Price for Winches and Capstans; Powered by an Electric Motor in Estonia - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Estonia (FOB) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Estonia (CIF) - 2023
- Exports of Winches and Capstans; Powered by an Electric Motor in Estonia
- Imports of Winches and Capstans; Powered by an Electric Motor in Estonia
Price for Winches and Capstans; Powered by an Electric Motor in Estonia (FOB) - 2022
In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $2,141 per unit, increasing by 27% against the previous year. In general, the export price, however, continues to indicate a deep reduction. The pace of growth was the most pronounced in 2019 an increase of 107%. The export price peaked at $7,204 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($2,991 per unit), while the average price for exports to Latvia ($521 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 United States (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winches and Capstans; Powered by an Electric Motor in Estonia (CIF) - 2023
In December 2023, the average import price for winches and capstans; powered by an electric motors amounted to $899 per unit, growing by 283% against the previous month. Overall, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in August 2023 an increase of 959% m-o-m. Over the period under review, average import prices attained the peak figure at $1,450 per unit in May 2023; however, from June 2023 to December 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Norway ($3,938 per unit), while the price for Finland ($138 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+14.5%), 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 Estonia
In 2022, approx. 796 units of winches and capstans; powered by an electric motors were exported from Estonia; reducing by -14.3% on 2021 figures. Overall, exports showed a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 31% against the previous year. The exports peaked at 1.2K 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 totaled $1.7M in 2022. In general, exports faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. The exports peaked at $2.6M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Winches and Capstans; Powered by an Electric Motor in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 468 | 573 | 704 | 649 | 11.5% |
| Slovakia | 72.4 | 13.1 | N/A | 309 | 62.2% |
| Sweden | 266 | 146 | 243 | 219 | -6.3% |
| United States | 18.2 | 1.5 | 58.0 | 144 | 99.3% |
| Germany | 103 | 79.1 | 144 | 108 | 1.6% |
| Finland | 46.7 | 58.6 | 52.3 | 45.7 | -0.7% |
| Latvia | 0.7 | 1.9 | 5.0 | 25.5 | 231.5% |
| Belarus | 42.4 | N/A | N/A | N/A | 0% |
| Ukraine | 1,402 | 343 | 2.2 | N/A | -96.0% |
| Others | 140 | 108 | 358 | 203 | 13.2% |
| Total | 2,560 | 1,325 | 1,566 | 1,704 | -12.7% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Estonia in 2022:
- Russia (217.0 units)
- Slovakia (158.0 units)
- Sweden (114.0 units)
- United States (74.0 units)
- Germany (57.0 units)
- Latvia (49.0 units)
- Finland (32.0 units)
Imports of Winches and Capstans; Powered by an Electric Motor in Estonia
In 2022, approx. 2.6K units of winches and capstans; powered by an electric motors were imported into Estonia; with a decrease of -3.5% on 2021 figures. Over the period under review, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 44%. Over the period under review, imports of attained the maximum at 3K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of winches and capstans; powered by an electric motors contracted to $1.1M in 2022. Overall, imports saw a abrupt setback. The pace of growth was the most pronounced in 2021 when imports increased by 19%. Over the period under review, imports of hit record highs at $2M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Winches and Capstans; Powered by an Electric Motor in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 31.6 | 13.7 | 43.0 | 273 | 105.2% |
| Finland | 50.5 | 83.3 | 191 | 202 | 58.7% |
| Sweden | 151 | 197 | 251 | 149 | -0.4% |
| China | 208 | 59.2 | 139 | 123 | -16.1% |
| Netherlands | 14.3 | 51.3 | 68.9 | 98.0 | 89.9% |
| Russia | 1,150 | 328 | 4.5 | 96.4 | -56.2% |
| Taiwan (Chinese) | 192 | 15.7 | 30.6 | 44.1 | -38.8% |
| Poland | 5.6 | 167 | 4.5 | 6.3 | 4.0% |
| Denmark | N/A | 3.0 | 3.6 | 5.6 | 36.6% |
| Others | 185 | 120 | 500 | 96.7 | -19.4% |
| Total | 1,988 | 1,039 | 1,235 | 1,095 | -18.0% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Estonia in 2022:
- Finland (1084.0 units)
- China (546.0 units)
- Germany (235.0 units)
- Netherlands (201.0 units)
- Sweden (151.0 units)
- Taiwan (Chinese) (77.0 units)
- Denmark (71.0 units)
- Russia (43.0 units)
- Poland (42.0 units)
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