Price for Winches and Capstans; Powered by an Electric Motor in Azerbaijan - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Azerbaijan (CIF) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Azerbaijan
Price for Winches and Capstans; Powered by an Electric Motor in Azerbaijan (CIF) - 2022
In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $3,146 per unit, declining by -31.7% against the previous year. In general, the import price continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2015 when the average import price increased by 117% against the previous year. As a result, import price reached the peak level of $16,976 per unit. From 2016 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 UK ($21,813 per unit), while the price for Italy ($930 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 (+27.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Winches and Capstans; Powered by an Electric Motor in Azerbaijan
In 2022, the amount of winches and capstans; powered by an electric motors imported into Azerbaijan soared to 421 units, increasing by 413% against 2021. Over the period under review, imports enjoyed a tangible increase. Over the period under review, imports of hit record highs at 1.6K units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, imports of winches and capstans; powered by an electric motors skyrocketed to $1.3M in 2022. In general, imports, however, faced a abrupt shrinkage. Imports peaked at $4.3M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
| Import of Winches and Capstans; Powered by an Electric Motor in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 306 | 24.3 | 2.2 | 502 | 17.9% |
| Italy | 91.3 | 172 | 25.1 | 182 | 25.9% |
| Poland | 79.6 | 104 | 36.3 | 173 | 29.5% |
| China | 377 | 15.1 | 7.2 | 171 | -23.2% |
| Netherlands | 0.6 | 2.2 | 7.0 | 81.9 | 414.9% |
| United States | 10.0 | 3,093 | 0.1 | 23.8 | 33.5% |
| Turkey | 83.5 | 12.9 | 8.9 | 21.4 | -36.5% |
| Croatia | 506 | 386 | 121 | N/A | -51.1% |
| Others | 598 | 467 | 170 | 169 | -34.4% |
| Total | 2,052 | 4,275 | 378 | 1,324 | -13.6% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Azerbaijan in 2022:
- Italy (196.0 units)
- China (105.0 units)
- Netherlands (43.0 units)
- United Kingdom (23.0 units)
- United States (16.0 units)
- Turkey (15.0 units)
- Poland (9.0 units)
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