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

Contents:

1. Price for Fish-Hooks; Whether or Not Snelled in Bulgaria (CIF) - 2022
2. Price for Fish-Hooks; Whether or Not Snelled in Bulgaria (FOB) - 2022
3. Imports of Fish-Hooks; Whether or Not Snelled in Bulgaria
4. Exports of Fish-Hooks; Whether or Not Snelled in Bulgaria

Price for Fish-Hooks; Whether or Not Snelled in Bulgaria (CIF) - 2022

In 2022, the average import price for fish-hooks; whether or not snelleds amounted to $34,869 per ton, with an increase of 20% against the previous year. Over the period under review, the import price, however, continues to indicate a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of 34%. Over the period under review, average import prices reached the peak figure at $62,203 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($118,838 per ton), while the price for Spain ($4,941 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fish-hooks; whether or not snelleds amounted to $27,229 per ton, which is down by -65.5% against the previous year. Over the period under review, the export price showed a deep downturn. The growth pace was the most rapid in 2017 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices attained the peak figure at $138,658 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

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 the Netherlands ($143,709 per ton), while the average price for exports to Latvia ($2,052 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 Ukraine (+67.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth year in a row, Bulgaria recorded growth in overseas purchases of fish-hooks; whether or not snelleds, which increased by 10% to 79 tons in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 when imports increased by 129%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, fish-hooks; whether or not snelled imports soared to $2.8M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 102% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. Netherlands (14.1 tons)
2. Italy (13.2 tons)
3. China (13.1 tons)
4. Belgium (12.4 tons)
5. Hungary (6.8 tons)
6. Germany (5.5 tons)
7. Japan (3.2 tons)
8. Spain (2.4 tons)
9. France (2.2 tons)
10. Romania (1.7 tons)
11. South Korea (0.8 tons)

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

For the fourth year in a row, Bulgaria recorded growth in overseas shipments of fish-hooks; whether or not snelleds, which increased by 85% to 33 tons in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 225%. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, fish-hooks; whether or not snelled exports shrank markedly to $908K in 2022. In general, exports continue to indicate resilient growth. The pace of growth was the most pronounced in 2020 when exports increased by 137%.

Top Export Markets for Fish-Hooks; Whether or Not Snelled from Bulgaria in 2022:

1. Hungary (16.6 tons)
2. Latvia (7.3 tons)
3. Italy (2.6 tons)
4. Netherlands (1.4 tons)
5. Czech Republic (1.3 tons)
6. Poland (1.1 tons)
7. Ukraine (0.7 tons)

Source: IndexBox Market Intelligence Platform