Fishing Reels Price in Mexico - 2023

Contents:

1. Fishing Reels Price in Mexico (CIF) - 2022
2. Fishing Reels Price in Mexico (FOB) - 2022
3. Fishing Reels Imports in Mexico
4. Fishing Reels Exports in Mexico

Fishing Reels Price in Mexico (CIF) - 2022

The average fishing reels import price stood at $44,018 per ton in 2022, approximately mirroring the previous year. In general, the import price showed a noticeable downturn. The most prominent rate of growth was recorded in 2014 an increase of 25%. The import price peaked at $60,163 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Japan ($213,250 per ton), while the price for Vietnam ($29,720 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 (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Mexico (FOB) - 2022

In 2022, the average fishing reels export price amounted to $35,691 per ton, reducing by -5.6% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The growth pace was the most rapid in 2021 an increase of 118% against the previous year. As a result, the export price reached the peak level of $37,793 per ton, and then fell in the following year.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Trinidad and Tobago amounted to +14.7% per year.

Fishing Reels Imports in Mexico

In 2022, the amount of fishing reelses imported into Mexico skyrocketed to 36 tons, with an increase of 51% on 2021. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fishing reels imports soared to $1.6M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +11.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +84.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fishing Reels to Mexico in 2022:

1. China (30.6 tons)
2. Malaysia (2.2 tons)
3. Japan (1.0 tons)
4. United States (0.8 tons)
5. Vietnam (0.7 tons)

Fishing Reels Exports in Mexico

In 2022, approx. 498 kg of fishing reelses were exported from Mexico; declining by -38.5% on 2021 figures. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 186% against the previous year. As a result, the exports reached the peak of 810 kg, and then dropped sharply in the following year.

In value terms, fishing reels exports dropped rapidly to $18K in 2022. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 523%. As a result, the exports attained the peak of $31K, and then contracted markedly in the following year.

Top Export Markets for Fishing Reels from Mexico in 2022:

1. Canada (498.0 kg)

Source: IndexBox Market Intelligence Platform