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

Contents:

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

Price for Winches and Capstans; Not Powered by an Electric Motor in the UK (FOB) - 2022

The average export price for winches and capstans; not powered by an electric motors stood at $517 per unit in 2022, declining by -27.9% against the previous year. Over the period under review, the export price saw a deep setback. The pace of growth was the most pronounced in 2020 an increase of 38% against the previous year. The export price peaked at $1,460 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($1,721 per unit), while the average price for exports to Croatia ($149 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 (+10.6%), 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 the UK (CIF) - 2022

In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $47 per unit, waning by -33.9% against the previous year. Over the period under review, the import price saw a noticeable decrease. The growth pace was the most rapid in 2019 an increase of 45%. As a result, import price reached the peak level of $91 per unit. From 2020 to 2022, the average 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 Netherlands ($255 per unit), while the price for the United States ($15 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) (+12.6%), 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 the UK

Exports of winches and capstans; not powered by an electric motors from the UK declined slightly to 94K units in 2022, falling by -2.5% against the previous year's figure. Overall, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 83%. As a result, the exports reached the peak of 96K units, and then declined modestly in the following year.

In value terms, exports of winches and capstans; not powered by an electric motors dropped notably to $48M in 2022. Over the period under review, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 123%. As a result, the exports reached the peak of $69M, and then reduced dramatically in the following year.

Export of Winches and Capstans; Not Powered by an Electric Motor in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.70.76.15.7101.2%
India0.70.322.85.598.8%
France1.10.71.05.267.8%
United Arab Emirates6.42.33.83.2-20.6%
United States2.81.96.22.4-5.0%
Turkey0.1N/AN/A2.0171.4%
Germany0.60.42.01.946.8%
Denmark0.4N/A0.41.762.0%
Spain0.20.31.01.7104.1%
Ireland1.10.91.10.7-14.0%
Poland0.70.31.40.4-17.0%
CroatiaN/AN/AN/A0.40%
RomaniaN/AN/A0.10.3200.0%
Others25.022.922.917.3-11.5%
Total39.930.868.848.36.6%

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

  1. France (24.8K units)
  2. Spain (11.2K units)
  3. Denmark (6.8K units)
  4. Turkey (6.1K units)
  5. Germany (5.8K units)
  6. Netherlands (5.7K units)
  7. United Arab Emirates (4.6K units)
  8. India (3.2K units)
  9. United States (3.1K units)
  10. Poland (2.9K units)
  11. Croatia (2.4K units)
  12. Ireland (2.0K units)
  13. Romania (1.6K units)

Imports of Winches and Capstans; Not Powered by an Electric Motor in the UK

For the fourth consecutive year, the UK recorded growth in purchases abroad of winches and capstans; not powered by an electric motors, which increased by 208% to 705K units in 2022. Overall, 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 $33M in 2022. In general, imports continue to indicate a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Winches and Capstans; Not Powered by an Electric Motor in the UK (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.92.43.19.872.8%
United States5.52.91.84.9-3.8%
France1.31.20.83.944.2%
Netherlands0.52.20.53.285.7%
Italy0.40.10.52.686.6%
PolandN/AN/AN/A2.10%
China1.11.01.61.22.9%
Others7.16.47.75.1-10.4%
Total17.816.216.132.822.6%

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

  1. United States (324.8K units)
  2. Poland (103.6K units)
  3. Germany (94.7K units)
  4. France (90.5K units)
  5. Italy (18.7K units)
  6. China (17.8K units)
  7. Netherlands (12.7K units)

Source: IndexBox Market Intelligence Platform

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