Price for Winches and Capstans; Not Powered by an Electric Motor in Hungary - 2023
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Hungary (FOB) - 2023
- Price for Winches and Capstans; Not Powered by an Electric Motor in Hungary (CIF) - 2022
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Hungary
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Hungary
Price for Winches and Capstans; Not Powered by an Electric Motor in Hungary (FOB) - 2023
In December 2023, the average export price for winches and capstans; not powered by an electric motors amounted to $73.5 per unit, rising by 4.3% against the previous month. In general, the export price saw a perceptible increase. The pace of growth appeared the most rapid in February 2023 an increase of 95% against the previous month. As a result, the export price attained the peak level of $83.8 per unit. From March 2023 to December 2023, the the average export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In December 2023, the country with the highest price was Japan ($95.7 per unit), while the average price for exports to the United States ($63.9 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+44.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winches and Capstans; Not Powered by an Electric Motor in Hungary (CIF) - 2022
In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $41 per unit, with an increase of 20% against the previous year. Over the period under review, the import price continues to indicate a modest increase. The pace of growth appeared the most rapid in 2017 when the average import price increased by 86% against the previous year. Over the period under review, average import prices attained the maximum at $101 per unit in 2014; however, from 2015 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 Germany ($234 per unit), while the price for China ($23 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Winches and Capstans; Not Powered by an Electric Motor in Hungary
In 2022, the amount of winches and capstans; not powered by an electric motors exported from Hungary rose modestly to 54K units, growing by 2.9% compared with the year before. Over the period under review, exports recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 157% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, exports of winches and capstans; not powered by an electric motors reduced to $2.5M in 2022. Overall, exports recorded strong growth. The pace of growth was the most pronounced in 2021 with an increase of 124% against the previous year. As a result, the exports reached the peak of $2.6M, and then dropped modestly in the following year.
| Export of Winches and Capstans; Not Powered by an Electric Motor in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 670 | 251 | 846 | 1,175 | 20.6% |
| Germany | 592 | 578 | 725 | 641 | 2.7% |
| Russia | 7.4 | 3.0 | 93.8 | 260 | 227.5% |
| Slovenia | 40.6 | 4.7 | 70.8 | 86.3 | 28.6% |
| Italy | 21.5 | 11.4 | 69.0 | 53.5 | 35.5% |
| Serbia | 20.1 | 33.7 | 30.4 | 44.2 | 30.0% |
| Spain | 33.3 | 6.8 | 49.7 | 26.5 | -7.3% |
| Austria | 5.5 | 19.0 | 519 | 11.6 | 28.2% |
| Georgia | N/A | N/A | N/A | 6.8 | 0% |
| Others | 191 | 265 | 224 | 207 | 2.7% |
| Total | 1,581 | 1,173 | 2,627 | 2,512 | 16.7% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Hungary in 2022:
- United States (28.3K units)
- Russia (11.8K units)
- Germany (3.9K units)
- Slovenia (2.3K units)
- Serbia (1.6K units)
- Georgia (1.1K units)
- Italy (1.1K units)
- Spain (0.8K units)
- Austria (0.1K units)
Imports of Winches and Capstans; Not Powered by an Electric Motor in Hungary
After three years of growth, purchases abroad of winches and capstans; not powered by an electric motors decreased by -1.8% to 51K units in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 122% against the previous year. As a result, imports reached the peak of 51K units, and then fell modestly in the following year.
In value terms, imports of winches and capstans; not powered by an electric motors skyrocketed to $2.1M in 2022. In general, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 102% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Hungary (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 182 | 325 | 758 | 802 | 63.9% |
| Germany | 276 | 106 | 626 | 519 | 23.4% |
| Slovakia | 38.7 | 8.1 | 36.3 | 302 | 98.3% |
| Sweden | 6.5 | N/A | N/A | 211 | 219.0% |
| United States | 196 | 241 | 206 | 7.0 | -67.1% |
| Romania | N/A | 97.8 | 4.5 | N/A | -95.4% |
| Others | 73.9 | 99.6 | 146 | 246 | 49.3% |
| Total | 774 | 878 | 1,776 | 2,088 | 39.2% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Hungary in 2022:
- China (34.2K units)
- Slovakia (10.1K units)
- Germany (2.2K units)
- Sweden (1.9K units)
- United States (0.1K units)
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