Price for Winches and Capstans; Powered by an Electric Motor in Ethiopia - 2022
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Ethiopia (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Ethiopia (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Ethiopia
- Exports of Winches and Capstans; Powered by an Electric Motor in Ethiopia
Price for Winches and Capstans; Powered by an Electric Motor in Ethiopia (CIF) - 2022
In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $2,231 per unit, rising by 51% against the previous year. Over the period under review, the import price recorded a resilient increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 77%. Over the period under review, average import prices hit record highs at $2,315 per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.
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 China ($3,768 per unit), while the price for India ($364 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+40.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winches and Capstans; Powered by an Electric Motor in Ethiopia (FOB) - 2022
The average export price for winches and capstans; powered by an electric motors stood at $1,643 per unit in 2022, dropping by -7.3% against the previous year. In general, the export price showed a deep setback. The most prominent rate of growth was recorded in 2018 an increase of 60%. Over the period under review, the average export prices hit record highs at $3,311 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -3.5% per year.
Imports of Winches and Capstans; Powered by an Electric Motor in Ethiopia
In 2022, approx. 57 units of winches and capstans; powered by an electric motors were imported into Ethiopia; picking up by 235% against 2021 figures. Over the period under review, imports, however, saw a abrupt descent. Imports peaked at 165 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, imports of winches and capstans; powered by an electric motors soared to $127K in 2022. In general, imports, however, showed a abrupt downturn. Imports peaked at $331K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
| Import of Winches and Capstans; Powered by an Electric Motor in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 42.6 | 9.3 | 6.5 | 77.2 | 21.9% |
| China | 98.0 | 254 | 3.0 | 49.0 | -20.6% |
| United Arab Emirates | 10.7 | 24.9 | 5.6 | 0.6 | -61.7% |
| India | 1.8 | 2.5 | 0.3 | 0.4 | -39.4% |
| Japan | 7.0 | 4.0 | 0.7 | N/A | -68.4% |
| Netherlands | 15.6 | 13.5 | 3.8 | N/A | -50.6% |
| Others | 26.8 | 22.9 | 5.2 | N/A | -56.0% |
| Total | 202 | 331 | 25.2 | 127 | -14.3% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Ethiopia in 2022:
- Italy (42.0 units)
- China (13.0 units)
- India (1.0 units)
- United Arab Emirates (1.0 units)
Exports of Winches and Capstans; Powered by an Electric Motor in Ethiopia
In 2022, after two years of decline, there was significant growth in shipments abroad of winches and capstans; powered by an electric motors, when their volume increased by 100% to 4 units. In general, exports, however, saw a precipitous setback. The exports peaked at 8 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of winches and capstans; powered by an electric motors skyrocketed to $6.6K in 2022. Over the period under review, exports, however, continue to indicate a precipitous contraction. Over the period under review, the exports of reached the peak figure at $16K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Winches and Capstans; Powered by an Electric Motor in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.8 | 9.6 | 3.3 | 6.6 | -25.2% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 15.8 | 9.6 | 3.5 | 6.6 | -25.2% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Ethiopia in 2022:
- China (4.0 units)
60
This report provides an in-depth analysis of the winche and capstan market in Ethiopia.
108
This report provides an in-depth analysis of the built-in jacking system market in Ethiopia.
130
This report provides an in-depth analysis of the hydraulic jack market in Ethiopia.
108
This report provides an in-depth analysis of the jacks and hoists market in Ethiopia.
98
This report provides an in-depth analysis of the non-electric pulley tackle market in Ethiopia.
84
This report provides an in-depth analysis of the market for pulley tackle and hoists powered by an electric motor in Ethiopia.
461
This report provides an in-depth analysis of the global winche and capstan market.
442
This report provides an in-depth analysis of the global built-in jacking system market.
433
This report provides an in-depth analysis of the global hydraulic jack market.
452
This report provides an in-depth analysis of the global jacks and hoists market.
87
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
87
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
