Fishing Reels Price in Finland - 2023

Contents:

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

Fishing Reels Price in Finland (CIF) - 2022

In 2022, the average fishing reels import price amounted to $88,026 per ton, growing by 15% against the previous year. In general, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +8.1% 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 +41.3% against 2018 indices. The growth pace was the most rapid in 2014 an increase of 46% against the previous year. The import price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($327,211 per ton), while the price for Estonia ($32,518 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Finland (FOB) - 2022

The average fishing reels export price stood at $157,692 per ton in 2022, with an increase of 22% against the previous year. Over the period under review, export price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +6.5% 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 +17.6% against 2019 indices. The pace of growth appeared the most rapid in 2014 when the average export price increased by 77%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to see gradual growth in the near future.

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 Denmark ($227,521 per ton), while the average price for exports to Estonia ($55,931 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 Denmark (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Imports in Finland

Fishing reels imports into Finland contracted to 92 tons in 2022, falling by -9.3% compared with the previous year. The total import volume increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 45% against the previous year. As a result, imports reached the peak of 101 tons, and then reduced in the following year.

In value terms, fishing reels imports rose to $8.1M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +12.6% 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 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 49% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Fishing Reels to Finland in 2022:

1. Vietnam (30.5 tons)
2. Sweden (21.7 tons)
3. China (18.1 tons)
4. South Korea (5.8 tons)
5. Thailand (5.3 tons)
6. Estonia (3.6 tons)
7. Japan (2.3 tons)

Fishing Reels Exports in Finland

After three years of growth, overseas shipments of fishing reelses decreased by -27.4% to 25 tons in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +10.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when exports increased by 47%.

In value terms, fishing reels exports declined to $4M in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.3% 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 +57.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 38%.

Top Export Markets for Fishing Reels from Finland in 2022:

1. Lithuania (undefined tons)
2. Sweden (11.2 tons)
3. Norway (8.4 tons)
4. Denmark (2.8 tons)
5. Estonia (0.5 tons)
6. United Kingdom (0.5 tons)

Source: IndexBox Market Intelligence Platform