Fishing Reels Price in Peru - 2021

Contents:

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

Fishing Reels Price in Peru (CIF) - 2022

The average fishing reels import price stood at $15,481 per ton in 2022, approximately reflecting the previous year. In general, the import price continues to indicate a deep reduction. The pace of growth was the most pronounced in 2015 an increase of 27% against the previous year. As a result, import price attained the peak level of $33,820 per ton. From 2016 to 2022, the average import prices failed to regain momentum.

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 Malaysia ($65,972 per ton), while the price for China totaled $13,383 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+7.3%).

Fishing Reels Price in Peru (FOB) - 2022

The average fishing reels export price stood at $74,078 per ton in 2022, with a decrease of -2.9% against the previous year. Over the period under review, the export price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2015 an increase of 71%. Over the period under review, the average export prices hit record highs at $96,481 per ton in 2012; however, from 2013 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 Chile ($77,475 per ton), while the average price for exports to Cuba stood at $9,137 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.

Fishing Reels Imports in Peru

In 2022, the amount of fishing reelses imported into Peru fell notably to 13 tons, shrinking by -31% against the previous year's figure. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 237%. As a result, imports reached the peak of 18 tons, and then shrank dramatically in the following year.

In value terms, fishing reels imports dropped dramatically to $194K in 2022. Over the period under review, imports, however, posted a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 170%. As a result, imports reached the peak of $283K, and then fell significantly in the following year.

Import of Fishing Reels in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China98.577.723316117.8%
Malaysia15.57.419.213.3-5.0%
Others18.519.930.619.92.5%
Total13210528319413.7%

Top Suppliers of Fishing Reels to Peru in 2022:

  1. China (12.0 tons)
  2. Malaysia (0.2 tons)

Fishing Reels Exports in Peru

In 2022, shipments abroad of fishing reelses decreased by -36.5% to 363 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 303%. As a result, the exports reached the peak of 572 kg, and then contracted remarkably in the following year.

In value terms, fishing reels exports contracted significantly to $27K in 2022. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 329%. As a result, the exports attained the peak of $44K, and then reduced remarkably in the following year.

Export of Fishing Reels in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Chile2.87.443.426.7112.1%
Cuba0.30.20.20.2-12.6%
ChinaN/A2.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total3.110.243.626.9105.5%

Top Export Markets for Fishing Reels from Peru in 2022:

  1. Chile (345.0 kg)
  2. Cuba (18.0 kg)

Source: IndexBox Market Intelligence Platform

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