Price for Winches and Capstans; Not Powered by an Electric Motor in China - 2023
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in China (FOB) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in China (CIF) - 2022
- Exports of Winches and Capstans; Not Powered by an Electric Motor in China
- Imports of Winches and Capstans; Not Powered by an Electric Motor in China
Price for Winches and Capstans; Not Powered by an Electric Motor in China (FOB) - 2022
The average export price for winches and capstans; not powered by an electric motors stood at $23 per unit in 2022, almost unchanged from the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 570% against the previous year. The export price peaked at $284 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($84 per unit), while the average price for exports to Mexico ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+5.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winches and Capstans; Not Powered by an Electric Motor in China (CIF) - 2022
In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $2,218 per unit, dropping by -69.3% against the previous year. Overall, the import price saw a deep reduction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 119%. Over the period under review, average import prices reached the peak figure at $7,216 per unit in 2021, and then reduced markedly in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($16,548 per unit), while the price for Spain ($172 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winches and Capstans; Not Powered by an Electric Motor in China
In 2022, the amount of winches and capstans; not powered by an electric motors exported from China expanded modestly to 5.6M units, increasing by 4% against the previous year's figure. The total export volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 19%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of winches and capstans; not powered by an electric motors rose modestly to $128M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 13%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
| Export of Winches and Capstans; Not Powered by an Electric Motor in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 24.9 | 23.9 | 29.1 | 36.3 | 13.4% |
| Japan | 17.3 | 13.9 | 15.8 | 11.5 | -12.7% |
| Russia | 5.8 | 5.5 | 7.8 | 9.1 | 16.2% |
| Australia | 4.8 | 4.1 | 4.6 | 6.2 | 8.9% |
| Germany | 3.2 | 3.5 | 4.6 | 4.7 | 13.7% |
| Canada | 2.8 | 2.0 | 3.3 | 4.4 | 16.3% |
| Singapore | 3.3 | 6.9 | 5.6 | 4.3 | 9.2% |
| United Kingdom | 1.1 | 1.2 | 1.0 | 2.4 | 29.7% |
| Brazil | 1.2 | 1.5 | 2.0 | 2.3 | 24.2% |
| Mexico | 1.8 | 1.6 | 2.2 | 2.3 | 8.5% |
| Vietnam | 2.2 | 2.9 | 2.9 | 2.2 | 0.0% |
| France | 1.2 | 1.2 | 2.2 | 1.5 | 7.7% |
| Poland | 1.1 | 1.3 | 1.2 | 1.1 | 0.0% |
| Others | 44.6 | 39.8 | 41.7 | 40.0 | -3.6% |
| Total | 115 | 109 | 124 | 128 | 3.6% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from China in 2022:
- United States (2533.6K units)
- Germany (393.6K units)
- Canada (378.2K units)
- Australia (248.8K units)
- Mexico (218.5K units)
- Russia (158.1K units)
- Brazil (149.2K units)
- Japan (136.3K units)
- Vietnam (135.4K units)
- United Kingdom (112.7K units)
- Poland (101.0K units)
- France (95.7K units)
- Singapore (83.2K units)
Imports of Winches and Capstans; Not Powered by an Electric Motor in China
In 2022, overseas purchases of winches and capstans; not powered by an electric motors increased by 180% to 20K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports recorded a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of winches and capstans; not powered by an electric motors dropped to $45M in 2022. In general, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 23% against the previous year. As a result, imports attained the peak of $76M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Winches and Capstans; Not Powered by an Electric Motor in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 8.1 | 17.4 | 13.2 | 10.2 | 8.0% |
| Japan | 3.2 | 10.8 | 7.8 | 7.7 | 34.0% |
| South Korea | 10.3 | 9.1 | 4.6 | 7.7 | -9.2% |
| United Kingdom | 4.1 | 9.4 | 3.8 | 2.7 | -13.0% |
| Spain | N/A | N/A | N/A | 2.3 | 0% |
| United States | 4.7 | 4.7 | 1.7 | 2.2 | -22.4% |
| Germany | 2.9 | 2.1 | 2.3 | 2.0 | -11.6% |
| Norway | 5.2 | 4.2 | 2.5 | 1.6 | -32.5% |
| France | 1.5 | 0.8 | 0.7 | 1.1 | -9.8% |
| Sweden | 0.1 | 0.6 | 0.6 | 0.7 | 91.3% |
| Denmark | N/A | N/A | N/A | 0.6 | 0% |
| Slovakia | N/A | N/A | 0.1 | 0.4 | 300.0% |
| Poland | 0.1 | 7.5 | 1.2 | N/A | 246.4% |
| Others | 21.0 | 9.0 | 14.0 | 6.0 | -34.1% |
| Total | 61.3 | 75.7 | 52.5 | 45.2 | -9.7% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to China in 2022:
- Spain (13.2K units)
- Denmark (1.5K units)
- United Kingdom (0.7K units)
- Slovakia (0.7K units)
- Germany (0.7K units)
- Italy (0.6K units)
- Japan (0.6K units)
- France (0.5K units)
- South Korea (0.5K units)
- United States (0.4K units)
- Sweden (0.3K units)
- Norway (0.2K units)
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