Fishing Reels Price in Pakistan - 2023
Contents:
- Fishing Reels Price in Pakistan (CIF) - 2022
- Fishing Reels Price in Pakistan (FOB) - 2022
- Fishing Reels Imports in Pakistan
- Fishing Reels Exports in Pakistan
Fishing Reels Price in Pakistan (CIF) - 2022
In 2022, the average fishing reels import price amounted to $69,414 per ton, shrinking by -1.9% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.3% 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 decreased by -6.0% against 2020 indices. The pace of growth appeared the most rapid in 2017 when the average import price increased by 29% against the previous year. The import price peaked at $73,878 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Germany ($161,839 per ton), while the price for the United States ($55,916 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Fishing Reels Price in Pakistan (FOB) - 2022
The average fishing reels export price stood at $74,746 per ton in 2022, reducing by -27.5% against the previous year. Over the period under review, the export price saw a deep reduction. The pace of growth appeared the most rapid in 2016 when the average export price increased by 93%. Over the period under review, the average export prices hit record highs at $551,507 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Switzerland ($112,449 per ton), while the average price for exports to the United States ($67,334 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 Switzerland (+36.6%), while the prices for the other major destinations experienced mixed trend patterns.
Fishing Reels Imports in Pakistan
In 2022, the amount of fishing reelses imported into Pakistan fell sharply to 41 kg, waning by -78.8% compared with 2021. Over the period under review, imports faced a dramatic slump. The most prominent rate of growth was recorded in 2021 with an increase of 64% against the previous year. As a result, imports attained the peak of 193 kg, and then reduced dramatically in the following year.
In value terms, fishing reels imports fell notably to $2.9K in 2022. In general, imports saw a sharp decline. The pace of growth appeared the most rapid in 2021 when imports increased by 57% against the previous year. As a result, imports attained the peak of $14K, and then dropped notably in the following year.
| Import of Fishing Reels in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.3 | 1.0 | 10.3 | 2.4 | -27.5% |
| Germany | 0.9 | 0.9 | 0.8 | 0.2 | -39.4% |
| United Arab Emirates | 0.1 | 0.4 | 0.7 | 0.2 | 26.0% |
| United States | 0.4 | 0.4 | 0.4 | 0.1 | -37.0% |
| Japan | N/A | N/A | 1.0 | N/A | 0% |
| Taiwan (Chinese) | N/A | 6.1 | N/A | N/A | 0% |
| Others | 0.2 | N/A | 0.5 | N/A | 58.1% |
| Total | 7.9 | 8.7 | 13.7 | 2.9 | -28.4% |
Top Suppliers of Fishing Reels to Pakistan in 2022:
- China (36.0 kg)
- United Arab Emirates (2.0 kg)
- United States (1.0 kg)
- Germany (1.0 kg)
Fishing Reels Exports in Pakistan
In 2022, the amount of fishing reelses exported from Pakistan surged to 467 kg, with an increase of 358% compared with 2021 figures. In general, exports posted significant growth.
In value terms, fishing reels exports soared to $35K in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 314% against the previous year. As a result, the exports reached the peak of $59K. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Fishing Reels in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2.8 | 18.0 | 2.4 | 25.2 | 108.0% |
| Austria | 3.7 | 24.4 | 2.9 | 5.8 | 16.2% |
| South Africa | 1.0 | 6.4 | 0.9 | 2.2 | 30.1% |
| Switzerland | N/A | 7.2 | 1.2 | 0.9 | -64.6% |
| Canada | 0.4 | 1.5 | 0.3 | 0.6 | 14.5% |
| United Kingdom | 1.9 | N/A | N/A | N/A | 0% |
| Singapore | 4.3 | N/A | N/A | N/A | 0% |
| Czech Republic | N/A | 1.5 | N/A | N/A | 0% |
| Others | 0.2 | 0.2 | 2.9 | 0.3 | 14.5% |
| Total | 14.3 | 59.3 | 10.5 | 34.9 | 34.6% |
Top Export Markets for Fishing Reels from Pakistan in 2022:
- United States (374.0 kg)
- Austria (52.0 kg)
- South Africa (20.0 kg)
- Canada (9.0 kg)
- Switzerland (8.0 kg)
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This report provides an in-depth analysis of the fishing rod market in Pakistan.
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This report provides an in-depth analysis of the global fishing rod market.
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This report provides an in-depth analysis of the fishing rod market in Pakistan.
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This report provides an in-depth analysis of the global fishing rod market.
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