Price for Winches and Capstans; Not Powered by an Electric Motor in Finland - 2023
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Finland (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Finland (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Finland
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Finland
Price for Winches and Capstans; Not Powered by an Electric Motor in Finland (CIF) - 2022
In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $136 per unit, declining by -7.8% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for winches and capstans; not powered by an electric motors decreased by -27.6% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 39% against the previous year. Over the period under review, average import prices reached the peak figure at $187 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 ($1,916 per unit), while the price for Poland ($27 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winches and Capstans; Not Powered by an Electric Motor in Finland (FOB) - 2022
The average export price for winches and capstans; not powered by an electric motors stood at $1,368 per unit in 2022, increasing by 76% against the previous year. Overall, the export price saw a perceptible expansion. As a result, the export price reached 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 ($3,275 per unit), while the average price for exports to Estonia ($81 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 Brazil (+52.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Winches and Capstans; Not Powered by an Electric Motor in Finland
Imports of winches and capstans; not powered by an electric motors into Finland soared to 43K units in 2022, increasing by 19% compared with the previous year. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. Imports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, imports of winches and capstans; not powered by an electric motors expanded markedly to $5.8M in 2022. The total import value increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 13% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,458 | 1,694 | 1,002 | 2,428 | 18.5% |
| Germany | 1,574 | 1,406 | 1,117 | 909 | -16.7% |
| China | 494 | 427 | 636 | 866 | 20.6% |
| Sweden | 290 | 551 | 550 | 419 | 13.1% |
| United States | 20.5 | 29.5 | 82.2 | 119 | 79.7% |
| Taiwan (Chinese) | 61.6 | 55.8 | 53.6 | 65.2 | 1.9% |
| United Kingdom | 5.8 | 34.9 | 1,103 | 54.6 | 111.1% |
| Others | 510 | 458 | 728 | 946 | 22.9% |
| Total | 4,415 | 4,655 | 5,271 | 5,807 | 9.6% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Finland in 2022:
- China (30.2K units)
- Sweden (4.5K units)
- Taiwan (Chinese) (2.1K units)
- United States (1.7K units)
- Germany (1.5K units)
- Italy (1.3K units)
- United Kingdom (0.3K units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in Finland
In 2022, after three years of growth, there was significant decline in shipments abroad of winches and capstans; not powered by an electric motors, when their volume decreased by -9.9% to 2.1K units. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 31%. Over the period under review, the exports of attained the peak figure at 2.3K units in 2021, and then dropped in the following year.
In value terms, exports of winches and capstans; not powered by an electric motors soared to $2.9M in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 76%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Winches and Capstans; Not Powered by an Electric Motor in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | N/A | 2.6 | 15.1 | 1,068 | 1926.7% |
| Brazil | N/A | 3.8 | 173 | 760 | 1314.2% |
| Canada | 128 | 218 | 498 | 345 | 39.2% |
| Germany | 8.1 | 10.1 | 8.3 | 185 | 183.7% |
| Sweden | 16.7 | 32.9 | 40.7 | 58.9 | 52.2% |
| China | 17.3 | 75.5 | 133 | 50.3 | 42.7% |
| Estonia | 50.2 | 37.0 | 59.5 | 35.8 | -10.7% |
| Poland | 11.8 | 24.2 | 13.5 | 22.2 | 23.4% |
| Bulgaria | 11.5 | 4.7 | 13.2 | 14.6 | 8.3% |
| Russia | 114 | 113 | 68.5 | 11.3 | -53.7% |
| United States | 174 | 286 | 557 | 7.2 | -65.4% |
| Others | 254 | 218 | 225 | 302 | 5.9% |
| Total | 786 | 1,026 | 1,805 | 2,860 | 53.8% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Finland in 2022:
- Brazil (508.0 units)
- Estonia (441.0 units)
- United Kingdom (326.0 units)
- Sweden (300.0 units)
- Canada (134.0 units)
- Germany (77.0 units)
- Bulgaria (52.0 units)
- China (50.0 units)
- Poland (38.0 units)
- Russia (22.0 units)
- United States (4.0 units)
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