Price for Winches and Capstans; Powered by an Electric Motor in Canada - 2024
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Canada (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Canada (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Canada
- Exports of Winches and Capstans; Powered by an Electric Motor in Canada
Price for Winches and Capstans; Powered by an Electric Motor in Canada (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $223 per unit in 2022, picking up by 24% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $233 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($617 per unit), while the price for China ($139 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Winches and Capstans; Powered by an Electric Motor in Canada (FOB) - 2022
The average export price for winches and capstans; powered by an electric motors stood at $1,071 per unit in 2022, growing by 60% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average export price increased by 97%. As a result, the export price attained the peak level of $2,177 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
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 Saudi Arabia ($11,167 per unit), while the average price for exports to Austria ($419 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 Saudi Arabia (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Winches and Capstans; Powered by an Electric Motor in Canada
After three years of growth, supplies from abroad of winches and capstans; powered by an electric motors decreased by -15.8% to 208K units in 2022. The total import volume increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 29%. As a result, imports attained the peak of 247K units, and then fell rapidly in the following year.
In value terms, imports of winches and capstans; powered by an electric motors expanded modestly to $46M in 2022. The total import value increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 28%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Winches and Capstans; Powered by an Electric Motor in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 14.4 | 16.8 | 23.5 | 21.7 | 14.6% |
| United States | 17.2 | 13.2 | 15.4 | 18.6 | 2.6% |
| Germany | 2.1 | 2.1 | 2.0 | 2.1 | 0.0% |
| Netherlands | 0.2 | 0.1 | 0.7 | 1.0 | 71.0% |
| Others | 3.4 | 2.6 | 2.8 | 3.1 | -3.0% |
| Total | 37.2 | 34.8 | 44.4 | 46.5 | 7.7% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Canada in 2022:
- China (156.0K units)
- United States (39.2K units)
- Netherlands (4.1K units)
- Germany (3.3K units)
Exports of Winches and Capstans; Powered by an Electric Motor in Canada
For the third consecutive year, Canada recorded decline in overseas shipments of winches and capstans; powered by an electric motors, which decreased by -18.6% to 33K units in 2022. Overall, exports saw a abrupt downturn. The smallest decline of -3.2% was in 2020. The exports peaked at 44K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of winches and capstans; powered by an electric motors skyrocketed to $35M in 2022. In general, exports recorded a noticeable decrease. Over the period under review, the exports of reached the maximum at $39M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Winches and Capstans; Powered by an Electric Motor in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 19.3 | 17.2 | 18.7 | 14.7 | -8.7% |
| Saudi Arabia | 0.1 | N/A | N/A | 10.3 | 368.8% |
| Australia | 0.2 | 0.2 | 0.3 | 1.0 | 71.0% |
| Japan | 4.5 | 9.7 | 0.2 | 0.3 | -59.5% |
| Austria | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
| Others | 14.9 | 10.3 | 7.8 | 8.7 | -16.4% |
| Total | 39.2 | 37.4 | 27.1 | 35.3 | -3.4% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Canada in 2022:
- United States (29.0K units)
- Saudi Arabia (0.9K units)
- Australia (0.7K units)
- Austria (0.6K units)
- Japan (0.1K units)
294
This report provides an in-depth analysis of the winche and capstan market in Canada.
340
This report provides an in-depth analysis of the built-in jacking system market in Canada.
408
This report provides an in-depth analysis of the hydraulic jack market in Canada.
308
This report provides an in-depth analysis of the jacks and hoists market in Canada.
278
This report provides an in-depth analysis of the non-electric pulley tackle market in Canada.
279
This report provides an in-depth analysis of the market for pulley tackle and hoists powered by an electric motor in Canada.
458
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.
431
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.
92
From September 2023 to January 2024, the growth of the exports of Jacks and Hoists remained at a lower figure. In value terms, Jacks and Hoists exports soared to $7.8M in January 2024.
195
The price of Jacks And Hoists in June 2023 was $22.0 per unit (FOB, Canada), showing a 12% increase 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.
92
From September 2023 to January 2024, the growth of the exports of Jacks and Hoists remained at a lower figure. In value terms, Jacks and Hoists exports soared to $7.8M in January 2024.
195
The price of Jacks And Hoists in June 2023 was $22.0 per unit (FOB, Canada), showing a 12% increase 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.
