Price for Fish-Hooks; Whether or Not Snelled in Malaysia - 2021
Contents:
- Price for Fish-Hooks; Whether or Not Snelled in Malaysia (CIF) - 2022
- Price for Fish-Hooks; Whether or Not Snelled in Malaysia (FOB) - 2022
- Imports of Fish-Hooks; Whether or Not Snelled in Malaysia
- Exports of Fish-Hooks; Whether or Not Snelled in Malaysia
Price for Fish-Hooks; Whether or Not Snelled in Malaysia (CIF) - 2022
In 2022, the average import price for fish-hooks; whether or not snelleds amounted to $16,138 per ton, falling by -3.4% against the previous year. Over the last decade, it increased at an average annual rate of +1.3%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 39% against the previous year. Over the period under review, average import prices hit record highs at $16,711 per ton in 2021, and then fell slightly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Vietnam ($52,138 per ton), while the price for Singapore ($6,441 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Fish-Hooks; Whether or Not Snelled in Malaysia (FOB) - 2022
The average export price for fish-hooks; whether or not snelleds stood at $15,980 per ton in 2022, falling by -13.3% against the previous year. Over the period under review, the export price continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2017 an increase of 46% against the previous year. The export price peaked at $26,049 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($50,841 per ton), while the average price for exports to Mozambique ($880 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 China (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Fish-Hooks; Whether or Not Snelled in Malaysia
In 2022, fish-hooks; whether or not snelled imports into Malaysia shrank modestly to 239 tons, reducing by -3.3% on the previous year. Over the period under review, imports showed a mild slump. The most prominent rate of growth was recorded in 2021 with an increase of 9.8% against the previous year.
In value terms, fish-hooks; whether or not snelled imports declined to $3.9M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 15% against the previous year. As a result, imports reached the peak of $4.1M, and then fell in the following year.
| Import of Fish-Hooks; Whether or Not Snelled in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,369 | 1,288 | 1,709 | 1,581 | 4.9% |
| South Korea | 715 | 361 | 713 | 727 | 0.6% |
| Japan | 590 | 392 | 321 | 432 | -9.9% |
| Indonesia | 220 | 117 | 421 | 309 | 12.0% |
| Singapore | 110 | 143 | 91.1 | 254 | 32.2% |
| Vietnam | 154 | 402 | 257 | 199 | 8.9% |
| Taiwan (Chinese) | 20.0 | 176 | 126 | 50.3 | 36.0% |
| Others | 304 | 702 | 488 | 301 | -0.3% |
| Total | 3,482 | 3,582 | 4,127 | 3,854 | 3.4% |
Top Suppliers of Fish-Hooks; Whether or Not Snelled to Malaysia in 2022:
- China (89.9 tons)
- Singapore (39.4 tons)
- Japan (38.9 tons)
- Indonesia (28.6 tons)
- South Korea (27.3 tons)
- Taiwan (Chinese) (3.9 tons)
- Vietnam (3.8 tons)
Exports of Fish-Hooks; Whether or Not Snelled in Malaysia
In 2022, after two years of decline, there was significant growth in overseas shipments of fish-hooks; whether or not snelleds, when their volume increased by 10% to 46 tons. In general, exports, however, saw a abrupt descent.
In value terms, fish-hooks; whether or not snelled exports dropped to $737K in 2022. Overall, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 9.7%.
| Export of Fish-Hooks; Whether or Not Snelled in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 125 | 140 | 185 | 161 | 8.8% |
| Thailand | 162 | 26.1 | 16.9 | 50.9 | -32.0% |
| China | 16.1 | 21.8 | 30.0 | 49.2 | 45.1% |
| Singapore | 439 | 129 | 221 | 44.3 | -53.4% |
| United States | 3.7 | 3.9 | 16.3 | 14.2 | 56.6% |
| Japan | 34.2 | 12.7 | 10.1 | 10.5 | -32.5% |
| Brunei Darussalam | 14.5 | 11.4 | 8.0 | 6.9 | -21.9% |
| Australia | 6.0 | 5.6 | 5.4 | 4.8 | -7.2% |
| New Zealand | 13.5 | 4.0 | 1.2 | 4.8 | -29.2% |
| United Arab Emirates | 1.8 | 8.2 | 3.0 | 4.0 | 30.5% |
| Mozambique | N/A | N/A | N/A | 1.2 | 0% |
| Others | 195 | 340 | 274 | 385 | 25.5% |
| Total | 1,011 | 703 | 771 | 737 | -10.0% |
Top Export Markets for Fish-Hooks; Whether or Not Snelled from Malaysia in 2022:
- Indonesia (15.1 tons)
- Thailand (4.6 tons)
- Australia (2.1 tons)
- New Zealand (1.6 tons)
- Singapore (1.5 tons)
- Mozambique (1.3 tons)
- Japan (1.2 tons)
- United States (1.0 tons)
- China (1.0 tons)
- United Arab Emirates (0.9 tons)
- Brunei Darussalam (0.7 tons)
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