Price for Winches and Capstans; Powered by an Electric Motor in Costa Rica - 2022
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Costa Rica (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Costa Rica (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Costa Rica
- Exports of Winches and Capstans; Powered by an Electric Motor in Costa Rica
Price for Winches and Capstans; Powered by an Electric Motor in Costa Rica (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $744 per unit in 2022, growing by 45% against the previous year. In general, the import price, however, saw a perceptible curtailment. Over the period under review, average import prices attained the maximum at $1,470 per unit in 2016; however, from 2017 to 2022, 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 China ($1,452 per unit), while the price for Canada ($185 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.5%), while the prices for the other major suppliers experienced a decline.
Price for Winches and Capstans; Powered by an Electric Motor in Costa Rica (FOB) - 2022
In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $2,973 per unit, picking up by 438% against the previous year. Over the period under review, the export price posted a significant increase. The pace of growth was the most pronounced in 2018 when the average export price increased by 664% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($3,724 per unit), while the average price for exports to Nicaragua ($25 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 Vietnam (+308.3%), 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 Costa Rica
In 2022, the amount of winches and capstans; powered by an electric motors imported into Costa Rica fell notably to 221 units, with a decrease of -33.6% on the previous year. In general, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 125%. Imports peaked at 443 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of winches and capstans; powered by an electric motors contracted to $165K in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 194% against the previous year. As a result, imports attained the peak of $171K, and then reduced in the following year.
| Import of Winches and Capstans; Powered by an Electric Motor in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 30.7 | 10.4 | 87.2 | 107 | 51.6% |
| United States | 75.1 | 12.0 | 44.6 | 55.5 | -9.6% |
| Canada | 2.0 | N/A | 0.4 | 1.5 | -9.1% |
| Germany | 32.2 | 4.2 | 10.3 | N/A | -43.4% |
| Finland | N/A | 20.2 | N/A | N/A | 0% |
| Others | 26.5 | 11.2 | 28.2 | 0.1 | -84.4% |
| Total | 167 | 58.0 | 171 | 165 | -0.4% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Costa Rica in 2022:
- United States (138.0 units)
- China (74.0 units)
- Canada (8.0 units)
Exports of Winches and Capstans; Powered by an Electric Motor in Costa Rica
In 2022, after two years of decline, there was significant growth in overseas shipments of winches and capstans; powered by an electric motors, when their volume increased by 100% to 8 units. Over the period under review, exports, however, recorded a abrupt descent. Over the period under review, the exports of attained the peak figure at 11 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of winches and capstans; powered by an electric motors soared to $24K in 2022. In general, exports continue to indicate resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Winches and Capstans; Powered by an Electric Motor in Costa Rica (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.2 | 7.4 | 1.4 | 22.3 | 34.3% |
| Spain | N/A | N/A | N/A | 1.4 | 0% |
| Nicaragua | N/A | 0.5 | 0.2 | N/A | -60.0% |
| Guatemala | 6.2 | 3.7 | 0.6 | N/A | -68.9% |
| Finland | N/A | 2.3 | N/A | N/A | 0% |
| Panama | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 15.5 | 13.9 | 2.2 | 23.8 | 15.4% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Costa Rica in 2022:
- Germany (6.0 units)
- Nicaragua (1.0 units)
- Spain (1.0 units)
129
This report provides an in-depth analysis of the winche and capstan market in Costa Rica.
110
This report provides an in-depth analysis of the built-in jacking system market in Costa Rica.
89
This report provides an in-depth analysis of the hydraulic jack market in Costa Rica.
107
This report provides an in-depth analysis of the jacks and hoists market in Costa Rica.
70
This report provides an in-depth analysis of the non-electric pulley tackle market in Costa Rica.
98
This report provides an in-depth analysis of the market for pulley tackle and hoists powered by an electric motor in Costa Rica.
476
This report provides an in-depth analysis of the global winche and capstan market.
453
This report provides an in-depth analysis of the global built-in jacking system market.
451
This report provides an in-depth analysis of the global hydraulic jack market.
468
This report provides an in-depth analysis of the global jacks and hoists market.
131
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.
131
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.
