Price for Fish-Hooks; Whether or Not Snelled in Hong Kong SAR - 2023

Contents:

  1. Price for Fish-Hooks; Whether or Not Snelled in Hong Kong SAR (CIF) - 2022
  2. Price for Fish-Hooks; Whether or Not Snelled in Hong Kong SAR (FOB) - 2022
  3. Imports of Fish-Hooks; Whether or Not Snelled in Hong Kong SAR
  4. Exports of Fish-Hooks; Whether or Not Snelled in Hong Kong SAR

Price for Fish-Hooks; Whether or Not Snelled in Hong Kong SAR (CIF) - 2022

The average import price for fish-hooks; whether or not snelleds stood at $75,306 per ton in 2022, surging by 20% against the previous year. Overall, the import price enjoyed a resilient increase. The pace of growth was the most pronounced in 2018 when the average import price increased by 42% against the previous year. The import price peaked at $76,393 per ton in 2020; however, from 2021 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 Thailand ($203,063 per ton), while the price for China ($14,863 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fish-Hooks; Whether or Not Snelled in Hong Kong SAR (FOB) - 2022

The average export price for fish-hooks; whether or not snelleds stood at $28,205 per ton in 2022, declining by -4.3% against the previous year. Over the period under review, the export price, however, enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of 117% against the previous year. The export price peaked at $36,860 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($58,276 per ton), while the average price for exports to Chile ($9,593 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 China (+12.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fish-Hooks; Whether or Not Snelled in Hong Kong SAR

In 2022, imports of fish-hooks; whether or not snelleds into Hong Kong SAR dropped remarkably to 23 tons, reducing by -36.5% against the year before. Overall, imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 15%.

In value terms, fish-hooks; whether or not snelled imports dropped markedly to $1.7M in 2022. Over the period under review, imports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 16% against the previous year. As a result, imports attained the peak of $2.4M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Fish-Hooks; Whether or Not Snelled in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,1901,4211,5201,4346.4%
Thailand63.928320084.39.7%
China11154.121955.2-20.8%
Singapore61.013393.645.1-9.6%
France14312185.138.6-35.4%
South Korea60.829.617.319.1-32.0%
BelgiumN/A33.438.319.0-24.6%
United States39127338.43.6-79.0%
Others17.415.733.69.8-17.4%
Total2,0382,3632,2451,709-5.7%

Top Suppliers of Fish-Hooks; Whether or Not Snelled to Hong Kong SAR in 2022:

  1. United States (undefined tons)
  2. Japan (16.2 tons)
  3. China (3.7 tons)
  4. Belgium (0.7 tons)
  5. France (0.6 tons)
  6. South Korea (0.5 tons)
  7. Singapore (0.4 tons)
  8. Thailand (0.4 tons)

Exports of Fish-Hooks; Whether or Not Snelled in Hong Kong SAR

In 2022, shipments abroad of fish-hooks; whether or not snelleds decreased by -30.9% to 21 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when exports increased by 34%. As a result, the exports reached the peak of 41 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, fish-hooks; whether or not snelled exports shrank rapidly to $584K in 2022. Over the period under review, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2020 when exports increased by 68%. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Fish-Hooks; Whether or Not Snelled in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China409878496328-7.1%
United States32.423926567.827.9%
VietnamN/AN/A4.158.91336.6%
Japan3.92.717.021.877.5%
France1.50.80.914.9115.0%
Canada0.52.76.411.8186.8%
Vanuatu12.40.611.111.0-3.9%
Germany0.9N/A3.38.4110.5%
Chile2.01.32.44.632.0%
United Kingdom68.946.43.73.7-62.3%
Solomon Islands12.6N/A0.32.7-40.2%
Papua New Guinea46.910.516.51.7-66.9%
Belgium28331815.71.6-82.2%
Others38.728.741.546.96.6%
Total9121,529883584-13.8%

Top Export Markets for Fish-Hooks; Whether or Not Snelled from Hong Kong SAR in 2022:

  1. Papua New Guinea (undefined tons)
  2. Belgium (undefined tons)
  3. China (8.6 tons)
  4. United States (4.3 tons)
  5. France (1.1 tons)
  6. Japan (1.1 tons)
  7. Vietnam (1.0 tons)
  8. Canada (0.8 tons)
  9. Chile (0.5 tons)
  10. Vanuatu (0.3 tons)
  11. Germany (0.3 tons)
  12. Solomon Islands (0.2 tons)
  13. United Kingdom (0.2 tons)

Source: IndexBox Market Intelligence Platform

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