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

Contents:

  1. Price for Fish-Hooks; Whether or Not Snelled in Finland (CIF) - 2023
  2. Price for Fish-Hooks; Whether or Not Snelled in Finland (FOB) - 2022
  3. Imports of Fish-Hooks; Whether or Not Snelled in Finland
  4. Exports of Fish-Hooks; Whether or Not Snelled in Finland

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

The average import price for fish-hooks; whether or not snelleds stood at $77,042 per ton in July 2023, declining by -8% against the previous month. Overall, the import price, however, saw perceptible growth. The growth pace was the most rapid in June 2023 when the average import price increased by 82% m-o-m. As a result, import price attained the peak level of $83,698 per ton, and then contracted in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($448K per ton), while the price for Sri Lanka ($13,280 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 Japan (+19.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fish-hooks; whether or not snelleds amounted to $43,933 per ton, growing by 3.2% against the previous year. Over the period under review, the export price, however, recorded a noticeable contraction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 75% against the previous year. Over the period under review, the average export prices hit record highs at $77,846 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($136,848 per ton), while the average price for exports to Estonia ($27,560 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 Norway (+8.7%), while the prices for the other major destinations experienced mixed trend patterns.

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

Fish-hooks; whether or not snelled imports into Finland declined dramatically to 54 tons in 2022, with a decrease of -18% against the year before. In general, imports showed a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 11%.

In value terms, fish-hooks; whether or not snelled imports contracted to $2M in 2022. Over the period under review, imports recorded a pronounced curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 19% against the previous year. As a result, imports attained the peak of $2.3M, and then shrank in the following year.

Import of Fish-Hooks; Whether or Not Snelled in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1691,1791,4011,2381.9%
Estonia30223750745214.4%
Germany3.418.010.266.5169.4%
Sweden75.193.275.236.6-21.3%
Denmark29040.41.80.5-88.0%
Others360369306246-11.9%
Total2,2001,9372,3012,040-2.5%

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

  1. Denmark (undefined tons)
  2. China (40.9 tons)
  3. Estonia (9.5 tons)
  4. Germany (1.4 tons)
  5. Sweden (0.3 tons)

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

In 2022, exports of fish-hooks; whether or not snelleds from Finland skyrocketed to 18 tons, with an increase of 43% on 2021 figures. The total export volume increased at an average annual rate of +8.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fish-hooks; whether or not snelled exports soared to $808K in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fish-Hooks; Whether or Not Snelled in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden23032024738418.6%
Russia29111491.4202-11.5%
Norway25.545.080.811665.7%
Estonia13.224.464.717.610.1%
Denmark10.625.316.210.70.3%
Others12.036.347.077.886.5%
Total58256454880811.6%

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

  1. Sweden (13.9 tons)
  2. Russia (1.5 tons)
  3. Norway (1.4 tons)
  4. Estonia (0.6 tons)
  5. Denmark (0.2 tons)

Source: IndexBox Market Intelligence Platform

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