Fishing Reels Price in the United Arab Emirates - 2021
Contents:
- Fishing Reels Price in the United Arab Emirates (CIF) - 2022
- Fishing Reels Price in the United Arab Emirates (FOB) - 2022
- Fishing Reels Imports in the United Arab Emirates
- Fishing Reels Exports in the United Arab Emirates
Fishing Reels Price in the United Arab Emirates (CIF) - 2022
The average fishing reels import price stood at $25,131 per ton in 2022, growing by 4.5% against the previous year. Overall, import price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fishing reels import price decreased by -20.0% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the average import price increased by 32% against the previous year. As a result, import price attained the peak level of $31,404 per ton. From 2019 to 2022, the average import prices remained 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 ($136,212 per ton), while the price for India ($780 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Fishing Reels Price in the United Arab Emirates (FOB) - 2022
The average fishing reels export price stood at $31,850 per ton in 2022, reducing by -1.7% against the previous year. In general, the export price showed a abrupt setback. The growth pace was the most rapid in 2014 when the average export price increased by 224% against the previous year. The export price peaked at $62,131 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($211,070 per ton), while the average price for exports to Iran ($7,278 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 Singapore (+436.8%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Reels Imports in the United Arab Emirates
In 2022, purchases abroad of fishing reelses decreased by -18.4% to 155 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 79% against the previous year. As a result, imports reached the peak of 190 tons, and then declined dramatically in the following year.
In value terms, fishing reels imports shrank to $3.9M in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 97% against the previous year.
| Import of Fishing Reels in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Africa | 410 | 6.8 | 5.3 | 1,101 | 39.0% |
| China | 176 | 544 | 1,484 | 941 | 74.9% |
| Japan | 402 | 1,205 | 1,230 | 780 | 24.7% |
| Malaysia | 330 | 787 | 525 | 442 | 10.2% |
| Vietnam | 12.9 | 128 | 344 | 218 | 156.6% |
| South Korea | 27.5 | 80.2 | 53.4 | 43.1 | 16.2% |
| Thailand | 34.0 | 37.6 | 54.7 | 34.7 | 0.7% |
| India | 16.9 | 21.5 | 34.1 | 21.6 | 8.5% |
| Others | 224 | 410 | 834 | 311 | 11.6% |
| Total | 1,634 | 3,221 | 4,566 | 3,893 | 33.6% |
Top Suppliers of Fishing Reels to the United Arab Emirates in 2022:
- China (58.9 tons)
- South Africa (29.1 tons)
- India (27.7 tons)
- Vietnam (9.4 tons)
- Thailand (6.8 tons)
- South Korea (6.2 tons)
- Japan (5.7 tons)
- Malaysia (5.0 tons)
Fishing Reels Exports in the United Arab Emirates
In 2022, the amount of fishing reelses exported from the United Arab Emirates contracted notably to 2.9 tons, declining by -20.4% against the previous year. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +7.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +27.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 61%. As a result, the exports reached the peak of 3.7 tons, and then fell significantly in the following year.
In value terms, fishing reels exports contracted dramatically to $93K in 2022. In general, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +53.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 97% against the previous year. As a result, the exports attained the peak of $119K, and then reduced rapidly in the following year.
| Export of Fishing Reels in the United Arab Emirates (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 10.0 | 11.3 | 22.2 | 24.0 | 33.9% |
| Iraq | 26.7 | 12.7 | 6.6 | 12.8 | -21.7% |
| South Africa | 1.2 | 2.2 | 14.3 | 9.1 | 96.5% |
| Iran | 8.0 | 1.9 | 12.6 | 8.0 | 0.0% |
| Oman | 5.1 | 6.1 | 4.3 | 4.3 | -5.5% |
| France | 2.7 | 0.7 | 3.4 | 2.2 | -6.6% |
| Seychelles | 3.1 | 2.1 | 3.2 | 2.0 | -13.6% |
| Tanzania | N/A | 0.7 | 2.0 | 1.3 | 36.3% |
| China | N/A | N/A | 5.8 | N/A | 0% |
| Others | 21.8 | 22.8 | 44.3 | 29.4 | 10.5% |
| Total | 78.8 | 60.4 | 119 | 92.9 | 5.6% |
Top Export Markets for Fishing Reels from the United Arab Emirates in 2022:
- Iran (1097.0 kg)
- Iraq (964.0 kg)
- Oman (238.0 kg)
- Egypt (113.0 kg)
- South Africa (111.0 kg)
- Tanzania (104.0 kg)
- France (71.0 kg)
- Seychelles (35.0 kg)
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