Price for Winches and Capstans; Powered by an Electric Motor in Chile - 2024

Contents:

  1. Price for Winches and Capstans; Powered by an Electric Motor in Chile (CIF) - 2024
  2. Price for Winches and Capstans; Powered by an Electric Motor in Chile (FOB) - 2022
  3. Imports of Winches and Capstans; Powered by an Electric Motor in Chile
  4. Exports of Winches and Capstans; Powered by an Electric Motor in Chile

Price for Winches and Capstans; Powered by an Electric Motor in Chile (CIF) - 2024

In January 2024, the average import price for winches and capstans; powered by an electric motors amounted to $501 per unit, which is down by -79.4% against the previous month. Overall, the import price recorded a abrupt slump. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 619% m-o-m. Over the period under review, average import prices reached the peak figure at $2,743 per unit in October 2023; however, from November 2023 to January 2024, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was the United States ($6,573 per unit), while the price for China stood at $258 per unit.

From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+10.8%).

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

The average export price for winches and capstans; powered by an electric motors stood at $7,346 per unit in 2022, waning by -30.9% against the previous year. In general, the export price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 2,190% against the previous year. As a result, the export price attained the peak level of $10,631 per unit, and then dropped remarkably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($46,167 per unit), while the average price for exports to Colombia ($1,046 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 the UK (+26.2%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of winches and capstans; powered by an electric motors imported into Chile reached 6.8K units, remaining relatively unchanged against the previous year's figure. Overall, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 169% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of winches and capstans; powered by an electric motors shrank remarkably to $3.1M in 2022. In general, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports of reached the maximum at $4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Winches and Capstans; Powered by an Electric Motor in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9755461,4321,56417.1%
United States4364575185427.5%
Taiwan (Chinese)13315181.11330.0%
Canada1,54910.434.135.2-71.7%
Others8911,5991,902781-4.3%
Total3,9852,7623,9673,056-8.5%

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

  1. China (6.3K units)
  2. United States (0.1K units)
  3. Taiwan (Chinese) (0.1K units)

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

Exports of winches and capstans; powered by an electric motors from Chile fell rapidly to 32 units in 2022, waning by -34.7% compared with 2021. Over the period under review, exports continue to indicate a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 29%. Over the period under review, the exports of reached the maximum at 51 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 dropped sharply to $235K in 2022. In general, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 when exports increased by 2,853% against the previous year. As a result, the exports reached the peak of $521K, and then reduced sharply in the following year.

Export of Winches and Capstans; Powered by an Electric Motor in Chile (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru68.30.248410916.9%
ArgentinaN/AN/AN/A46.20%
BrazilN/AN/AN/A29.60%
United States1992.525.518.0-55.1%
MexicoN/AN/AN/A16.50%
Bolivia10.61.4N/A10.5-0.3%
Colombia5.2N/AN/A2.1-26.1%
ThailandN/A9.5N/AN/A0%
Paraguay12.70.5N/AN/A-96.1%
Others20.93.611.32.9-48.2%
Total31717.6521235-9.5%

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

  1. Peru (11.0 units)
  2. Bolivia (7.0 units)
  3. Mexico (6.0 units)
  4. Brazil (2.0 units)
  5. United States (2.0 units)
  6. Colombia (2.0 units)
  7. Argentina (1.0 units)

Source: IndexBox Market Intelligence Platform

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