Fishing Reels Price in Kenya - 2021

Contents:

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

Fishing Reels Price in Kenya (FOB) - 2022

In 2022, the average fishing reels export price amounted to $1,457,400 per ton, jumping by 1,375% against the previous year. Overall, the export price, however, showed a noticeable decline. The growth pace was the most rapid in 2019 an increase of 3,170%. As a result, the export price attained the peak level of $9,149 per kg. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Democratic Republic of the Congo ($2,165,764 per ton), while the average price for exports to Uganda ($172 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 Somalia (+3,102.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Price in Kenya (CIF) - 2022

The average fishing reels import price stood at $38,210 per ton in 2022, increasing by 107% against the previous year. In general, the import price, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in 2019 an increase of 107% against the previous year. Over the period under review, average import prices reached the maximum at $67,873 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 India ($236,532 per ton), while the price for China ($14,314 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Africa (+20.4%), while the prices for the other major suppliers experienced a decline.

Fishing Reels Exports in Kenya

After three years of growth, shipments abroad of fishing reelses decreased by -93.1% to 4 kg in 2022. Overall, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2020 with an increase of 360%.

In value terms, fishing reels exports expanded slightly to $5.8K in 2022. In general, exports continue to indicate a precipitous contraction.

Top Export Markets for Fishing Reels from Kenya in 2022:

1. Democratic Republic of the Congo (1.0 kg)
2. Netherlands (1.0 kg)
3. Uganda (1.0 kg)
4. South Africa (1.0 kg)

Fishing Reels Imports in Kenya

After three years of growth, overseas purchases of fishing reelses decreased by -73.5% to 545 kg in 2022. Over the period under review, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 3,020% against the previous year. As a result, imports reached the peak of 2.1 tons, and then shrank sharply in the following year.

In value terms, fishing reels imports shrank rapidly to $21K in 2022. In general, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 964% against the previous year. As a result, imports reached the peak of $38K, and then fell notably in the following year.

Top Suppliers of Fishing Reels to Kenya in 2022:

1. China (410.0 kg)
2. United Arab Emirates (57.0 kg)
3. India (48.0 kg)
4. United Kingdom (17.0 kg)

Source: IndexBox Market Intelligence Platform