Price for Winches and Capstans; Powered by an Electric Motor in Italy - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Italy (FOB) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Italy (CIF) - 2022
- Exports of Winches and Capstans; Powered by an Electric Motor in Italy
- Imports of Winches and Capstans; Powered by an Electric Motor in Italy
Price for Winches and Capstans; Powered by an Electric Motor in Italy (FOB) - 2022
The average export price for winches and capstans; powered by an electric motors stood at $1,392 per unit in 2022, surging by 5.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2013 an increase of 23% against the previous year. The export price peaked at $1,482 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($2,215 per unit), while the average price for exports to Belgium ($684 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 Vietnam (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winches and Capstans; Powered by an Electric Motor in Italy (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $452 per unit in 2022, growing by 4.5% against the previous year. Overall, the import price recorded buoyant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 97% against the previous year. The import price peaked at $598 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($1,646 per unit), while the price for China ($105 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+19.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winches and Capstans; Powered by an Electric Motor in Italy
In 2022, approx. 69K units of winches and capstans; powered by an electric motors were exported from Italy; dropping by -12.2% compared with the previous year's figure. In general, exports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, the exports attained the peak of 79K units, and then contracted in the following year.
In value terms, exports of winches and capstans; powered by an electric motors contracted to $96M in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 20%. As a result, the exports reached the peak of $104M, and then reduced in the following year.
| Export of Winches and Capstans; Powered by an Electric Motor in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 7.0 | 5.4 | 7.0 | 10.3 | 13.7% |
| Saudi Arabia | 5.7 | 7.8 | 5.0 | 7.1 | 7.6% |
| Vietnam | 4.0 | 6.1 | 5.9 | 5.6 | 11.9% |
| Germany | 5.2 | 8.2 | 6.1 | 5.6 | 2.5% |
| Turkey | 5.3 | 3.6 | 4.4 | 4.9 | -2.6% |
| Kuwait | 1.4 | 3.0 | 4.6 | 4.4 | 46.5% |
| China | 4.8 | 4.0 | 11.1 | 3.7 | -8.3% |
| Russia | 2.5 | 4.2 | 5.2 | 3.6 | 12.9% |
| Spain | 3.3 | 2.0 | 2.0 | 3.1 | -2.1% |
| United Kingdom | 1.9 | 2.0 | 2.4 | 3.0 | 16.4% |
| Poland | 2.6 | 2.2 | 2.5 | 2.5 | -1.3% |
| Greece | 1.2 | 1.5 | 1.7 | 2.0 | 18.6% |
| Belgium | 0.6 | 0.6 | 0.5 | 1.6 | 38.7% |
| Others | 49.6 | 35.8 | 45.4 | 38.5 | -8.1% |
| Total | 95.0 | 86.3 | 104 | 96.0 | 0.3% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Italy in 2022:
- France (10.7K units)
- Saudi Arabia (4.5K units)
- Germany (3.7K units)
- Kuwait (3.3K units)
- Turkey (3.1K units)
- China (2.9K units)
- United Kingdom (2.7K units)
- Vietnam (2.5K units)
- Spain (2.4K units)
- Belgium (2.3K units)
- Poland (2.2K units)
- Russia (2.2K units)
- Greece (2.1K units)
Imports of Winches and Capstans; Powered by an Electric Motor in Italy
In 2022, supplies from abroad of winches and capstans; powered by an electric motors decreased by -8.4% to 38K units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.8% 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 +43.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 54%. As a result, imports reached the peak of 41K units, and then fell in the following year.
In value terms, imports of winches and capstans; powered by an electric motors declined slightly to $17M in 2022. Overall, total imports indicated measured growth from 2019 to 2022: its value increased at an average annual rate of +2.8% 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 +71.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 79% against the previous year. As a result, imports attained the peak of $18M, and then reduced slightly in the following year.
| Import of Winches and Capstans; Powered by an Electric Motor in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 6.4 | 2.7 | 2.9 | 2.8 | -24.1% |
| France | 4.7 | 2.2 | 2.7 | 2.6 | -17.9% |
| China | 1.4 | 1.6 | 2.6 | 2.6 | 22.9% |
| Germany | 0.8 | 0.8 | 2.0 | 2.1 | 37.9% |
| South Korea | 0.8 | 0.5 | 2.9 | 1.8 | 31.0% |
| United Kingdom | 0.3 | 0.4 | 1.0 | 0.9 | 44.2% |
| United States | 0.5 | 0.7 | 0.6 | 0.6 | 6.3% |
| Others | 1.0 | 1.1 | 3.2 | 3.7 | 54.7% |
| Total | 15.7 | 10.0 | 17.9 | 17.1 | 2.9% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Italy in 2022:
- China (25.2K units)
- Canada (3.4K units)
- South Korea (2.2K units)
- Germany (1.7K units)
- France (1.6K units)
- United Kingdom (1.2K units)
- United States (0.4K units)
237
This report provides an in-depth analysis of the winche and capstan market in Italy.
295
This report provides an in-depth analysis of the built-in jacking system market in Italy.
342
This report provides an in-depth analysis of the hydraulic jack market in Italy.
326
This report provides an in-depth analysis of the jacks and hoists market in Italy.
317
This report provides an in-depth analysis of the non-electric pulley tackle market in Italy.
325
This report provides an in-depth analysis of the market for pulley tackle and hoists powered by an electric motor in Italy.
454
This report provides an in-depth analysis of the global winche and capstan market.
440
This report provides an in-depth analysis of the global built-in jacking system market.
428
This report provides an in-depth analysis of the global hydraulic jack market.
449
This report provides an in-depth analysis of the global jacks and hoists market.
190
In September 2022, the exports of Hydraulic Jack reached their highest point at 42,000 units. Unfortunately, from October 2022 to September 2023, the exports were unable to regain momentum. However, in terms of value, the exports of Hydraulic Jack skyrocketed to $11 million in September 2023.
81
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.
190
In September 2022, the exports of Hydraulic Jack reached their highest point at 42,000 units. Unfortunately, from October 2022 to September 2023, the exports were unable to regain momentum. However, in terms of value, the exports of Hydraulic Jack skyrocketed to $11 million in September 2023.
81
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.
