Price for Winches and Capstans; Not Powered by an Electric Motor in Vietnam - 2022
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Vietnam (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Vietnam (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Vietnam
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Vietnam
Price for Winches and Capstans; Not Powered by an Electric Motor in Vietnam (CIF) - 2022
In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $577 per unit, dropping by -4.1% against the previous year. Overall, the import price continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 66% against the previous year. The import price peaked at $1,098 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat 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 Romania ($1,707 per unit), while the price for Russia ($360 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.9%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $675 per unit, rising by 22% against the previous year. Overall, the export price, however, saw a mild curtailment. The growth pace was the most rapid in 2016 when the average export price increased by 36%. As a result, the export price reached the peak level of $913 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($15,862 per unit), while the average price for exports to France ($78 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 Belgium (+528,633.3%), 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 Vietnam
In 2022, supplies from abroad of winches and capstans; not powered by an electric motors decreased by -12.3% to 14K units, falling for the second consecutive year after two years of growth. Overall, imports, however, saw strong growth. The most prominent rate of growth was recorded in 2020 when imports increased by 134% against the previous year. As a result, imports reached the peak of 25K 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 shrank markedly to $8.2M in 2022. The total import value increased at an average annual rate of +5.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year. Over the period under review, imports of hit record highs at $9.8M in 2021, and then shrank dramatically in the following year.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.8 | 3.8 | 3.6 | 4.7 | 7.3% |
| Romania | 0.4 | 0.6 | 0.2 | 1.2 | 44.2% |
| Japan | 0.5 | 0.4 | 0.6 | 0.5 | 0.0% |
| Italy | N/A | N/A | 0.1 | 0.3 | 200.0% |
| Croatia | 0.6 | 0.5 | 0.7 | N/A | 8.0% |
| Indonesia | N/A | 1.9 | 2.1 | N/A | 10.5% |
| Philippines | N/A | N/A | N/A | N/A | 0% |
| Singapore | N/A | N/A | 0.9 | N/A | 0% |
| Others | 1.7 | 1.7 | 1.6 | 1.6 | -2.0% |
| Total | 7.0 | 9.0 | 9.8 | 8.2 | 5.4% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Vietnam in 2022:
- China (12.3K units)
- Romania (0.7K units)
- Japan (0.3K units)
- Italy (0.2K units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in Vietnam
In 2022, the amount of winches and capstans; not powered by an electric motors exported from Vietnam dropped sharply to 61 units, falling by -59.3% against the previous year. In general, exports saw a sharp slump. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. Over the period under review, the exports of reached the peak figure at 569 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of winches and capstans; not powered by an electric motors fell dramatically to $41K in 2022. Overall, exports showed a precipitous shrinkage. The smallest decline of -5.8% was in 2021. The exports peaked at $393K 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | N/A | N/A | N/A | 15.9 | 0% |
| Netherlands | 2.4 | 0.1 | N/A | 15.4 | 85.8% |
| Australia | 0.4 | 0.1 | 0.1 | 3.5 | 106.1% |
| South Korea | 1.7 | 0.2 | 0.3 | 2.4 | 12.2% |
| Mozambique | 0.3 | N/A | N/A | 1.6 | 74.7% |
| Japan | 17.0 | 8.3 | 0.1 | 0.8 | -63.9% |
| France | 1.9 | 0.4 | 0.4 | 0.7 | -28.3% |
| Sri Lanka | 10.5 | 1.5 | 1.2 | N/A | -66.2% |
| China | 25.2 | 3.2 | 2.4 | N/A | -69.1% |
| Switzerland | 254 | 53.5 | 0.3 | N/A | -96.6% |
| United States | 0.2 | 9.7 | 0.7 | N/A | 87.1% |
| Cambodia | 38.7 | 1.6 | 0.1 | N/A | -94.9% |
| Indonesia | 3.6 | 0.8 | 68.3 | N/A | 335.6% |
| Others | 36.4 | 8.9 | 9.3 | 0.9 | -70.9% |
| Total | 393 | 88.3 | 83.2 | 41.2 | -52.8% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Vietnam in 2022:
- Australia (28.0 units)
- Netherlands (14.0 units)
- France (9.0 units)
- South Korea (4.0 units)
- Mozambique (3.0 units)
- Belgium (1.0 units)
- Japan (1.0 units)
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