Price for Winches and Capstans; Not Powered by an Electric Motor in Australia - 2024
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Australia (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Australia (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Australia
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Australia
Price for Winches and Capstans; Not Powered by an Electric Motor in Australia (CIF) - 2022
In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $58 per unit, growing by 4% against the previous year. In general, the import price, however, saw a deep contraction. The pace of growth appeared the most rapid in 2016 an increase of 33%. Over the period under review, average import prices attained the peak figure at $120 per unit in 2012; however, from 2013 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 the UK ($189 per unit), while the price for Mexico ($3.4 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (-0.5%), while the prices for the other major suppliers experienced a decline.
Price for Winches and Capstans; Not Powered by an Electric Motor in Australia (FOB) - 2022
The average export price for winches and capstans; not powered by an electric motors stood at $387 per unit in 2022, dropping by -6.3% against the previous year. Overall, the export price showed a deep downturn. The growth pace was the most rapid in 2016 an increase of 64% against the previous year. As a result, the export price attained the peak level of $1,688 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($24,937 per unit), while the average price for exports to India ($51 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 Hong Kong SAR (+45.0%), 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 Australia
For the fourth year in a row, Australia recorded growth in overseas purchases of winches and capstans; not powered by an electric motors, which increased by 9.8% to 387K units in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 42% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of winches and capstans; not powered by an electric motors rose rapidly to $22M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.7% 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 +78.0% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 56% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Australia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.6 | 3.0 | 5.5 | 7.0 | 24.8% |
| Italy | 2.2 | 2.7 | 3.1 | 4.8 | 29.7% |
| United States | 1.7 | 1.2 | 2.2 | 1.6 | -2.0% |
| Singapore | 1.1 | 0.3 | 0.9 | 0.2 | -43.3% |
| Mexico | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 5.7 | 5.3 | 7.7 | 8.7 | 15.1% |
| Total | 14.4 | 12.6 | 19.6 | 22.3 | 15.7% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Australia in 2022:
- Italy (206.3K units)
- China (80.3K units)
- United States (39.6K units)
- Mexico (14.9K units)
- Singapore (2.0K units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in Australia
In 2022, exports of winches and capstans; not powered by an electric motors from Australia rose sharply to 8.4K units, surging by 7.1% on the year before. Overall, exports, however, recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 46% against the previous year. The exports peaked at 9.1K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of winches and capstans; not powered by an electric motors reached $3.2M in 2022. In general, exports, however, recorded a precipitous decline. Over the period under review, the exports of hit record highs at $6.5M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Winches and Capstans; Not Powered by an Electric Motor in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 125 | 220 | 226 | 965 | 97.6% |
| New Zealand | 821 | 557 | 641 | 408 | -20.8% |
| Italy | 60.7 | 107 | 12.8 | 271 | 64.7% |
| United States | 110 | 162 | 173 | 223 | 26.6% |
| Canada | 637 | N/A | 33.4 | 29.5 | -64.1% |
| Singapore | 2,580 | 157 | 17.3 | N/A | -91.8% |
| Others | 2,173 | 2,425 | 2,121 | 1,340 | -14.9% |
| Total | 6,506 | 3,628 | 3,224 | 3,236 | -20.8% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Australia in 2022:
- New Zealand (6.3K units)
- Indonesia (0.7K units)
- United States (0.5K units)
- Italy (0.2K units)
- Canada (0.1K units)
355
This report provides an in-depth analysis of the winche and capstan market in Australia.
309
This report provides an in-depth analysis of the built-in jacking system market in Australia.
376
This report provides an in-depth analysis of the hydraulic jack market in Australia.
323
This report provides an in-depth analysis of the jacks and hoists market in Australia.
375
This report provides an in-depth analysis of the non-electric pulley tackle market in Australia.
268
This report provides an in-depth analysis of the market for pulley tackle and hoists powered by an electric motor in Australia.
455
This report provides an in-depth analysis of the global winche and capstan market.
441
This report provides an in-depth analysis of the global built-in jacking system market.
429
This report provides an in-depth analysis of the global hydraulic jack market.
450
This report provides an in-depth analysis of the global jacks and hoists market.
86
From 2022 to 2023, the import growth of Hydraulic Jack remained subdued, with imports contracting to $68M in 2023.
82
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.
86
From 2022 to 2023, the import growth of Hydraulic Jack remained subdued, with imports contracting to $68M in 2023.
82
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.
