Fishing Reels Price in the United States - 2023
Contents:
- Fishing Reels Price in the United States (CIF) - 2022
- Fishing Reels Price in the United States (FOB) - 2022
- Fishing Reels Imports in the United States
- Fishing Reels Exports in the United States
Fishing Reels Price in the United States (CIF) - 2022
The average fishing reels import price stood at $43,237 per ton in 2022, picking up by 25% against the previous year. Overall, the import price, however, saw a slight reduction. Over the period under review, average import prices hit record highs at $64,802 per ton in 2019; however, from 2020 to 2022, import prices remained at a 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 ($540,953 per ton), while the price for China ($30,799 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+26.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Fishing Reels Price in the United States (FOB) - 2022
The average fishing reels export price stood at $426,105 per ton in 2022, rising by 27% against the previous year. In general, the export price posted significant growth. The pace of growth appeared the most rapid in 2020 when the average export price increased by 184% against the previous year. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the immediate term.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($782,760 per ton), while the average price for exports to China ($101,029 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 (+31.0%), while the prices for the other major destinations experienced more modest paces of growth.
Fishing Reels Imports in the United States
In 2022, after three years of growth, there was significant decline in overseas purchases of fishing reelses, when their volume decreased by -16.4% to 10K tons. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 134% against the previous year. As a result, imports attained the peak of 12K tons, and then dropped notably in the following year.
In value terms, fishing reels imports reached $433M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +16.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +55.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Fishing Reels in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 174 | 185 | 276 | 270 | 15.8% |
| Malaysia | 40.0 | 36.4 | 48.6 | 60.3 | 14.7% |
| South Korea | 24.7 | 26.8 | 34.3 | 38.4 | 15.8% |
| Vietnam | 7.2 | 8.1 | 8.8 | 15.9 | 30.2% |
| Others | 31.9 | 29.7 | 46.0 | 48.7 | 15.1% |
| Total | 278 | 285 | 414 | 433 | 15.9% |
Top Suppliers of Fishing Reels to the United States in 2022:
- China (8.8K tons)
- Malaysia (0.5K tons)
- Vietnam (0.3K tons)
- South Korea (0.2K tons)
Fishing Reels Exports in the United States
For the third year in a row, the United States recorded decline in overseas shipments of fishing reelses, which decreased by -27.3% to 74 tons in 2022. Over the period under review, exports faced a dramatic decline. The smallest decline of -21.6% was in 2021.
In value terms, fishing reels exports dropped to $32M in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $34M, and then contracted in the following year.
| Export of Fishing Reels in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 16.0 | 15.0 | 21.5 | 20.0 | 7.7% |
| China | 0.8 | 1.0 | 1.0 | 2.2 | 40.1% |
| Poland | 1.4 | 1.8 | 1.7 | 0.8 | -17.0% |
| United Kingdom | 0.6 | 0.4 | 0.4 | 0.8 | 10.1% |
| Australia | 0.9 | 0.9 | 1.1 | 0.7 | -8.0% |
| Japan | 0.6 | 1.0 | 0.9 | 0.5 | -5.9% |
| Iceland | 0.1 | N/A | N/A | 0.4 | 58.7% |
| Sweden | 1.1 | 0.6 | 0.9 | 0.3 | -35.2% |
| Others | 5.4 | 4.7 | 6.6 | 5.9 | 3.0% |
| Total | 26.9 | 25.6 | 34.2 | 31.7 | 5.6% |
Top Export Markets for Fishing Reels from the United States in 2022:
- Canada (32.5 tons)
- China (21.9 tons)
- Iceland (1.9 tons)
- United Kingdom (1.3 tons)
- Japan (1.3 tons)
- Australia (1.0 tons)
- Poland (0.9 tons)
- Sweden (0.4 tons)
479
This report provides an in-depth analysis of the fishing rod market in the U.S..
628
This report provides an in-depth analysis of the global fishing rod market.
479
This report provides an in-depth analysis of the fishing rod market in the U.S..
628
This report provides an in-depth analysis of the global fishing rod market.
401
In July 2022, the fishing rod price per ton stood at $3,655, falling by -3.3% against the previous month.
401
In July 2022, the fishing rod price per ton stood at $3,655, falling by -3.3% against the previous month.
1035
In 2016, the global fishing rod imports totaled X tons, approximately reflecting the previous year level. In general, fishing rod imports continue to indicate a relatively flat trend pattern. The...
1014
In 2016, the global fishing rod imports totaled X tons, approximately reflecting the previous year level. In general, fishing rod imports continue to indicate a relatively flat trend pattern. The...
