Price for Fish-Hooks; Whether or Not Snelled in South Africa - 2023
Contents:
- Price for Fish-Hooks; Whether or Not Snelled in South Africa (CIF) - 2022
- Price for Fish-Hooks; Whether or Not Snelled in South Africa (FOB) - 2022
- Imports of Fish-Hooks; Whether or Not Snelled in South Africa
- Exports of Fish-Hooks; Whether or Not Snelled in South Africa
Price for Fish-Hooks; Whether or Not Snelled in South Africa (CIF) - 2022
The average import price for fish-hooks; whether or not snelleds stood at $20,232 per ton in 2022, leveling off at the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 20%. Over the period under review, average import prices attained the maximum at $22,516 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($50,456 per ton), while the price for Spain ($5,795 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fish-Hooks; Whether or Not Snelled in South Africa (FOB) - 2022
The average export price for fish-hooks; whether or not snelleds stood at $16,095 per ton in 2022, picking up by 41% against the previous year. Overall, the export price saw a measured expansion. The pace of growth was the most pronounced in 2013 an increase of 88%. Over the period under review, the average export prices hit record highs at $24,359 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($88,218 per ton), while the average price for exports to Lesotho ($3,004 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 Mauritius (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fish-Hooks; Whether or Not Snelled in South Africa
In 2022, fish-hooks; whether or not snelled imports into South Africa rose rapidly to 87 tons, picking up by 10% against the year before. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, fish-hooks; whether or not snelled imports expanded remarkably to $1.8M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 46% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Fish-Hooks; Whether or Not Snelled in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 943 | 640 | 955 | 1,124 | 6.0% |
| South Korea | 189 | 103 | 164 | 179 | -1.8% |
| United States | 65.0 | 50.2 | 71.8 | 105 | 17.3% |
| Japan | 71.2 | 54.7 | 189 | 98.3 | 11.4% |
| Vietnam | 9.0 | 17.0 | 12.1 | 40.2 | 64.7% |
| Spain | 68.4 | 93.3 | 11.4 | 14.2 | -40.8% |
| Others | 144 | 129 | 185 | 190 | 9.7% |
| Total | 1,490 | 1,087 | 1,588 | 1,752 | 5.5% |
Top Suppliers of Fish-Hooks; Whether or Not Snelled to South Africa in 2022:
- China (68.9 tons)
- South Korea (6.1 tons)
- Spain (2.5 tons)
- United States (2.1 tons)
- Vietnam (1.7 tons)
- Japan (1.2 tons)
Exports of Fish-Hooks; Whether or Not Snelled in South Africa
After three years of growth, shipments abroad of fish-hooks; whether or not snelleds decreased by -47.8% to 12 tons in 2022. Overall, exports, however, recorded a strong expansion. The pace of growth appeared the most rapid in 2020 with an increase of 122%.
In value terms, fish-hooks; whether or not snelled exports contracted dramatically to $187K in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +13.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +47.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 47%.
| Export of Fish-Hooks; Whether or Not Snelled in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 45.1 | 118 | 167 | 96.6 | 28.9% |
| United States | N/A | 1.7 | N/A | 19.1 | 235.2% |
| Mauritius | 3.1 | 1.5 | 7.6 | 17.2 | 77.0% |
| Australia | 1.8 | 6.4 | 35.4 | 11.5 | 85.6% |
| Zimbabwe | N/A | 17.5 | 0.7 | 6.6 | -38.6% |
| Swaziland | 4.1 | 4.0 | 4.9 | 3.0 | -9.9% |
| Zambia | 1.2 | 3.7 | 2.2 | 2.5 | 27.7% |
| Lesotho | N/A | 1.2 | 0.3 | 0.8 | -18.4% |
| Others | 71.2 | 31.7 | 35.3 | 29.3 | -25.6% |
| Total | 127 | 186 | 253 | 187 | 13.8% |
Top Export Markets for Fish-Hooks; Whether or Not Snelled from South Africa in 2022:
- Namibia (8.7 tons)
- Australia (0.5 tons)
- Zambia (0.5 tons)
- Mauritius (0.3 tons)
- Lesotho (0.3 tons)
- Swaziland (0.3 tons)
- United States (0.2 tons)
- Zimbabwe (0.2 tons)
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