Price for Fish-Hooks; Whether or Not Snelled in Thailand - 2023
Contents:
- Price for Fish-Hooks; Whether or Not Snelled in Thailand (FOB) - 2022
- Price for Fish-Hooks; Whether or Not Snelled in Thailand (CIF) - 2023
- Exports of Fish-Hooks; Whether or Not Snelled in Thailand
- Imports of Fish-Hooks; Whether or Not Snelled in Thailand
Price for Fish-Hooks; Whether or Not Snelled in Thailand (FOB) - 2022
In 2022, the average export price for fish-hooks; whether or not snelleds amounted to $65,625 per ton, with an increase of 1.6% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The pace of growth was the most pronounced in 2020 when the average export price increased by 39%. Over the period under review, the average export prices attained the peak figure at $112,943 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 the United States ($78,450 per ton), while the average price for exports to Japan ($40,720 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 the United States (-3.2%), while the prices for the other major destinations experienced a decline.
Price for Fish-Hooks; Whether or Not Snelled in Thailand (CIF) - 2023
In September 2023, the average import price for fish-hooks; whether or not snelleds amounted to $29,178 per ton, which is down by -23.1% against the previous month. In general, the import price, however, posted prominent growth. The most prominent rate of growth was recorded in February 2023 an increase of 163% m-o-m. As a result, import price reached the peak level of $58,328 per ton. From March 2023 to September 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was South Korea ($86,549 per ton), while the price for China ($13,318 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish-Hooks; Whether or Not Snelled in Thailand
For the fourth consecutive year, Thailand recorded growth in shipments abroad of fish-hooks; whether or not snelleds, which increased by 3% to 255 tons in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 95% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, fish-hooks; whether or not snelled exports reached $17M in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 43% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
| Export of Fish-Hooks; Whether or Not Snelled in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.7 | 7.8 | 10.7 | 10.7 | 31.6% |
| Japan | 2.2 | 1.9 | 2.5 | 3.0 | 10.9% |
| Netherlands | 0.3 | 0.8 | 1.0 | 1.2 | 58.7% |
| China | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
| Others | 1.0 | 1.2 | 1.6 | 1.5 | 14.5% |
| Total | 8.2 | 11.8 | 16.0 | 16.7 | 26.8% |
Top Export Markets for Fish-Hooks; Whether or Not Snelled from Thailand in 2022:
- United States (136.1 tons)
- Japan (74.8 tons)
- Netherlands (19.1 tons)
- China (4.2 tons)
Imports of Fish-Hooks; Whether or Not Snelled in Thailand
For the fourth consecutive year, Thailand recorded growth in purchases abroad of fish-hooks; whether or not snelleds, which increased by 5.8% to 328 tons in 2022. Overall, imports recorded a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 49% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, fish-hooks; whether or not snelled imports soared to $10M in 2022. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Fish-Hooks; Whether or Not Snelled in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.1 | 3.4 | 5.1 | 5.6 | 38.7% |
| China | 1.4 | 1.2 | 2.3 | 2.8 | 26.0% |
| South Korea | 0.3 | 0.3 | 0.3 | 0.4 | 10.1% |
| Others | 1.1 | 0.7 | 1.0 | 1.1 | 0.0% |
| Total | 4.9 | 5.6 | 8.7 | 10.0 | 26.8% |
Top Suppliers of Fish-Hooks; Whether or Not Snelled to Thailand in 2022:
- China (244.8 tons)
- Japan (70.9 tons)
- South Korea (8.2 tons)
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