Price for Fish-Hooks; Whether or Not Snelled in Singapore - 2022

Contents:

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

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

The average export price for fish-hooks; whether or not snelleds stood at $122K per ton in September 2022, jumping by 176% against the previous month. Overall, the export price recorded a tangible increase. The most prominent rate of growth was recorded in June 2022 when the average export price increased by 381% against the previous month. As a result, the export price reached the peak level of $281K per ton. From July 2022 to September 2022, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Indonesia ($341K per ton), while the average price for exports to Malaysia ($11,599 per ton) was amongst the lowest.

From September 2021 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+12.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for fish-hooks; whether or not snelleds amounted to $47,830 per ton, declining by -1.7% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2021 when the average import price increased by 21% against the previous year. As a result, import price reached the peak level of $48,651 per ton, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($63,577 per ton), while the price for Myanmar ($926 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, shipments abroad of fish-hooks; whether or not snelleds decreased by -10.8% to 73 tons, falling for the second year in a row after two years of growth. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 15%. As a result, the exports attained the peak of 83 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, fish-hooks; whether or not snelled exports dropped rapidly to $4.1M in 2022. Overall, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 40%.

Export of Fish-Hooks; Whether or Not Snelled in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Indonesia2,5382,5192,8682,7783.1%
Malaysia3754995263760.1%
United States2897041,066234-6.8%
Taiwan (Chinese)72.896.926315528.6%
South Korea34397.8166150-24.1%
France1541,9041,03484.2-18.2%
South Africa39229.766.558.2-47.0%
Others493658858261-19.1%
Total4,6566,5096,8484,096-4.2%

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

  1. Indonesia (53.4 tons)
  2. Malaysia (5.2 tons)
  3. United States (4.4 tons)
  4. South Korea (1.8 tons)
  5. France (1.7 tons)
  6. Taiwan (Chinese) (1.5 tons)
  7. South Africa (0.7 tons)

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

In 2022, overseas purchases of fish-hooks; whether or not snelleds decreased by -24.4% to 98 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2020 with an increase of 12%.

In value terms, fish-hooks; whether or not snelled imports fell dramatically to $4.7M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 31%. As a result, imports attained the peak of $6.3M, and then reduced sharply in the following year.

Import of Fish-Hooks; Whether or Not Snelled in Singapore (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,6511,4301,8882,30711.8%
China1,8259071,9301,418-8.1%
Indonesia7631,9892,022536-11.1%
France27.694.619912967.2%
South Korea63.414099.793.713.9%
Malaysia86.357.349.976.3-4.0%
MyanmarN/AN/AN/A10.00%
Others19315587.596.6-20.6%
Total4,6094,7746,2764,6670.4%

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

  1. Japan (36.3 tons)
  2. China (28.2 tons)
  3. Indonesia (13.7 tons)
  4. Myanmar (10.8 tons)
  5. France (3.4 tons)
  6. Malaysia (1.9 tons)
  7. South Korea (1.9 tons)

Source: IndexBox Market Intelligence Platform

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