Fishing Reels Price in Norway - 2023

Contents:

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

Fishing Reels Price in Norway (CIF) - 2022

In 2022, the average fishing reels import price amounted to $44,279 per ton, with a decrease of -23.4% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 22% against the previous year. Over the period under review, average import prices attained the peak figure at $57,810 per ton in 2021, and then dropped dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($109,007 per ton), while the price for China ($31,078 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Fishing Reels Price in Norway (FOB) - 2022

The average fishing reels export price stood at $83,730 per ton in 2022, declining by -39.6% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2013 when the average export price increased by 67%. Over the period under review, the average export prices attained the peak figure at $162,281 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($206,226 per ton), while the average price for exports to Sweden totaled $72,586 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+20.5%), while the prices for the other major destinations experienced more modest paces of growth.

Fishing Reels Imports in Norway

In 2022, approx. 137 tons of fishing reelses were imported into Norway; with an increase of 30% against the year before. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 46%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, fishing reels imports declined modestly to $6.1M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +22.3% 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 +83.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 47% against the previous year. As a result, imports attained the peak of $6.1M, leveling off in the following year.

Top Suppliers of Fishing Reels to Norway in 2022:

1. China (85.1 tons)
2. Sweden (24.0 tons)
3. Finland (9.3 tons)
4. Malaysia (6.5 tons)
5. South Korea (2.9 tons)
6. United States (2.6 tons)
7. Taiwan (Chinese) (2.1 tons)

Fishing Reels Exports in Norway

For the third consecutive year, Norway recorded decline in shipments abroad of fishing reelses, which decreased by -1.3% to 534 kg in 2022. Over the period under review, exports recorded a precipitous curtailment.

In value terms, fishing reels exports contracted markedly to $45K in 2022. In general, exports showed a sharp contraction. The smallest decline of -19.9% was in 2021.

Top Export Markets for Fishing Reels from Norway in 2022:

1. Sweden (500.0 kg)
2. United States (26.0 kg)

Source: IndexBox Market Intelligence Platform