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

Contents:

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

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

The average import price for fish-hooks; whether or not snelleds stood at $22,878 per ton in January 2022, dropping by -47.4% against the previous month. Over the period under review, the import price, however, saw modest growth. The most prominent rate of growth was recorded in June 2021 an increase of 127% against the previous month. Over the period under review, average import prices hit record highs at $43,484 per ton in December 2021, and then fell sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In January 2022, the country with the highest price was Vietnam ($110K per ton), while the price for South Korea ($10,147 per ton) was amongst the lowest.

From January 2021 to January 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fish-hooks; whether or not snelleds stood at $28,522 per ton in 2022, falling by -19% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 38%. As a result, the export price reached the peak level of $41,717 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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 Mongolia ($65,422 per ton), while the average price for exports to Ukraine ($17,047 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 Mongolia (+50.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in overseas purchases of fish-hooks; whether or not snelleds, when their volume decreased by -59.3% to 124 tons. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 38% against the previous year.

In value terms, fish-hooks; whether or not snelled imports reduced remarkably to $2.8M in 2022. Overall, imports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 81% against the previous year. As a result, imports reached the peak of $3.6M, and then fell sharply in the following year.

Import of Fish-Hooks; Whether or Not Snelled in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4046078901,89967.5%
Vietnam82.194.526.540570.2%
South Korea475451776235-20.9%
France166105133158-1.6%
Japan32424193332.9-53.3%
Belarus90.32372171.0-77.7%
Others23823458936.8-46.3%
Total1,7791,9693,5652,76715.9%

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

  1. China (107.4 tons)
  2. South Korea (8.0 tons)
  3. Vietnam (4.4 tons)
  4. France (2.1 tons)
  5. Belarus (1.0 tons)
  6. Japan (0.5 tons)

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

For the fourth year in a row, Russia recorded growth in shipments abroad of fish-hooks; whether or not snelleds, which increased by 15% to 4.7 tons in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +23.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +86.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 59% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, fish-hooks; whether or not snelled exports fell to $134K in 2022. The total export value increased at an average annual rate of +8.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 18%.

Export of Fish-Hooks; Whether or Not Snelled in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belarus73.381.671.950.0-12.0%
Estonia5.33.48.647.7108.0%
Kazakhstan15.118.125.819.08.0%
MongoliaN/A0.31.410.5491.6%
Ukraine4.310.114.26.615.4%
Poland5.9N/AN/AN/A0%
Others0.910.521.90.1-51.9%
Total1051241441348.5%

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

  1. Estonia (2297.0 kg)
  2. Belarus (1221.0 kg)
  3. Kazakhstan (607.0 kg)
  4. Ukraine (385.0 kg)
  5. Mongolia (161.0 kg)

Source: IndexBox Market Intelligence Platform

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