Fishing Reels Price in Luxembourg - 2023

Contents:

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

Fishing Reels Price in Luxembourg (CIF) - 2022

The average fishing reels import price stood at $27,654 per ton in 2022, which is down by -23.1% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 61% against the previous year. As a result, import price reached the peak level of $63,562 per ton. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($83,628 per ton), while the price for Germany ($15,276 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+17.1%), while the prices for the other major suppliers experienced a decline.

Fishing Reels Price in Luxembourg (FOB) - 2022

In 2022, the average fishing reels export price amounted to $20,874 per ton, growing by 151% against the previous year. Over the period under review, the export price showed buoyant growth. The pace of growth was the most pronounced in 2019 an increase of 274%. The export price peaked at $42,667 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovakia ($74,325 per ton), while the average price for exports to Switzerland ($2,558 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 Slovakia (+32.1%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Imports in Luxembourg

In 2022, purchases abroad of fishing reelses decreased by -11.9% to 1.2 tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 407% against the previous year. As a result, imports reached the peak of 2.9 tons. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, fishing reels imports fell dramatically to $34K in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 404%. As a result, imports attained the peak of $86K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Fishing Reels in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.466.916.79.991.9%
Netherlands8.42.23.45.8-11.6%
France0.32.83.73.4124.6%
Austria0.9N/AN/A3.455.7%
Belgium1.51.1N/A2.620.1%
Poland0.25.34.32.3125.7%
Italy0.32.22.81.467.1%
Others4.35.819.75.58.6%
Total17.186.350.634.326.1%

Top Suppliers of Fishing Reels to Luxembourg in 2022:

  1. Germany (649.0 kg)
  2. Netherlands (272.0 kg)
  3. France (82.0 kg)
  4. Belgium (66.0 kg)
  5. Poland (43.0 kg)
  6. Austria (41.0 kg)
  7. Italy (27.0 kg)

Fishing Reels Exports in Luxembourg

For the third consecutive year, Luxembourg recorded decline in shipments abroad of fishing reelses, which decreased by 0% to 4 kg in 2022. In general, exports recorded a sharp curtailment. The smallest decline of -20% was in 2021.

In value terms, fishing reels exports surged to $90 in 2022. Overall, exports continue to indicate a sharp slump.

Export of Fishing Reels in Luxembourg (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Slovakia56.0N/AN/A41.0-9.9%
Netherlands206N/AN/A25.0-50.5%
United KingdomN/AN/AN/A16.00%
Switzerland47.0130N/A3.0-60.0%
Belgium2.016.035.02.00.0%
Others23.0N/AN/A3.0-49.3%
Total33414635.090.0-35.4%

Top Export Markets for Fishing Reels from Luxembourg in 2022:

  1. Switzerland (1.0 kg)
  2. United Kingdom (1.0 kg)
  3. Netherlands (1.0 kg)
  4. Slovakia (1.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Fishing reels - Luxembourg