Price for Winches and Capstans; Powered by an Electric Motor in Angola - 2022

Contents:

  1. Price for Winches and Capstans; Powered by an Electric Motor in Angola (FOB) - 2022
  2. Price for Winches and Capstans; Powered by an Electric Motor in Angola (CIF) - 2022
  3. Exports of Winches and Capstans; Powered by an Electric Motor in Angola
  4. Imports of Winches and Capstans; Powered by an Electric Motor in Angola

Price for Winches and Capstans; Powered by an Electric Motor in Angola (FOB) - 2022

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $5,497 per unit, with an increase of 83% against the previous year. Over the period under review, the export price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2020 an increase of 147,718% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2015 to 2022, the rate of growth in terms of prices for the UK amounted to +6.2% per year.

Price for Winches and Capstans; Powered by an Electric Motor in Angola (CIF) - 2022

The average import price for winches and capstans; powered by an electric motors stood at $238 per unit in 2022, falling by -85.9% against the previous year. Over the period under review, the import price showed a deep setback. The pace of growth appeared the most rapid in 2021 when the average import price increased by 125%. As a result, import price attained the peak level of $1,688 per unit, and then reduced dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($19,784 per unit), while the price for Portugal ($78 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Winches and Capstans; Powered by an Electric Motor in Angola

Exports of winches and capstans; powered by an electric motors from Angola skyrocketed to 505 units in 2022, jumping by 3,267% on the previous year. Over the period under review, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of winches and capstans; powered by an electric motors surged to $2.8M in 2022. Overall, exports saw a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 738,989% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Winches and Capstans; Powered by an Electric Motor in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/A29.31.52,518827.0%
NorwayN/A21.441.7N/A94.9%
OthersN/A15.81.9258304.1%
TotalN/A66.545.12,776546.1%

Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Angola in 2022:

  1. United Kingdom (486.0 units)

Imports of Winches and Capstans; Powered by an Electric Motor in Angola

In 2022, imports of winches and capstans; powered by an electric motors into Angola surged to 3.5K units, growing by 295% against 2021 figures. In general, imports continue to indicate a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of winches and capstans; powered by an electric motors dropped notably to $832K in 2022. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 190%. As a result, imports attained the peak of $1.5M, and then dropped rapidly in the following year.

Import of Winches and Capstans; Powered by an Electric Motor in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal25.838.129.3252113.8%
China44.98.178.167.414.5%
United States12.34.10.251.160.8%
Norway8.718.618.23.1-29.1%
Namibia6.317.64.30.5-57.0%
South Korea113196435N/A96.2%
Congo10777.3N/AN/A-27.8%
ItalyN/A1.83.3N/A83.3%
Others10815592745861.9%
Total4265161,49683225.0%

Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Angola in 2022:

  1. Portugal (3248.0 units)
  2. United States (46.0 units)
  3. China (44.0 units)
  4. Norway (5.0 units)
  5. Namibia (1.0 units)

Source: IndexBox Market Intelligence Platform

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