Price for Fish-Hooks; Whether or Not Snelled in Angola - 2022

Price for Fish-Hooks; Whether or Not Snelled in Angola (CIF) - 2022

In 2022, the average import price for fish-hooks; whether or not snelleds amounted to $8,141 per ton, dropping by -6.4% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fish-hooks; whether or not snelled import price decreased by -8.3% against 2020 indices. The most prominent rate of growth was recorded in 2019 when the average import price increased by 58% against the previous year. The import price peaked at $9,206 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($10,967 per ton), while the price for South Africa ($5,039 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish-Hooks; Whether or Not Snelled in Angola (FOB) - 2022

The average export price for fish-hooks; whether or not snelleds stood at $14,000 per ton in 2022, almost unchanged from the previous year. Over the period under review, the export price continues to indicate strong growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 92%. Over the period under review, the average export prices hit record highs at $31,571 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for Portugal amounted to +11.8% per year.

Imports of Fish-Hooks; Whether or Not Snelled in Angola

Fish-hooks; whether or not snelled imports into Angola declined rapidly to 31 tons in 2022, reducing by -39.6% compared with 2021 figures. In general, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 683%. As a result, imports attained the peak of 51 tons, and then shrank rapidly in the following year.

In value terms, fish-hooks; whether or not snelled imports contracted sharply to $253K in 2022. Over the period under review, imports, however, continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 667%. As a result, imports reached the peak of $447K, and then contracted significantly in the following year.

Import of Fish-Hooks; Whether or Not Snelled in Angola (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	38.6	1.1	36.5	216	77.5%
Portugal	58.8	45.5	299	28.0	-21.9%
South Africa	0.3	0.5	39.2	2.9	113.0%
United States	7.0	4.5	24.2	1.9	-35.3%
Namibia	3.9	3.1	16.7	1.7	-24.2%
Others	3.0	3.5	30.8	2.1	-11.2%
Total	112	58.3	447	253	31.2%

Top Suppliers of Fish-Hooks; Whether or Not Snelled to Angola in 2022:

China (27.0 tons)
Portugal (2.6 tons)
South Africa (0.6 tons)
United States (0.3 tons)
Namibia (0.3 tons)

Exports of Fish-Hooks; Whether or Not Snelled in Angola

In 2022, the amount of fish-hooks; whether or not snelleds exported from Angola reduced notably to 2 kg, falling by -33.3% compared with 2021. Over the period under review, exports saw a sharp shrinkage. The growth pace was the most rapid in 2021 when exports increased by 200%.

In value terms, fish-hooks; whether or not snelled exports shrank significantly to $28 in 2022. Overall, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 223%.