Export Markets for Fishing Reels from Italy in 2022:

  1. United Kingdom (11.7 tons)
  2. Germany (8.1 tons)
  3. Spain (5.7 tons)
  4. France (3.0 tons)
  5. Croatia (2.7 tons)
  6. Poland (2.1 tons)
  7. Romania (1.5 tons)
  8. Greece (1.5 tons)
  9. Czech Republic (1.3 tons)
  10. Latvia (1.3 tons)
  11. Netherlands (0.7 tons)

Source: IndexBox Market Intelligence Platform

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