Fishing Reels Price in Denmark - 2023
Contents:
- Fishing Reels Price in Denmark (CIF) - 2022
- Fishing Reels Price in Denmark (FOB) - 2022
- Fishing Reels Imports in Denmark
- Fishing Reels Exports in Denmark
Fishing Reels Price in Denmark (CIF) - 2022
In 2022, the average fishing reels import price amounted to $62,550 per ton, jumping by 41% against the previous year. Over the period under review, import price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($244,095 per ton), while the price for China ($31,141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Fishing Reels Price in Denmark (FOB) - 2022
The average fishing reels export price stood at $34,079 per ton in 2022, waning by -3.6% against the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2018 when the average export price increased by 16%. The export price peaked at $76,639 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($75,122 per ton), while the average price for exports to New Zealand ($8,578 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 Norway (+3.5%), while the prices for the other major destinations experienced mixed trend patterns.
Fishing Reels Imports in Denmark
In 2022, overseas purchases of fishing reelses decreased by -54.3% to 102 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 154% against the previous year. As a result, imports reached the peak of 224 tons, and then shrank rapidly in the following year.
In value terms, fishing reels imports fell remarkably to $6.4M in 2022. In general, imports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 112% against the previous year. As a result, imports attained the peak of $9.9M, and then declined significantly in the following year.
| Import of Fishing Reels in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 0.4 | 0.8 | 1.6 | 1.4 | 51.8% |
| South Korea | 0.1 | 0.1 | 0.2 | 1.4 | 141.0% |
| China | 1.1 | 1.0 | 4.7 | 1.3 | 5.7% |
| Netherlands | N/A | 0.3 | 1.0 | 1.0 | 82.6% |
| Finland | N/A | N/A | 0.2 | 0.7 | 250.0% |
| Sweden | 1.8 | 1.9 | 1.8 | 0.5 | -34.8% |
| Others | 0.4 | 0.6 | 0.5 | 0.2 | -20.6% |
| Total | 3.8 | 4.7 | 9.9 | 6.4 | 19.0% |
Top Suppliers of Fishing Reels to Denmark in 2022:
- China (42.6 tons)
- Poland (25.4 tons)
- Finland (11.5 tons)
- Sweden (10.1 tons)
- South Korea (5.6 tons)
- Netherlands (4.2 tons)
Fishing Reels Exports in Denmark
After three years of growth, shipments abroad of fishing reelses decreased by -9.3% to 12 tons in 2022. Overall, exports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 213%. As a result, the exports reached the peak of 13 tons, and then contracted in the following year.
In value terms, fishing reels exports declined to $398K in 2022. Over the period under review, exports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2021 when exports increased by 109% against the previous year. As a result, the exports attained the peak of $455K, and then dropped in the following year.
| Export of Fishing Reels in Denmark (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Faroe Islands | 28.9 | 31.8 | 66.0 | 85.2 | 43.4% |
| Sweden | 56.7 | 43.5 | 77.4 | 67.3 | 5.9% |
| Germany | 27.6 | 39.2 | 26.0 | 51.4 | 23.0% |
| Ireland | 3.3 | 23.2 | 90.2 | 49.5 | 146.6% |
| New Zealand | N/A | N/A | 10.1 | 30.1 | 198.0% |
| Estonia | 1.8 | 3.0 | 3.3 | 20.9 | 126.4% |
| Greenland | 14.3 | 0.5 | 7.4 | 18.8 | 9.5% |
| Norway | 73.3 | 49.0 | 113 | 15.0 | -41.1% |
| Others | 51.1 | 26.9 | 61.6 | 59.4 | 5.1% |
| Total | 257 | 217 | 455 | 398 | 15.7% |
Top Export Markets for Fishing Reels from Denmark in 2022:
- New Zealand (3.5 tons)
- Ireland (1.6 tons)
- Germany (1.4 tons)
- Faroe Islands (1.2 tons)
- Sweden (1.1 tons)
- Greenland (1.0 tons)
- Estonia (0.6 tons)
- Norway (0.2 tons)
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