Price for Winches and Capstans; Not Powered by an Electric Motor in South Africa - 2024
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in South Africa (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in South Africa (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in South Africa
- Exports of Winches and Capstans; Not Powered by an Electric Motor in South Africa
Price for Winches and Capstans; Not Powered by an Electric Motor in South Africa (CIF) - 2022
The average import price for winches and capstans; not powered by an electric motors stood at $13 per unit in 2022, rising by 3.3% against the previous year. Over the period under review, the import price, however, showed a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 40%. The import price peaked at $65 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.
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 United States ($39 per unit), while the price for Turkey ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+1.3%), while the prices for the other major suppliers experienced a decline.
Price for Winches and Capstans; Not Powered by an Electric Motor in South Africa (FOB) - 2022
The average export price for winches and capstans; not powered by an electric motors stood at $148 per unit in 2022, declining by -56.9% against the previous year. Over the period under review, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2020 an increase of 28%. The export price peaked at $368 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($558 per unit), while the average price for exports to Namibia ($70 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 India (+17.6%), 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 South Africa
For the fourth consecutive year, South Africa recorded growth in supplies from abroad of winches and capstans; not powered by an electric motors, which increased by 0.5% to 332K units in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 126%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of winches and capstans; not powered by an electric motors expanded to $4.3M in 2022. In general, imports, however, faced a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 34%. Imports peaked at $6.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Winches and Capstans; Not Powered by an Electric Motor in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,190 | 1,005 | 1,256 | 1,882 | 16.5% |
| United States | 400 | 247 | 444 | 440 | 3.2% |
| India | 284 | 223 | 219 | 343 | 6.5% |
| Germany | 41.2 | 270 | 1,062 | 255 | 83.6% |
| France | 68.1 | 46.9 | 3.8 | 222 | 48.3% |
| Italy | 137 | 87.6 | 230 | 169 | 7.2% |
| United Kingdom | 2,920 | 38.2 | 284 | 127 | -64.8% |
| Turkey | 72.6 | 95.4 | 169 | 114 | 16.2% |
| Others | 948 | 1,056 | 456 | 729 | -8.4% |
| Total | 6,061 | 3,069 | 4,124 | 4,282 | -10.9% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to South Africa in 2022:
- China (125.4K units)
- Turkey (104.0K units)
- India (22.9K units)
- Italy (18.1K units)
- France (15.0K units)
- United States (11.3K units)
- Germany (7.6K units)
- United Kingdom (5.1K units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in South Africa
In 2022, shipments abroad of winches and capstans; not powered by an electric motors was finally on the rise to reach 8.8K units after two years of decline. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of winches and capstans; not powered by an electric motors dropped sharply to $1.3M in 2022. In general, exports, however, faced a abrupt contraction. The smallest decline of less than 0.1% was in 2020. The exports peaked at $2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Winches and Capstans; Not Powered by an Electric Motor in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Namibia | 226 | 180 | 177 | 415 | 22.5% |
| Zambia | 70.1 | 55.9 | 125 | 175 | 35.7% |
| Botswana | 76.9 | 98.0 | 119 | 109 | 12.3% |
| Democratic Republic of the Congo | 116 | 701 | 109 | 79.7 | -11.8% |
| Mozambique | 84.1 | 213 | 184 | 70.4 | -5.8% |
| Zimbabwe | 29.7 | 77.5 | 255 | 66.0 | 30.5% |
| Swaziland | 40.6 | 34.6 | 20.9 | 35.6 | -4.3% |
| Spain | N/A | 217 | 0.2 | 14.8 | -73.9% |
| Germany | 23.9 | 0.1 | 0.8 | 10.7 | -23.5% |
| India | 249 | N/A | 7.5 | N/A | -82.6% |
| Indonesia | 618 | N/A | N/A | N/A | 0% |
| Others | 449 | 407 | 916 | 324 | -10.3% |
| Total | 1,983 | 1,983 | 1,915 | 1,300 | -13.1% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from South Africa in 2022:
- Namibia (5960.0 units)
- Zimbabwe (583.0 units)
- Zambia (518.0 units)
- Swaziland (307.0 units)
- Botswana (266.0 units)
- Democratic Republic of the Congo (152.0 units)
- Mozambique (150.0 units)
- Germany (121.0 units)
- Spain (72.0 units)
326
This report provides an in-depth analysis of the winche and capstan market in South Africa.
289
This report provides an in-depth analysis of the built-in jacking system market in South Africa.
356
This report provides an in-depth analysis of the hydraulic jack market in South Africa.
354
This report provides an in-depth analysis of the jacks and hoists market in South Africa.
247
This report provides an in-depth analysis of the non-electric pulley tackle market in South Africa.
390
This report provides an in-depth analysis of the market for pulley tackle and hoists powered by an electric motor in South Africa.
460
This report provides an in-depth analysis of the global winche and capstan market.
442
This report provides an in-depth analysis of the global built-in jacking system market.
433
This report provides an in-depth analysis of the global hydraulic jack market.
452
This report provides an in-depth analysis of the global jacks and hoists market.
132
Hydraulic Jack imports reached a peak of 43K units in November 2023 but significantly declined in the following month. The value of hydraulic jack imports also reduced to $668K in December 2023.
274
In June 2023, the price of the Hydraulic Jack was $34.1 per unit (CIF, South Africa), experiencing a decrease of -24.6% compared to the previous month.
83
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.
132
Hydraulic Jack imports reached a peak of 43K units in November 2023 but significantly declined in the following month. The value of hydraulic jack imports also reduced to $668K in December 2023.
274
In June 2023, the price of the Hydraulic Jack was $34.1 per unit (CIF, South Africa), experiencing a decrease of -24.6% compared to the previous month.
83
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.
