Fishing Reels Price in the UK - 2023
Contents:
- Fishing Reels Price in the UK (CIF) - 2022
- Fishing Reels Price in the UK (FOB) - 2022
- Fishing Reels Imports in the UK
- Fishing Reels Exports in the UK
Fishing Reels Price in the UK (CIF) - 2022
In 2022, the average fishing reels import price amounted to $26,959 per ton, with a decrease of -44.1% against the previous year. In general, the import price showed a pronounced decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by 23%. Over the period under review, average import prices hit record highs at $59,687 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 the Netherlands ($61,165 per ton), while the price for China ($13,443 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+0.7%), while the prices for the other major suppliers experienced a decline.
Fishing Reels Price in the UK (FOB) - 2022
The average fishing reels export price stood at $50,693 per ton in 2022, waning by -32.7% against the previous year. Overall, the export price recorded a mild contraction. The pace of growth was the most pronounced in 2021 an increase of 32% against the previous year. As a result, the export price reached the peak level of $75,378 per ton, and then fell remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($150,225 per ton), while the average price for exports to the Czech Republic ($16,496 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 Sweden (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Reels Imports in the UK
In 2022, imports of fishing reelses into the UK soared to 949 tons, with an increase of 57% compared with the previous year. In general, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 67%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, fishing reels imports shrank to $26M in 2022. Overall, total imports indicated a resilient 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. Based on 2022 figures, imports increased by +30.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 49%. As a result, imports reached the peak of $29M, and then shrank in the following year.
| Import of Fishing Reels in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.1 | 8.7 | 12.5 | 10.8 | 5.9% |
| China | 5.3 | 4.5 | 9.1 | 7.9 | 14.2% |
| Poland | 1.1 | 1.4 | 1.9 | 1.6 | 13.3% |
| Vietnam | 1.0 | 1.0 | 1.4 | 1.2 | 6.3% |
| South Korea | 0.6 | 0.5 | 0.8 | 0.7 | 5.3% |
| Germany | 0.6 | 0.6 | 0.2 | 0.4 | -12.6% |
| Belgium | 0.4 | 0.7 | 0.4 | 0.4 | 0.0% |
| Others | 2.8 | 2.3 | 2.9 | 2.5 | -3.7% |
| Total | 21.0 | 19.6 | 29.2 | 25.6 | 6.8% |
Top Suppliers of Fishing Reels to the UK in 2022:
- China (585.8 tons)
- Netherlands (176.7 tons)
- Poland (46.7 tons)
- Vietnam (31.1 tons)
- Germany (22.8 tons)
- Belgium (20.5 tons)
- South Korea (14.1 tons)
Fishing Reels Exports in the UK
In 2022, overseas shipments of fishing reelses increased by 15% to 54 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, continue to indicate a deep setback.
In value terms, fishing reels exports contracted remarkably to $2.7M in 2022. Overall, exports, however, showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 3.3% against the previous year. As a result, the exports attained the peak of $3.5M, and then declined dramatically in the following year.
| Export of Fishing Reels in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 109 | 180 | 914 | 546 | 71.1% |
| United States | 298 | 289 | 865 | 517 | 20.2% |
| Ireland | 599 | 599 | 145 | 257 | -24.6% |
| France | 713 | 457 | 67.1 | 237 | -30.7% |
| Sweden | 476 | 236 | 365 | 218 | -22.9% |
| Netherlands | 114 | 163 | 329 | 196 | 19.8% |
| Germany | 315 | 508 | 72.2 | 171 | -18.4% |
| Czech Republic | 126 | 133 | 103 | 69.8 | -17.9% |
| Italy | 147 | 181 | 24.3 | 67.3 | -22.9% |
| Spain | 71.9 | 130 | 5.7 | 39.7 | -18.0% |
| Canada | 51.1 | 15.1 | 20.4 | 16.7 | -31.1% |
| Others | 397 | 542 | 635 | 403 | 0.5% |
| Total | 3,415 | 3,432 | 3,545 | 2,739 | -7.1% |
Top Export Markets for Fishing Reels from the UK in 2022:
- Poland (10.7 tons)
- Ireland (7.6 tons)
- Germany (6.2 tons)
- France (5.5 tons)
- Czech Republic (4.2 tons)
- Netherlands (4.0 tons)
- United States (3.4 tons)
- Sweden (3.0 tons)
- Italy (1.5 tons)
- Spain (1.0 tons)
- Canada (0.9 tons)
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