Fishing Reels Price in Chile - 2023

Fishing Reels Price in Chile (CIF) - 2022

In 2022, the average fishing reels import price amounted to $70,151 per ton, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2020 an increase of 17%. As a result, import price attained the peak level of $71,291 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Peru ($70,347 per ton) and the United States ($70,345 per ton), while the price for Malaysia ($63,931 per ton) and China ($70,327 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Chile (FOB) - 2022

The average fishing reels export price stood at $75,572 per ton in 2022, reducing by -3.3% against the previous year. Over the last decade, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2014 when the average export price increased by 29%. The export price peaked at $88,726 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Bolivia amounted to +3.7% per year.

Fishing Reels Imports in Chile

In 2022, the amount of fishing reelses imported into Chile soared to 41 tons, jumping by 61% against 2021. Overall, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 139%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, fishing reels imports skyrocketed to $2.9M in 2022. Over the period under review, imports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 137%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Import of Fishing Reels in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	740	488	1,298	2,093	41.4%
United States	72.1	76.3	99.1	160	30.4%
Peru	3.1	10.2	43.6	70.3	183.1%
Malaysia	56.9	24.4	0.3	43.2	-8.8%
Others	63.4	161	361	517	101.3%
Total	935	760	1,802	2,883	45.5%

Top Suppliers of Fishing Reels to Chile in 2022:

China (29.8 tons)
United States (2.3 tons)
Peru (1.0 tons)
Malaysia (0.7 tons)

Fishing Reels Exports in Chile

In 2022, the amount of fishing reelses exported from Chile totaled 563 kg, rising by 4.6% against 2021 figures. Over the period under review, exports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 398% against the previous year.

In value terms, fishing reels exports stood at $43K in 2022. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 450% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Fishing Reels in Chile (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Peru	4.8	3.6	5.4	28.8	81.7%
Spain	N/A	2.5	N/A	N/A	0%
Argentina	5.4	N/A	N/A	N/A	0%
Mexico	16.0	N/A	N/A	N/A	0%
Bolivia	0.8	N/A	34.1	N/A	552.9%
Brazil	12.2	N/A	N/A	N/A	0%
Others	2.9	1.6	2.6	13.7	67.8%
Total	42.2	7.6	42.1	42.5	0.2%