Fishing Reels Price in Uruguay - 2022

Contents:

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

Fishing Reels Price in Uruguay (CIF) - 2022

In 2022, the average fishing reels import price amounted to $15,829 per ton, which is down by -18.1% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.9% 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 +23.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 51%. As a result, import price reached the peak level of $19,322 per ton, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Thailand ($36,954 per ton), while the price for China ($13,261 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Uruguay (FOB) - 2022

The average fishing reels export price stood at $52,563 per ton in 2022, waning by -3.1% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by 12% against the previous year. As a result, the export price reached the peak level of $56,572 per ton. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($71,819 per ton), while the average price for exports to Suriname amounted to $42,623 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Chile (+3.2%).

Fishing Reels Imports in Uruguay

In 2022, the amount of fishing reelses imported into Uruguay expanded rapidly to 27 tons, picking up by 8.2% compared with the year before. The total import volume increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 24%. As a result, imports attained the peak of 29 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, fishing reels imports contracted to $430K in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 29% against the previous year. As a result, imports reached the peak of $486K, and then shrank in the following year.

Import of Fishing Reels in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China296277322286-1.1%
Thailand25.318.145.440.416.9%
Malaysia52.920.143.939.1-9.6%
Paraguay2.038.039.835.4160.6%
Indonesia1.111.821.519.1158.9%
Others17.710.113.510.4-16.2%
Total3953754864302.9%

Top Suppliers of Fishing Reels to Uruguay in 2022:

  1. China (21.6 tons)
  2. Paraguay (1.7 tons)
  3. Indonesia (1.1 tons)
  4. Malaysia (1.1 tons)
  5. Thailand (1.1 tons)

Fishing Reels Exports in Uruguay

In 2022, shipments abroad of fishing reelses decreased by -4.7% to 323 kg for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 19% against the previous year.

In value terms, fishing reels exports dropped to $17K in 2022. The total export value increased at an average annual rate of +10.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22%.

Export of Fishing Reels in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Suriname11.66.96.69.1-7.8%
Chile1.07.88.77.999.2%
PanamaN/A0.93.1N/A244.4%
Brazil0.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total12.715.618.417.010.2%

Top Export Markets for Fishing Reels from Uruguay in 2022:

  1. Suriname (213.0 kg)
  2. Chile (110.0 kg)

Source: IndexBox Market Intelligence Platform

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