Price for Fish-Hooks; Whether or Not Snelled in Sri Lanka - 2021
Contents:
- Price for Fish-Hooks; Whether or Not Snelled in Sri Lanka (FOB) - 2022
- Price for Fish-Hooks; Whether or Not Snelled in Sri Lanka (CIF) - 2022
- Exports of Fish-Hooks; Whether or Not Snelled in Sri Lanka
- Imports of Fish-Hooks; Whether or Not Snelled in Sri Lanka
Price for Fish-Hooks; Whether or Not Snelled in Sri Lanka (FOB) - 2022
In 2022, the average export price for fish-hooks; whether or not snelleds amounted to $116,718 per ton, growing by 156% against the previous year. Overall, the export price showed resilient growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($547,135 per ton), while the average price for exports to New Zealand ($39,608 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 the UK (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Fish-Hooks; Whether or Not Snelled in Sri Lanka (CIF) - 2022
The average import price for fish-hooks; whether or not snelleds stood at $16,448 per ton in 2022, surging by 5% against the previous year. In general, the import price, however, showed a deep contraction. The growth pace was the most rapid in 2018 when the average import price increased by 121%. As a result, import price reached the peak level of $39,260 per ton. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($428,431 per ton), while the price for Hong Kong SAR ($2,659 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+26.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Fish-Hooks; Whether or Not Snelled in Sri Lanka
In 2022, approx. 28 tons of fish-hooks; whether or not snelleds were exported from Sri Lanka; reducing by -27% on 2021. In general, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 39%.
In value terms, fish-hooks; whether or not snelled exports soared to $3.3M in 2022. Over the period under review, exports, however, showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Fish-Hooks; Whether or Not Snelled in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 92.4 | 283 | 302 | 2,136 | 184.9% |
| Sweden | 93.6 | 176 | 182 | 543 | 79.7% |
| United Kingdom | 126 | 146 | 82.3 | 287 | 31.6% |
| Canada | 142 | 90.6 | 378 | 106 | -9.3% |
| New Zealand | 39.0 | 25.3 | 71.2 | 51.3 | 9.6% |
| Australia | 39.0 | 8.9 | 31.7 | 23.6 | -15.4% |
| Norway | 61.5 | 224 | 113 | 9.6 | -46.2% |
| Seychelles | 8.9 | 1.2 | 8.0 | 1.1 | -50.2% |
| Latvia | 126 | 5.3 | 39.5 | N/A | -44.0% |
| Others | 616 | 436 | 543 | 115 | -42.8% |
| Total | 1,345 | 1,398 | 1,751 | 3,272 | 34.5% |
Top Export Markets for Fish-Hooks; Whether or Not Snelled from Sri Lanka in 2022:
- Seychelles (undefined tons)
- United States (11.6 tons)
- Sweden (11.6 tons)
- Canada (1.8 tons)
- New Zealand (1.3 tons)
- Australia (0.5 tons)
- United Kingdom (0.5 tons)
- Norway (0.2 tons)
Imports of Fish-Hooks; Whether or Not Snelled in Sri Lanka
In 2022, fish-hooks; whether or not snelled imports into Sri Lanka dropped markedly to 68 tons, shrinking by -20.4% against the year before. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2021 with an increase of 38%.
In value terms, fish-hooks; whether or not snelled imports shrank dramatically to $1.1M in 2022. Overall, imports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 6.8%.
| Import of Fish-Hooks; Whether or Not Snelled in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 437 | 511 | 594 | 458 | 1.6% |
| China | 1,083 | 420 | 301 | 337 | -32.2% |
| South Korea | 68.0 | 148 | 172 | 59.5 | -4.4% |
| Taiwan (Chinese) | 127 | 60.1 | 105 | 56.0 | -23.9% |
| United States | 121 | 45.4 | 16.9 | 31.4 | -36.2% |
| Vietnam | 1.0 | 3.6 | 41.5 | 28.2 | 204.4% |
| Hong Kong SAR | N/A | 0.2 | 3.5 | 11.2 | 648.3% |
| Others | 76.4 | 56.3 | 96.1 | 130 | 19.4% |
| Total | 1,912 | 1,244 | 1,329 | 1,111 | -16.6% |
Top Suppliers of Fish-Hooks; Whether or Not Snelled to Sri Lanka in 2022:
- China (33.1 tons)
- Taiwan (Chinese) (14.8 tons)
- South Korea (6.7 tons)
- Vietnam (5.7 tons)
- Hong Kong SAR (4.2 tons)
- Japan (1.1 tons)
- United States (0.1 tons)
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This report provides an in-depth analysis of the fishing rod market in Sri Lanka.
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