Price for Winches and Capstans; Powered by an Electric Motor in Japan - 2022

Contents:

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

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

The average export price for winches and capstans; powered by an electric motors stood at $2,620 per unit in 2022, jumping by 16% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. The export price peaked at $2,623 per unit in 2012; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Thailand ($10,371 per unit), while the average price for exports to the Netherlands ($50 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 Thailand (+6.1%), while the prices for the other major destinations experienced a decline.

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

The average import price for winches and capstans; powered by an electric motors stood at $909 per unit in 2022, leveling off at the previous year. Overall, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2015 an increase of 10%. As a result, import price reached the peak level of $1,285 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($4,226 per unit), while the price for China ($520 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+22.3%), 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 Japan

Exports of winches and capstans; powered by an electric motors from Japan reduced sharply to 12K units in 2022, declining by -24.7% compared with the previous year's figure. Over the period under review, exports showed a deep reduction. The smallest decline of -1.5% was in 2020. Over the period under review, the exports of reached the peak figure at 20K 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 to $32M in 2022. In general, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, the exports attained the peak of $48M. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Winches and Capstans; Powered by an Electric Motor in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20.920.521.423.64.1%
Philippines3.63.42.22.1-16.4%
Saudi Arabia2.72.84.21.3-21.6%
South Korea3.711.21.91.3-29.4%
Taiwan (Chinese)1.91.60.80.8-25.0%
Vietnam0.20.20.40.644.2%
BangladeshN/AN/AN/A0.30%
United States1.30.90.60.3-38.7%
United Arab Emirates0.7N/A0.30.1-47.7%
NetherlandsN/AN/A0.1N/A0%
Others5.57.04.41.6-33.7%
Total40.547.636.532.0-7.6%

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

  1. China (5.2K units)
  2. South Korea (1.7K units)
  3. Saudi Arabia (1.6K units)
  4. Taiwan (Chinese) (1.0K units)
  5. Vietnam (0.7K units)
  6. Bangladesh (0.4K units)
  7. Philippines (0.3K units)
  8. United States (0.2K units)
  9. Netherlands (0.1K units)
  10. United Arab Emirates (0.1K units)

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

In 2022, after three years of growth, there was significant decline in overseas purchases of winches and capstans; powered by an electric motors, when their volume decreased by -9.9% to 32K units. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 with an increase of 31%. Imports peaked at 35K units in 2021, and then shrank in the following year.

In value terms, imports of winches and capstans; powered by an electric motors declined to $29M in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $32M, and then dropped in the following year.

Import of Winches and Capstans; Powered by an Electric Motor in Japan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.212.816.114.53.2%
South Korea5.46.16.16.14.1%
United States3.14.94.44.513.2%
Others4.14.75.84.0-0.8%
Total25.828.432.329.04.0%

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

  1. China (27.8K units)
  2. United States (1.7K units)
  3. South Korea (1.4K units)

Source: IndexBox Market Intelligence Platform

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