Price for Winches and Capstans; Not Powered by an Electric Motor in Myanmar - 2023
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Myanmar (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Myanmar (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Myanmar
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Myanmar
Price for Winches and Capstans; Not Powered by an Electric Motor in Myanmar (CIF) - 2022
The average import price for winches and capstans; not powered by an electric motors stood at $86 per unit in 2022, shrinking by -46.9% against the previous year. Overall, the import price showed a sharp downturn. The most prominent rate of growth was recorded in 2016 an increase of 61% against the previous year. The import price peaked at $975 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($235 per unit), while the price for China stood at $68 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (-6.3%), while the prices for the other major suppliers experienced a decline.
Price for Winches and Capstans; Not Powered by an Electric Motor in Myanmar (FOB) - 2022
In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $83 per unit, standing approx. at the previous year. Over the period under review, the export price recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when the average export price decreased by 99.9% against the previous year. The export price peaked at $9,900 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2013 to 2022, the rate of growth in terms of prices for Singapore amounted to -75.8% per year.
Imports of Winches and Capstans; Not Powered by an Electric Motor in Myanmar
After two years of decline, overseas purchases of winches and capstans; not powered by an electric motors increased by 1,760% to 3.4K units in 2022. In general, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of winches and capstans; not powered by an electric motors soared to $293K in 2022. Overall, imports, however, saw a deep setback. Imports peaked at $442K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 138 | 53.3 | 2.9 | 214 | 15.7% |
| Japan | 26.9 | 2.9 | 0.2 | 44.9 | 18.6% |
| Indonesia | 75.6 | 58.1 | 11.4 | N/A | -61.2% |
| Others | 202 | 30.2 | 15.2 | 33.6 | -45.0% |
| Total | 442 | 145 | 29.6 | 293 | -12.8% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Myanmar in 2022:
- China (3.2K units)
- Japan (0.2K units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in Myanmar
In 2022, exports of winches and capstans; not powered by an electric motors from Myanmar stood at 2 units, approximately equating 2021 figures. Overall, exports saw a sharp decrease. The smallest decline of 99.9% was in 2021. The exports peaked at 4 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, exports of winches and capstans; not powered by an electric motors totaled $165 in 2022. Over the period under review, exports saw a sharp shrinkage. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of reached the peak figure at $40K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
| Export of Winches and Capstans; Not Powered by an Electric Motor in Myanmar (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| South Korea | N/A | N/A | 0.2 | 0% | |
| Indonesia | 0.5 | N/A | N/A | 0% | |
| Japan | 39.1 | N/A | N/A | 0% | |
| Others | N/A | N/A | N/A | 0% | |
| Total | 39.6 | N/A | 0.2 | -92.9% | |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Myanmar in 2022:
- South Korea (2.0 units)
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