Fishing Reels Price in Bulgaria - 2023

Contents:

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

Fishing Reels Price in Bulgaria (CIF) - 2022

In 2022, the average fishing reels import price amounted to $19,132 per ton, picking up by 3.2% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.1% 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 increased by +94.3% against 2018 indices. The growth pace was the most rapid in 2019 an increase of 56%. Over the period under review, average import prices reached the peak figure at $20,517 per ton in 2013; however, from 2014 to 2022, import prices stood 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 the Netherlands ($102,921 per ton), while the price for China ($5,756 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+14.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Bulgaria (FOB) - 2022

The average fishing reels export price stood at $5,292 per ton in 2022, waning by -87.2% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The pace of growth was the most pronounced in 2020 when the average export price increased by 339%. The export price peaked at $71,912 per ton in 2016; however, from 2017 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 Trinidad and Tobago ($16,084 per ton), while the average price for exports to Bosnia and Herzegovina ($2,607 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 Romania (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Imports in Bulgaria

In 2022, the amount of fishing reelses imported into Bulgaria skyrocketed to 65 tons, jumping by 55% against 2021. Overall, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.2% 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 +59.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, fishing reels imports soared to $1.2M in 2022. In general, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Fishing Reels to Bulgaria in 2022:

1. China (42.2 tons)
2. Poland (9.8 tons)
3. Netherlands (2.5 tons)
4. Germany (1.6 tons)
5. Italy (1.5 tons)
6. Slovakia (1.5 tons)
7. Romania (1.3 tons)
8. Turkey (1.2 tons)
9. Denmark (1.0 tons)

Fishing Reels Exports in Bulgaria

After two years of decline, shipments abroad of fishing reelses increased by 28% to 816 kg in 2022. Over the period under review, exports, however, showed a deep slump.

In value terms, fishing reels exports declined remarkably to $4.3K in 2022. In general, exports, however, recorded a significant contraction. The most prominent rate of growth was recorded in 2020 with an increase of 171%. As a result, the exports attained the peak of $34K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Top Export Markets for Fishing Reels from Bulgaria in 2022:

1. Ukraine (424.0 kg)
2. Montenegro (236.0 kg)
3. Romania (113.0 kg)
4. Trinidad and Tobago (28.0 kg)
5. Bosnia and Herzegovina (14.0 kg)

Source: IndexBox Market Intelligence Platform