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

Contents:

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

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

In July 2023, the average import price for fish-hooks; whether or not snelleds amounted to $101K per ton, picking up by 168% against the previous month. Overall, the import price posted a prominent increase. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 185% against the previous month. Over the period under review, average import prices hit record highs in July 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($151K per ton), while the price for France ($37,593 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 China (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish-Hooks; Whether or Not Snelled in Italy (FOB) - 2023

The average export price for fish-hooks; whether or not snelleds stood at $78,684 per ton in July 2023, with an increase of 7.5% against the previous month. In general, the export price recorded a notable expansion. The most prominent rate of growth was recorded in February 2023 when the average export price increased by 92% against the previous month. As a result, the export price attained the peak level of $109K per ton. From March 2023 to July 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was the United States ($150K per ton), while the average price for exports to Romania ($13,032 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Montenegro (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 110 tons of fish-hooks; whether or not snelleds were imported into Italy; surging by 9.4% against 2021 figures. The total import volume increased at an average annual rate of +14.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 42% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, fish-hooks; whether or not snelled imports reduced to $4.1M in 2022. The total import value increased at an average annual rate of +10.6% over the period 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 imports increased by 25% against the previous year.

Import of Fish-Hooks; Whether or Not Snelled in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8288411,1321,68926.8%
South Korea4883354785685.2%
Japan536827880505-2.0%
France672720645397-16.1%
Spain52.049.851.023364.9%
Netherlands2.9597674213318.8%
Serbia59.790.152.221.2-29.2%
India34.616.725.71.6-64.1%
Others3643144454829.8%
Total3,0363,7924,3834,11010.6%

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

  1. China (66.0 tons)
  2. South Korea (20.0 tons)
  3. France (8.4 tons)
  4. Spain (3.5 tons)
  5. Netherlands (3.3 tons)
  6. Japan (2.5 tons)
  7. Serbia (0.6 tons)
  8. India (0.1 tons)

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

In 2022, overseas shipments of fish-hooks; whether or not snelleds decreased by -37.1% to 27 tons, falling for the second year in a row after two years of growth. In general, exports recorded a precipitous decrease. The growth pace was the most rapid in 2020 when exports increased by 7.3%. As a result, the exports attained the peak of 59 tons. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, fish-hooks; whether or not snelled exports shrank sharply to $1.4M in 2022. Over the period under review, exports recorded a drastic downturn. The smallest decline of -1% was in 2020.

Export of Fish-Hooks; Whether or Not Snelled in Italy (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KyrgyzstanN/AN/AN/A3480%
Spain270249263222-6.3%
France180147165107-15.9%
Croatia13211210474.5-17.4%
Germany14412913762.8-24.2%
Greece58.566.887.637.2-14.0%
Malta46.435.060.228.6-14.9%
Montenegro20.015.625.722.84.5%
Romania11285.018.720.3-43.4%
Cyprus36.69.610.116.7-23.0%
Norway31.92.93.014.7-22.8%
Tunisia69.993.544.213.3-42.5%
CanadaN/A8.95.110.69.1%
Others1,1791,3031,090408-29.8%
Total2,2802,2562,0141,387-15.3%

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

  1. Spain (6.8 tons)
  2. France (2.5 tons)
  3. Tunisia (2.3 tons)
  4. Kyrgyzstan (2.2 tons)
  5. Greece (1.5 tons)
  6. Montenegro (1.4 tons)
  7. Canada (1.2 tons)
  8. Croatia (0.9 tons)
  9. Malta (0.8 tons)
  10. Germany (0.8 tons)
  11. Norway (0.7 tons)
  12. Romania (0.6 tons)
  13. Cyprus (0.4 tons)

Source: IndexBox Market Intelligence Platform

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