Fishing Reels Price in Portugal - 2023

Fishing Reels Price in Portugal (CIF) - 2022

In 2022, the average fishing reels import price amounted to $40,700 per ton, picking up by 17% against the previous year. Overall, the import price, however, recorded a slight contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 41% against the previous year. Over the period under review, average import prices attained the maximum at $49,603 per ton in 2018; however, from 2019 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 Spain ($65,878 per ton), while the price for the Netherlands ($8,790 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.2%), while the prices for the other major suppliers experienced a decline.

Fishing Reels Price in Portugal (FOB) - 2022

In 2022, the average fishing reels export price amounted to $24,253 per ton, with a decrease of -64.8% against the previous year. In general, the export price saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 131%. As a result, the export price reached the peak level of $68,906 per ton, and then declined significantly in the following year.

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 Angola ($70,198 per ton), while the average price for exports to Spain ($20,350 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 Cabo Verde (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.

Fishing Reels Imports in Portugal

Fishing reels imports into Portugal reduced to 23 tons in 2022, standing approx. at 2021. Over the period under review, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year.

In value terms, fishing reels imports soared to $932K in 2022. Overall, imports continue to indicate a deep setback.

Import of Fishing Reels in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	282	126	344	449	16.8%
France	293	278	237	199	-12.1%
Spain	859	371	151	140	-45.4%
Taiwan (Chinese)	0.2	0.2	N/A	80.7	638.9%
Netherlands	144	91.1	15.6	10.5	-58.2%
Others	47.9	50.9	62.1	51.6	2.5%
Total	1,626	917	810	932	-16.9%

Top Suppliers of Fishing Reels to Portugal in 2022:

China (12.5 tons)
France (3.9 tons)
Taiwan (Chinese) (2.5 tons)
Spain (2.1 tons)
Netherlands (1.2 tons)

Fishing Reels Exports in Portugal

In 2022, after two years of decline, there was significant growth in overseas shipments of fishing reelses, when their volume increased by 155% to 1.8 tons. Overall, exports, however, saw a dramatic curtailment.

In value terms, fishing reels exports reduced to $44K in 2022. Over the period under review, exports, however, saw a dramatic decrease. The most prominent rate of growth was recorded in 2021 with an increase of 15% against the previous year.

Export of Fishing Reels in Portugal (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Spain	178	16.0	0.2	25.3	-47.8%
Angola	1.2	13.2	44.2	8.1	89.0%
Greece	31.8	3.1	N/A	7.4	-38.5%
Cabo Verde	2.6	5.5	4.0	2.4	-2.6%
Guinea-Bissau	N/A	2.6	N/A	N/A	0%
Others	2.0	2.1	0.5	0.8	-26.3%
Total	215	42.5	49.0	44.0	-41.1%