Fishing Reels Price in Greece - 2023

Fishing Reels Price in Greece (CIF) - 2022

In 2022, the average fishing reels import price amounted to $31,140 per ton, with an increase of 3.6% against the previous year. Overall, the import price recorded a buoyant expansion. The pace of growth was the most pronounced in 2020 when the average import price increased by 65% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

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 South Korea ($181,712 per ton), while the price for China ($20,600 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Greece (FOB) - 2022

The average fishing reels export price stood at $10,480 per ton in 2022, which is down by -14.8% against the previous year. Over the period under review, the export price saw a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 57%. As a result, the export price reached the peak level of $36,087 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +221.6% per year.

Fishing Reels Imports in Greece

In 2022, fishing reels imports into Greece soared to 27 tons, picking up by 32% against 2021 figures. The total import volume increased at an average annual rate of +6.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 $838K in 2022. Overall, imports enjoyed significant growth. The pace of growth was the most pronounced in 2020 with an increase of 42% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Fishing Reels in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	174	150	288	408	32.9%
Vietnam	N/A	66.5	27.8	113	30.4%
South Korea	12.1	43.5	49.3	84.2	90.9%
Netherlands	83.2	67.9	81.0	66.3	-7.3%
Austria	N/A	N/A	36.3	38.5	6.1%
Poland	0.2	0.9	0.3	32.0	442.9%
Japan	51.7	161	51.8	26.0	-20.5%
Others	51.8	39.4	76.0	70.3	10.7%
Total	372	530	611	838	31.1%

Top Suppliers of Fishing Reels to Greece in 2022:

China (19.8 tons)
Netherlands (2.0 tons)
Austria (1.6 tons)
Vietnam (1.2 tons)
Poland (0.9 tons)
South Korea (0.5 tons)
Japan (0.2 tons)

Fishing Reels Exports in Greece

In 2022, exports of fishing reelses from Greece contracted sharply to 513 kg, which is down by -22% against 2021 figures. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 202% against the previous year. As a result, the exports reached the peak of 658 kg, and then dropped dramatically in the following year.

In value terms, fishing reels exports contracted significantly to $5.4K in 2022. Over the period under review, exports showed a abrupt decline. The growth pace was the most rapid in 2021 when exports increased by 206%. As a result, the exports reached the peak of $8.1K, and then shrank remarkably in the following year.

Export of Fishing Reels in Greece (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Turkey	N/A	N/A	N/A	5.4	0%
Cyprus	0.3	N/A	2.2	N/A	170.8%
United States	5.0	2.2	2.9	N/A	-23.8%
Others	1.5	0.5	3.0	N/A	41.4%
Total	6.9	2.7	8.1	5.4	-7.8%