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

Price for Fish-Hooks; Whether or Not Snelled in Romania (CIF) - 2023

In July 2023, the average import price for fish-hooks; whether or not snelleds amounted to $19,368 per ton, standing approximately at the previous month. Over the period under review, the import price, however, posted a mild increase. The pace of growth appeared the most rapid in November 2022 when the average import price increased by 231% month-to-month. The import price peaked at $47,953 per ton in February 2023; however, from March 2023 to July 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Belgium ($93,551 per ton), while the price for China ($3,397 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Belgium (+9.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for fish-hooks; whether or not snelleds amounted to $46,003 per ton, falling by -49.4% against the previous year. Overall, the export price, however, saw resilient growth. The growth pace was the most rapid in 2021 an increase of 70%. As a result, the export price attained the peak level of $90,999 per ton, and then fell dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($113,460 per ton), while the average price for exports to Greece ($5,373 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 Hungary (+15.3%), while the prices for the other major destinations experienced a decline.

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

For the fourth year in a row, Romania recorded growth in purchases abroad of fish-hooks; whether or not snelleds, which increased by 13% to 120 tons in 2022. In general, total imports indicated a significant expansion 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, imports increased by +87.0% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, fish-hooks; whether or not snelled imports shrank to $2.8M in 2022. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.3% 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 +49.3% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 35%. As a result, imports reached the peak of $3M, and then declined in the following year.

Import of Fish-Hooks; Whether or Not Snelled in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	204	321	605	610	44.1%
Poland	176	202	333	413	32.9%
France	353	329	354	316	-3.6%
China	125	228	242	291	32.5%
Latvia	N/A	N/A	201	286	42.3%
Austria	290	262	267	178	-15.0%
Belgium	51.8	198	188	97.2	23.3%
Others	651	665	791	573	-4.2%
Total	1,851	2,205	2,981	2,764	14.3%

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

China (58.3 tons)
Poland (19.9 tons)
Hungary (17.5 tons)
Latvia (6.7 tons)
France (5.4 tons)
Austria (2.6 tons)
Belgium (2.6 tons)

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

In 2022, fish-hooks; whether or not snelled exports from Romania skyrocketed to 3.9 tons, with an increase of 113% on 2021. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 134%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, fish-hooks; whether or not snelled exports rose rapidly to $180K in 2022. Overall, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 298%. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

Export of Fish-Hooks; Whether or Not Snelled in Romania (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Hungary	25.5	24.2	124	97.3	56.3%
Poland	N/A	N/A	12.9	47.7	269.8%
Bulgaria	9.5	15.2	16.6	20.5	29.2%
Spain	N/A	1.9	5.2	9.2	120.0%
Latvia	N/A	N/A	5.9	2.0	-66.1%
Greece	0.2	0.2	0.4	0.7	51.8%
Others	0.9	0.2	2.0	2.1	32.6%
Total	36.1	41.8	167	180	70.8%