Price for Winches and Capstans; Powered by an Electric Motor in Finland - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Finland (FOB) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Finland (CIF) - 2022
- Exports of Winches and Capstans; Powered by an Electric Motor in Finland
- Imports of Winches and Capstans; Powered by an Electric Motor in Finland
Price for Winches and Capstans; Powered by an Electric Motor in Finland (FOB) - 2022
The average export price for winches and capstans; powered by an electric motors stood at $2,280 per unit in 2022, growing by 20% against the previous year. Overall, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for winches and capstans; powered by an electric motors increased by +50.1% against 2020 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 42% against the previous year. As a result, the export price reached the peak level of $2,786 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($4,995 per unit), while the average price for exports to Estonia ($148 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 China (+12.4%), 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 Finland (CIF) - 2022
In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $369 per unit, almost unchanged from the previous year. Over the period under review, the import price saw a slight descent. The pace of growth appeared the most rapid in 2013 when the average import price increased by 40% against the previous year. As a result, import price attained the peak level of $608 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
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 Italy ($2,689 per unit), while the price for Taiwan (Chinese) ($115 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+17.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Winches and Capstans; Powered by an Electric Motor in Finland
In 2022, approx. 35K units of winches and capstans; powered by an electric motors were exported from Finland; surging by 3.1% against the previous year. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +17.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +63.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 32% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of winches and capstans; powered by an electric motors skyrocketed to $79M in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 65%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Winches and Capstans; Powered by an Electric Motor in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 16.6 | 23.9 | 28.6 | 35.6 | 29.0% |
| China | 1.5 | 2.1 | 16.7 | 24.8 | 154.8% |
| Germany | 14.3 | 10.9 | 15.9 | 15.9 | 3.6% |
| Poland | 0.3 | 0.6 | 0.6 | 1.4 | 67.1% |
| Sweden | 0.4 | 0.2 | 0.4 | 0.5 | 7.7% |
| Norway | 0.3 | 0.3 | 0.6 | 0.4 | 10.1% |
| Estonia | 0.2 | 0.2 | 0.2 | 0.3 | 14.5% |
| Others | 0.8 | 0.8 | 1.2 | 0.5 | -14.5% |
| Total | 34.3 | 38.9 | 64.3 | 79.4 | 32.3% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Finland in 2022:
- Italy (18.2K units)
- China (5.0K units)
- Germany (4.6K units)
- Poland (2.7K units)
- Estonia (1.7K units)
- Sweden (1.2K units)
- Norway (0.7K units)
Imports of Winches and Capstans; Powered by an Electric Motor in Finland
In 2022, after three years of growth, there was significant decline in purchases abroad of winches and capstans; powered by an electric motors, when their volume decreased by -48.9% to 19K units. Over the period under review, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 184%. As a result, imports attained the peak of 37K units, and then contracted rapidly in the following year.
In value terms, imports of winches and capstans; powered by an electric motors shrank dramatically to $7M in 2022. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 88%. As a result, imports reached the peak of $14M, and then dropped rapidly in the following year.
| Import of Winches and Capstans; Powered by an Electric Motor in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,282 | 2,147 | 2,453 | 1,987 | -4.5% |
| China | 1,798 | 1,359 | 3,175 | 1,289 | -10.5% |
| Sweden | 281 | 865 | 1,293 | 888 | 46.7% |
| Estonia | 361 | 340 | 546 | 734 | 26.7% |
| Norway | 291 | 339 | 458 | 464 | 16.8% |
| Canada | 33.0 | 111 | 17.7 | 365 | 122.8% |
| United Kingdom | 174 | 146 | 427 | 310 | 21.2% |
| Germany | 334 | 160 | 3,853 | 233 | -11.3% |
| United States | 572 | 134 | 247 | 194 | -30.3% |
| South Korea | 18.6 | 1,196 | 869 | 155 | 102.7% |
| Taiwan (Chinese) | 57.9 | 37.4 | 91.4 | 54.8 | -1.8% |
| Others | 879 | 534 | 419 | 351 | -26.4% |
| Total | 7,082 | 7,369 | 13,850 | 7,026 | -0.3% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Finland in 2022:
- China (9.0K units)
- Canada (2.7K units)
- Sweden (2.3K units)
- United States (1.0K units)
- Norway (0.8K units)
- Italy (0.7K units)
- Taiwan (Chinese) (0.5K units)
- United Kingdom (0.5K units)
- Germany (0.4K units)
- Estonia (0.3K units)
- South Korea (0.2K units)
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