Fishing Reels Price in Spain - 2023

Contents:

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

Fishing Reels Price in Spain (CIF) - 2022

The average fishing reels import price stood at $47,945 per ton in 2022, rising by 33% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2014 when the average import price increased by 37%. The import price peaked at $48,201 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malaysia ($156,207 per ton), while the price for China ($31,140 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+11.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Spain (FOB) - 2022

In 2022, the average fishing reels export price amounted to $51,963 per ton, surging by 36% against the previous year. Over the period under review, the export price, however, recorded a noticeable decrease. The export price peaked at $80,200 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Gibraltar ($157,470 per ton), while the average price for exports to Italy ($33,484 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 Germany (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Imports in Spain

Fishing reels imports into Spain shrank dramatically to 178 tons in 2022, waning by -27.5% compared with the previous year's figure. Overall, imports recorded a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 46% against the previous year. As a result, imports reached the peak of 246 tons, and then fell rapidly in the following year.

In value terms, fishing reels imports fell slightly to $8.5M in 2022. In general, imports saw a pronounced curtailment. The pace of growth was the most pronounced in 2021 with an increase of 22%.

Import of Fishing Reels in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.21.83.03.8166.8%
China4.22.04.43.7-4.1%
Italy0.20.40.30.20.0%
Malaysia1.10.6N/AN/A-45.5%
Finland2.21.0N/AN/A-54.5%
Others1.71.51.10.9-19.1%
Total9.57.28.88.5-3.6%

Top Suppliers of Fishing Reels to Spain in 2022:

  1. China (118.4 tons)
  2. France (45.8 tons)
  3. Italy (4.6 tons)
  4. Malaysia (0.1 tons)

Fishing Reels Exports in Spain

In 2022, fishing reels exports from Spain fell dramatically to 49 tons, which is down by -30.3% against 2021. In general, exports recorded a abrupt decrease. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year.

In value terms, fishing reels exports declined to $2.5M in 2022. Overall, exports continue to indicate a pronounced descent. The pace of growth appeared the most rapid in 2021 with an increase of 40%.

Export of Fishing Reels in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France919363597812-4.0%
Italy3804628644536.0%
Gibraltar11613229638048.5%
Portugal1,069485281242-39.1%
United Kingdom57.411662.210723.1%
Germany36.487.010410542.4%
PanamaN/AN/AN/A48.20%
Poland47.436.572.841.4-4.4%
Romania94.019.834.731.1-30.8%
Others15621736731226.0%
Total2,8751,9182,6792,532-4.1%

Top Export Markets for Fishing Reels from Spain in 2022:

  1. France (18.2 tons)
  2. Italy (13.5 tons)
  3. Portugal (4.6 tons)
  4. United Kingdom (2.5 tons)
  5. Gibraltar (2.4 tons)
  6. Panama (1.1 tons)
  7. Germany (1.1 tons)
  8. Romania (0.6 tons)
  9. Poland (0.6 tons)

Source: IndexBox Market Intelligence Platform

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