Price for Winches and Capstans; Not Powered by an Electric Motor in Belgium - 2023

Contents:

  1. Price for Winches and Capstans; Not Powered by an Electric Motor in Belgium (CIF) - 2022
  2. Price for Winches and Capstans; Not Powered by an Electric Motor in Belgium (FOB) - 2022
  3. Imports of Winches and Capstans; Not Powered by an Electric Motor in Belgium
  4. Exports of Winches and Capstans; Not Powered by an Electric Motor in Belgium

Price for Winches and Capstans; Not Powered by an Electric Motor in Belgium (CIF) - 2022

In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $138 per unit, falling by -17.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 93% against the previous year. As a result, import price attained the peak level of $351 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($663 per unit), while the price for Taiwan (Chinese) ($29 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.8%), 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 Belgium (FOB) - 2022

The average export price for winches and capstans; not powered by an electric motors stood at $675 per unit in 2022, growing by 142% against the previous year. Over the period under review, the export price enjoyed measured growth. The export price peaked at $1,336 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 export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($1,470 per unit), while the average price for exports to Israel ($98 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 Bahrain (+45.4%), 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 Belgium

In 2022, approx. 38K units of winches and capstans; not powered by an electric motors were imported into Belgium; growing by 6.9% compared with the year before. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -0.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 77% against the previous year. As a result, imports attained the peak of 38K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of winches and capstans; not powered by an electric motors fell to $5.3M in 2022. The total import value increased at an average annual rate of +3.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 22%. Over the period under review, imports of hit record highs at $6M in 2021, and then contracted in the following year.

Import of Winches and Capstans; Not Powered by an Electric Motor in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China796975765755-1.7%
Italy27.9254437705193.4%
Netherlands40752027165917.4%
France21315349664144.4%
Germany1,3261,063429449-30.3%
United Kingdom90.51.288.438361.8%
Taiwan (Chinese)N/A1.110.526.7392.7%
MexicoN/A1.61,970N/A123025.0%
Others1,9222,8661,5591,674-4.5%
Total4,7825,8356,0265,2953.5%

Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Belgium in 2022:

  1. China (21.3K units)
  2. France (7.0K units)
  3. Netherlands (5.0K units)
  4. Italy (1.5K units)
  5. Taiwan (Chinese) (0.9K units)
  6. United Kingdom (0.9K units)
  7. Germany (0.7K units)

Exports of Winches and Capstans; Not Powered by an Electric Motor in Belgium

In 2022, exports of winches and capstans; not powered by an electric motors from Belgium shrank markedly to 5K units, dropping by -27.8% on 2021 figures. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 165% against the previous year. As a result, the exports reached the peak of 6.9K units, and then fell significantly in the following year.

In value terms, exports of winches and capstans; not powered by an electric motors surged to $3.4M in 2022. Overall, exports continue to indicate a abrupt decline. Over the period under review, the exports of hit record highs at $4.1M 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 Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France33.6272323463139.7%
Norway0.5N/A1.8357793.8%
BahrainN/A0.615.33492311.8%
Netherlands1,49228.838.3227-46.6%
United Kingdom94.04.914.821331.3%
Saudi ArabiaN/AN/AN/A1860%
United Arab Emirates18.310.7N/A175112.3%
China2,276N/AN/A118-62.7%
SenegalN/AN/A0.788.312514.3%
Angola0.53.5N/A86.4457.0%
Italy0.21.583959.4567.2%
IsraelN/AN/A0.118.918800.0%
Germany2.437.451.613.678.3%
Others1451,1016541,02491.9%
Total4,0611,4611,9383,378-6.0%

Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Belgium in 2022:

  1. France (1610.0 units)
  2. United Kingdom (396.0 units)
  3. Saudi Arabia (390.0 units)
  4. Netherlands (370.0 units)
  5. Italy (345.0 units)
  6. Bahrain (283.0 units)
  7. Angola (279.0 units)
  8. Norway (243.0 units)
  9. Israel (194.0 units)
  10. United Arab Emirates (142.0 units)
  11. Senegal (137.0 units)
  12. Germany (89.0 units)
  13. China (85.0 units)

Source: IndexBox Market Intelligence Platform

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