Price for Fish-Hooks; Whether or Not Snelled in Morocco - 2022

Contents:

  1. Price for Fish-Hooks; Whether or Not Snelled in Morocco (CIF) - 2022
  2. Price for Fish-Hooks; Whether or Not Snelled in Morocco (FOB) - 2022
  3. Imports of Fish-Hooks; Whether or Not Snelled in Morocco
  4. Exports of Fish-Hooks; Whether or Not Snelled in Morocco

Price for Fish-Hooks; Whether or Not Snelled in Morocco (CIF) - 2022

In 2022, the average import price for fish-hooks; whether or not snelleds amounted to $23,597 per ton, growing by 14% against the previous year. Overall, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +4.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish-hooks; whether or not snelled import price increased by +79.7% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 39%. Over the period under review, average import prices reached the peak figure in 2022 and is likely to see steady growth in years to come.

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 ($72,087 per ton), while the price for Spain ($9,566 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish-Hooks; Whether or Not Snelled in Morocco (FOB) - 2022

The average export price for fish-hooks; whether or not snelleds stood at $41,826 per ton in 2022, growing by 41% against the previous year. Overall, the export price, however, saw a noticeable descent. The most prominent rate of growth was recorded in 2013 when the average export price increased by 71% against the previous year. As a result, the export price attained the peak level of $94,458 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Switzerland amounted to +140.7% per year.

Imports of Fish-Hooks; Whether or Not Snelled in Morocco

For the third year in a row, Morocco recorded decline in supplies from abroad of fish-hooks; whether or not snelleds, which decreased by -4.4% to 42 tons in 2022. In general, imports showed a abrupt decline.

In value terms, fish-hooks; whether or not snelled imports expanded significantly to $981K in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 21% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Fish-Hooks; Whether or Not Snelled in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13426627838742.4%
France15814413725717.6%
South Korea31394.8222199-14.0%
Japan38.850.918777.325.8%
Spain42.417.556.749.45.2%
VietnamN/A60.2N/AN/A0%
Portugal18796.1N/AN/A-48.6%
Others28.511.416.110.6-28.1%
Total9017418979812.9%

Top Suppliers of Fish-Hooks; Whether or Not Snelled to Morocco in 2022:

  1. China (16.5 tons)
  2. South Korea (14.5 tons)
  3. Spain (5.2 tons)
  4. France (4.2 tons)
  5. Japan (1.1 tons)

Exports of Fish-Hooks; Whether or Not Snelled in Morocco

In 2022, fish-hooks; whether or not snelled exports from Morocco reduced to 23 kg, waning by -4.2% against the previous year. In general, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 9.1% against the previous year.

In value terms, fish-hooks; whether or not snelled exports surged to $962 in 2022. Over the period under review, exports saw a abrupt shrinkage.

Export of Fish-Hooks; Whether or Not Snelled in Morocco (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland3.0N/AN/A962584.5%
SpainN/AN/A207N/A0%
Cote d'Ivoire1,4061,160N/AN/A-17.5%
Ghana305N/AN/AN/A0%
OthersN/A53.0505N/A852.8%
Total1,7141,213712962-17.5%

Top Export Markets for Fish-Hooks; Whether or Not Snelled from Morocco in 2022:

  1. Switzerland (23.0 kg)

Source: IndexBox Market Intelligence Platform

Store
Blog
Event
Free Data: Fish-hooks; whether or not snelled - Morocco