Price for Winches and Capstans; Powered by an Electric Motor in Ghana - 2022
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Ghana (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Ghana (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Ghana
- Exports of Winches and Capstans; Powered by an Electric Motor in Ghana
Price for Winches and Capstans; Powered by an Electric Motor in Ghana (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $6,168 per unit in 2022, picking up by 6.1% against the previous year. Over the period under review, the import price saw buoyant growth. The pace of growth appeared the most rapid in 2018 when the average import price increased by 78% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
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 ($8,385 per unit), while the price for the Netherlands ($577 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Angola (+217.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winches and Capstans; Powered by an Electric Motor in Ghana (FOB) - 2022
The average export price for winches and capstans; powered by an electric motors stood at $3,464 per unit in 2022, shrinking by -9.9% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 1,550% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,843 per unit in 2021, and then declined in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Cote d'Ivoire ($4,406 per unit), while the average price for exports to South Africa ($257 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 Cote d'Ivoire (+34.9%), 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 Ghana
In 2022, supplies from abroad of winches and capstans; powered by an electric motors decreased by -49% to 278 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 668%. As a result, imports attained the peak of 545 units, and then reduced markedly in the following year.
In value terms, imports of winches and capstans; powered by an electric motors contracted sharply to $1.7M in 2022. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 1,117% against the previous year. As a result, imports attained the peak of $3.2M, and then contracted sharply in the following year.
| Import of Winches and Capstans; Powered by an Electric Motor in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.1 | 81.4 | 2,948 | 1,015 | 422.9% |
| Angola | N/A | N/A | N/A | 85.6 | 0% |
| Austria | 6.6 | 15.9 | 30.5 | 76.9 | 126.7% |
| Japan | 6.2 | 14.9 | 28.7 | 72.4 | 126.9% |
| Israel | 9.8 | 18.6 | 27.9 | 55.1 | 77.8% |
| Spain | 4.8 | 13.4 | 21.6 | 45.7 | 111.9% |
| Greece | 3.2 | 7.8 | 15.0 | 37.8 | 127.7% |
| Canada | 5.3 | 10.8 | 17.3 | 36.6 | 90.4% |
| Lebanon | 7.3 | 8.5 | 13.6 | 35.5 | 69.4% |
| Netherlands | 4.2 | 7.5 | 10.6 | 19.6 | 67.1% |
| Italy | 0.9 | 3.5 | 5.6 | 11.9 | 136.5% |
| Others | 88.7 | 78.3 | 50.0 | 223 | 36.0% |
| Total | 144 | 260 | 3,169 | 1,715 | 128.4% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Ghana in 2022:
- China (121.0 units)
- Netherlands (34.0 units)
- Canada (19.0 units)
- Angola (14.0 units)
- Japan (12.0 units)
- Austria (12.0 units)
- Spain (11.0 units)
- Israel (9.0 units)
- Italy (7.0 units)
- Greece (6.0 units)
- Lebanon (6.0 units)
Exports of Winches and Capstans; Powered by an Electric Motor in Ghana
In 2022, overseas shipments of winches and capstans; powered by an electric motors decreased by -12.5% to 7 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 60% against the previous year. As a result, the exports reached the peak of 8 units, and then contracted in the following year.
In value terms, exports of winches and capstans; powered by an electric motors declined dramatically to $24K in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 73% against the previous year. As a result, the exports reached the peak of $31K, and then declined rapidly in the following year.
| Export of Winches and Capstans; Powered by an Electric Motor in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 3.6 | 6.1 | 19.3 | 15.2 | 61.6% |
| Cote d'Ivoire | 7.0 | 11.4 | 11.2 | 8.8 | 7.9% |
| South Africa | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.9 | 17.8 | 30.7 | 24.2 | 30.5% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Ghana in 2022:
- Angola (4.0 units)
- Cote d'Ivoire (2.0 units)
- South Africa (1.0 units)
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