Fishing Reels Price in Japan - 2023

Contents:

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

Fishing Reels Price in Japan (FOB) - 2022

The average fishing reels export price stood at $75,505 per ton in 2022, waning by -3.3% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fishing reels export price increased by +9.4% against 2019 indices. The pace of growth was the most pronounced in 2015 an increase of 24%. Over the period under review, the average export prices reached the maximum at $88,290 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Singapore ($76,308 per ton) and Australia ($75,994 per ton), while the average price for exports to Hong Kong SAR ($70,173 per ton) and France ($70,485 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Price in Japan (CIF) - 2022

The average fishing reels import price stood at $96,528 per ton in 2022, flattening at the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.5%. The most prominent rate of growth was recorded in 2015 when the average import price increased by 14% against the previous year. The import price peaked at $108,014 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 Thailand ($276,556 per ton), while the price for China ($63,704 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Exports in Japan

Fishing reels exports from Japan surged to 2.3K tons in 2022, rising by 29% on the previous year's figure. The total export volume increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fishing reels exports soared to $172M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +15.2% 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 +52.9% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Fishing Reels in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China25.934.436.144.219.5%
United States17.317.623.428.718.4%
South Korea16.412.516.219.86.5%
Netherlands4.05.910.312.747.0%
Australia5.57.19.011.126.4%
Taiwan (Chinese)7.57.88.210.010.1%
Malaysia5.76.96.37.610.1%
Singapore4.84.75.16.39.5%
Hong Kong SAR8.33.24.26.3-8.8%
Thailand2.33.32.83.413.9%
New Zealand1.71.72.73.324.7%
France3.12.61.73.0-1.1%
Germany1.72.71.32.310.6%
Others8.49.510.913.617.4%
Total11312013817215.0%

Top Export Markets for Fishing Reels from Japan in 2022:

  1. China (581.8 tons)
  2. United States (377.7 tons)
  3. South Korea (260.7 tons)
  4. Netherlands (166.6 tons)
  5. Australia (145.7 tons)
  6. Taiwan (Chinese) (132.1 tons)
  7. Malaysia (105.9 tons)
  8. Hong Kong SAR (90.3 tons)
  9. Singapore (82.0 tons)
  10. Thailand (47.0 tons)
  11. New Zealand (43.6 tons)
  12. France (42.5 tons)
  13. Germany (32.2 tons)

Fishing Reels Imports in Japan

After three years of growth, supplies from abroad of fishing reelses decreased by -8.7% to 1.2K tons in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +13.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.2% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 1.3K tons, and then dropped in the following year.

In value terms, fishing reels imports shrank to $114M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of $126M, and then reduced in the following year.

Import of Fishing Reels in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia32.836.846.141.68.2%
China26.931.336.132.66.6%
Thailand10.011.420.118.121.9%
Vietnam12.013.317.315.69.1%
South Korea4.74.74.24.1-4.5%
Others0.70.92.01.837.0%
Total87.198.41261149.4%

Top Suppliers of Fishing Reels to Japan in 2022:

  1. China (512.2 tons)
  2. Malaysia (388.8 tons)
  3. Vietnam (186.1 tons)
  4. Thailand (65.5 tons)
  5. South Korea (21.0 tons)

Source: IndexBox Market Intelligence Platform

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