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

Contents:

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

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

The average import price for fish-hooks; whether or not snelleds stood at $57,125 per ton in 2022, increasing by 2% against the previous year. Over the period under review, import price indicated prominent growth from 2012 to 2022: its price increased at an average annual rate of +5.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish-hooks; whether or not snelled import price increased by +31.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 21% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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 the Netherlands ($260,438 per ton), while the price for the United Arab Emirates ($8,458 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 (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fish-hooks; whether or not snelleds stood at $53,689 per ton in 2022, falling by -11.7% against the previous year. In general, the export price, however, continues to indicate a noticeable expansion. The pace of growth appeared the most rapid in 2018 an increase of 93%. Over the period under review, the average export prices attained the maximum at $60,791 per ton in 2021, and then shrank in the following year.

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 Austria ($168,000 per ton), while the average price for exports to China ($8,343 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 Austria (+21.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was decline in overseas purchases of fish-hooks; whether or not snelleds, when their volume decreased by -1.5% to 950 kg. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 45%.

In value terms, fish-hooks; whether or not snelled imports totaled $54K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 77%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Fish-Hooks; Whether or Not Snelled in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China15.727.337.626.318.8%
South Korea2.23.39.914.085.3%
NetherlandsN/AN/AN/A4.20%
United Arab Emirates1.55.60.92.111.9%
India2.12.12.81.9-3.3%
France1.00.11.20.8-7.2%
United States0.90.91.20.8-3.9%
Taiwan (Chinese)N/A4.4N/AN/A0%
Others1.50.30.54.342.1%
Total24.944.054.054.329.7%

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

  1. China (396.0 kg)
  2. United Arab Emirates (249.0 kg)
  3. South Korea (210.0 kg)
  4. India (32.0 kg)
  5. Netherlands (16.0 kg)
  6. France (15.0 kg)
  7. United States (15.0 kg)

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

In 2022, the amount of fish-hooks; whether or not snelleds exported from Pakistan soared to 344 kg, jumping by 199% on the previous year's figure. Overall, exports showed a mild increase.

In value terms, fish-hooks; whether or not snelled exports skyrocketed to $18K in 2022. Over the period under review, exports continue to indicate a prominent increase.

Export of Fish-Hooks; Whether or Not Snelled in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States3.39.02.55.014.9%
France0.41.50.61.658.7%
United Kingdom2.03.90.91.6-7.2%
Switzerland3.55.20.81.5-24.6%
Norway1.54.21.71.50.0%
ChileN/AN/AN/A0.40%
ChinaN/AN/AN/A0.30%
South Africa0.40.5N/A0.2-20.6%
Canada0.40.4N/AN/A0.0%
Others2.85.30.56.431.7%
Total14.329.97.018.59.0%

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

  1. United States (52.0 kg)
  2. Switzerland (36.0 kg)
  3. China (35.0 kg)
  4. United Kingdom (25.0 kg)
  5. Norway (21.0 kg)
  6. South Africa (15.0 kg)
  7. France (14.0 kg)
  8. Chile (13.0 kg)
  9. Canada (4.0 kg)

Source: IndexBox Market Intelligence Platform

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