Fishing Reels Price in Russia - 2022

Contents:

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

Fishing Reels Price in Russia (CIF) - 2022

In 2022, the average fishing reels import price amounted to $30,390 per ton, falling by -17.6% against the previous year. In general, the import price, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 143%. The import price peaked at $36,887 per ton in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($295,786 per ton), while the price for China ($11,030 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+29.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Russia (FOB) - 2022

In 2022, the average fishing reels export price amounted to $31,649 per ton, picking up by 11% against the previous year. Over the period under review, export price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +7.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fishing reels export price increased by +25.0% against 2020 indices. The pace of growth appeared the most rapid in 2015 when the average export price increased by 35% against the previous year. Over the period under review, the average export prices attained the maximum in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($69,586 per ton), while the average price for exports to Ukraine ($12,581 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 Belarus (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Imports in Russia

In 2022, fishing reels imports into Russia declined dramatically to 95 tons, shrinking by -20.2% compared with the previous year. Over the period under review, imports faced a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 68%.

In value terms, fishing reels imports declined rapidly to $2.9M in 2022. Overall, imports faced a sharp descent. The most prominent rate of growth was recorded in 2021 with an increase of 218% against the previous year.

Import of Fishing Reels in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SARN/A64.698.91,479378.5%
China6,585567895740-51.7%
Ukraine1,544N/A19.1577-28.0%
Japan15945145668.6-24.4%
Belarus2,37819.210321.9-79.0%
Others1,6162782,821N/A32.1%
Total12,2821,3804,3922,886-38.3%

Top Suppliers of Fishing Reels to Russia in 2022:

  1. China (67.1 tons)
  2. Ukraine (15.3 tons)
  3. Japan (5.9 tons)
  4. Hong Kong SAR (5.0 tons)
  5. Belarus (1.7 tons)

Fishing Reels Exports in Russia

In 2022, after three years of growth, there was significant decline in overseas shipments of fishing reelses, when their volume decreased by -17.8% to 9.2 tons. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 477% against the previous year.

In value terms, fishing reels exports contracted to $291K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 451%.

Export of Fishing Reels in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan1.361.679.9179416.4%
Belarus41.417819286.327.7%
BulgariaN/A0.54.721.4554.2%
MongoliaN/AN/A0.43.4750.0%
Ukraine1.912.024.00.9-22.0%
Estonia3.210.314.2N/A110.7%
OthersN/A0.53.6N/A620.0%
Total47.726331929182.7%

Top Export Markets for Fishing Reels from Russia in 2022:

  1. Kazakhstan (7.2 tons)
  2. Belarus (1.2 tons)
  3. Bulgaria (0.5 tons)
  4. Mongolia (0.2 tons)
  5. Ukraine (0.1 tons)

Source: IndexBox Market Intelligence Platform

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