Price for Fish-Hooks; Whether or Not Snelled in Belgium - 2023

Price for Fish-Hooks; Whether or Not Snelled in Belgium (CIF) - 2023

The average import price for fish-hooks; whether or not snelleds stood at $16,931 per ton in July 2023, reducing by -57.8% against the previous month. In general, the import price recorded a abrupt curtailment. The pace of growth was the most pronounced in September 2022 an increase of 91% against the previous month. As a result, import price attained the peak level of $86,814 per ton. From October 2022 to July 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Madagascar ($135K per ton), while the price for the Netherlands ($4,572 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Madagascar (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Fish-Hooks; Whether or Not Snelled in Belgium (FOB) - 2022

The average export price for fish-hooks; whether or not snelleds stood at $117,134 per ton in 2022, increasing by 33% against the previous year. Overall, the export price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 75% against the previous year. The export price peaked at $129,335 per ton in 2018; however, from 2019 to 2022, the 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 Austria ($244,858 per ton), while the average price for exports to Hong Kong SAR ($32,549 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 France (+17.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish-Hooks; Whether or Not Snelled in Belgium

In 2022, purchases abroad of fish-hooks; whether or not snelleds decreased by -16.1% to 45 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.9% 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 +29.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of 54 tons, and then reduced sharply in the following year.

In value terms, fish-hooks; whether or not snelled imports shrank to $2.2M in 2022. Over the period under review, imports, however, enjoyed strong growth. The growth pace was the most rapid in 2021 when imports increased by 65% against the previous year. As a result, imports attained the peak of $2.6M, and then reduced in the following year.

Import of Fish-Hooks; Whether or Not Snelled in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	294	435	565	818	40.6%
France	573	788	1,448	456	-7.3%
Madagascar	338	49.9	298	448	9.8%
Taiwan (Chinese)	N/A	N/A	0.1	378	377900.0%
Netherlands	19.7	7.2	37.7	14.3	-10.1%
United Kingdom	86.8	233	18.2	10.9	-49.9%
Hong Kong SAR	18.8	N/A	32.1	N/A	30.7%
Others	45.9	48.5	172	95.2	27.5%
Total	1,377	1,562	2,571	2,220	17.3%

Top Suppliers of Fish-Hooks; Whether or Not Snelled to Belgium in 2022:

Hong Kong SAR (undefined tons)
China (29.6 tons)
Madagascar (4.5 tons)
Taiwan (Chinese) (4.3 tons)
France (4.2 tons)
Netherlands (1.6 tons)
United Kingdom (0.2 tons)

Exports of Fish-Hooks; Whether or Not Snelled in Belgium

In 2022, overseas shipments of fish-hooks; whether or not snelleds decreased by -41.5% to 16 tons, falling for the second consecutive year after two years of growth. Overall, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 155% against the previous year. As a result, the exports reached the peak of 44 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, fish-hooks; whether or not snelled exports contracted markedly to $1.9M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 63%.

Export of Fish-Hooks; Whether or Not Snelled in Belgium (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	255	371	489	504	25.5%
France	173	238	328	318	22.5%
Netherlands	130	245	292	193	14.1%
Poland	76.5	131	167	132	19.9%
Czech Republic	60.5	71.8	119	99.9	18.2%
Italy	45.0	64.7	107	90.8	26.4%
Austria	60.2	95.9	147	86.2	12.7%
United States	2.5	3.6	0.9	78.0	214.8%
Romania	44.4	55.8	102	63.8	12.8%
Slovakia	28.5	48.6	85.3	43.5	15.1%
United Kingdom	147	222	63.6	35.5	-37.7%
Hong Kong SAR	N/A	51.0	60.7	27.3	-26.8%
Malaysia	N/A	218	N/A	N/A	0%
Others	342	411	484	229	-12.5%
Total	1,364	2,228	2,446	1,899	11.7%