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

Contents:

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

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

The average import price for fish-hooks; whether or not snelleds stood at $31,266 per ton in 2022, reducing by -4.7% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 increased by +15.0% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 62%. Over the period under review, average import prices attained the maximum at $32,811 per ton in 2021, and then fell modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($103,599 per ton), while the price for the United Arab Emirates ($10,096 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fish-hooks; whether or not snelleds stood at $49,195 per ton in 2022, approximately reflecting the previous year. Over the period under review, the export price, however, continues to indicate temperate growth. The pace of growth appeared the most rapid in 2019 when the average export price increased by 48%. The export price peaked at $49,858 per ton in 2021, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($106,448 per ton), while the average price for exports to Qatar ($4,833 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 Saudi Arabia (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of fish-hooks; whether or not snelleds, when their volume decreased by -11.6% to 11 tons. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 42%.

In value terms, fish-hooks; whether or not snelled imports fell sharply to $338K in 2022. In general, total imports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $401K, and then plummeted in the following year.

Import of Fish-Hooks; Whether or Not Snelled in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China76.596.015111414.2%
Japan33.435.363.262.823.4%
South Korea8.817.225.436.460.5%
Vietnam13.831.436.930.730.5%
France16.334.333.027.819.5%
India27.91.031.315.8-17.3%
United States3.41.814.812.353.5%
Norway5.55.12.54.9-3.8%
United Arab Emirates3.11.42.32.5-6.9%
Others24.751.640.831.38.2%
Total21327540133816.6%

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

  1. China (5.2 tons)
  2. South Korea (1.5 tons)
  3. India (1.2 tons)
  4. Japan (0.6 tons)
  5. Vietnam (0.5 tons)
  6. France (0.3 tons)
  7. United States (0.3 tons)
  8. United Arab Emirates (0.2 tons)
  9. Norway (0.2 tons)

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

In 2022, the amount of fish-hooks; whether or not snelleds exported from Kuwait declined rapidly to 185 kg, with a decrease of -44.3% compared with the previous year's figure. Overall, exports showed a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 655% against the previous year.

In value terms, fish-hooks; whether or not snelled exports fell rapidly to $9.1K in 2022. Over the period under review, exports recorded a abrupt decrease. The growth pace was the most rapid in 2021 when exports increased by 905% against the previous year. As a result, the exports reached the peak of $17K, and then declined remarkably in the following year.

Export of Fish-Hooks; Whether or Not Snelled in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates3.20.713.67.130.4%
Bahrain2.60.31.30.7-35.4%
Oman1.40.41.40.7-20.6%
Saudi Arabia4.40.20.20.5-51.6%
Qatar0.3N/A0.1N/A-42.3%
OthersN/AN/AN/AN/A0%
Total11.91.616.69.1-8.6%

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

  1. Bahrain (79.0 kg)
  2. United Arab Emirates (67.0 kg)
  3. Oman (20.0 kg)
  4. Saudi Arabia (13.0 kg)
  5. Qatar (6.0 kg)

Source: IndexBox Market Intelligence Platform

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