Price for Fish-Hooks; Whether or Not Snelled in Canada - 2023

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

In 2022, the average import price for fish-hooks; whether or not snelleds amounted to $49,294 per ton, declining by -11.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2021 when the average import price increased by 39% against the previous year. As a result, import price attained the peak level of $55,872 per ton, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from South Korea ($49,305 per ton) and Japan ($49,304 per ton), while the price for France ($49,298 per ton) and Norway ($49,302 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for fish-hooks; whether or not snelleds stood at $58,359 per ton in 2022, which is down by -30.5% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 41%. The export price peaked at $83,960 per ton in 2021, and then shrank rapidly in the following year.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($58,404 per ton), while the average price for exports to France amounted to $57,393 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was decline in supplies from abroad of fish-hooks; whether or not snelleds, when their volume decreased by -4.9% to 107 tons. The total import volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 15% against the previous year.

In value terms, fish-hooks; whether or not snelled imports declined remarkably to $5.3M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +8.3% 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 +27.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 42%. As a result, imports reached the peak of $6.3M, and then dropped remarkably in the following year.

Import of Fish-Hooks; Whether or Not Snelled in Canada (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2,060	2,251	2,960	2,261	3.2%
Japan	580	681	938	697	6.3%
United States	580	587	921	670	4.9%
Philippines	260	267	339	532	27.0%
South Korea	101	118	293	313	45.8%
France	94.5	91.3	121	279	43.5%
Norway	5.1	8.8	4.9	144	204.5%
Sri Lanka	142	90.6	378	59.0	-25.4%
Others	339	337	347	332	-0.7%
Total	4,162	4,433	6,301	5,288	8.3%

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

China (45.9 tons)
Japan (14.1 tons)
United States (13.6 tons)
Philippines (10.8 tons)
South Korea (6.4 tons)
France (5.7 tons)
Norway (2.9 tons)
Sri Lanka (1.2 tons)

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

Fish-hooks; whether or not snelled exports from Canada soared to 1.5 tons in 2022, picking up by 90% against the previous year's figure. In general, exports, however, showed a relatively flat trend pattern.

In value terms, fish-hooks; whether or not snelled exports soared to $89K in 2022. Overall, exports, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 78%.