Price for Winches and Capstans; Powered by an Electric Motor in Lithuania - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Lithuania (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Lithuania (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Lithuania
- Exports of Winches and Capstans; Powered by an Electric Motor in Lithuania
Price for Winches and Capstans; Powered by an Electric Motor in Lithuania (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $406 per unit in 2022, growing by 14% against the previous year. Overall, the import price, however, saw a deep contraction. The growth pace was the most rapid in 2017 when the average import price increased by 43%. Over the period under review, average import prices hit record highs at $1,033 per unit in 2013; however, from 2014 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 the Netherlands ($3,024 per unit), while the price for China ($103 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+15.0%), 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 Lithuania (FOB) - 2022
In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $1,839 per unit, surging by 38% against the previous year. Over the period under review, the export price, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2017 when the average export price increased by 45% against the previous year. As a result, the export price reached the peak level of $2,413 per unit. From 2018 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 Kyrgyzstan ($6,537 per unit), while the average price for exports to Latvia ($527 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 Kyrgyzstan (+124.9%), 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 Lithuania
In 2022, the amount of winches and capstans; powered by an electric motors imported into Lithuania surged to 5.3K units, growing by 63% on 2021 figures. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of winches and capstans; powered by an electric motors soared to $2.1M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Winches and Capstans; Powered by an Electric Motor in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 153 | 0.3 | 3.4 | 705 | 66.4% |
| Netherlands | 11.0 | 87.9 | 246 | 426 | 238.3% |
| China | 162 | 176 | 226 | 271 | 18.7% |
| Spain | 234 | 257 | 434 | 232 | -0.3% |
| Italy | 30.5 | 101 | 38.6 | 226 | 95.0% |
| Germany | 107 | 54.0 | 42.7 | 102 | -1.6% |
| Latvia | 6.4 | 93.1 | 16.6 | 16.7 | 37.7% |
| Poland | 10.7 | 21.5 | 56.5 | 14.5 | 10.7% |
| Russia | 60.8 | 105 | 17.9 | 3.6 | -61.0% |
| Others | 384 | 278 | 69.6 | 137 | -29.1% |
| Total | 1,160 | 1,174 | 1,151 | 2,133 | 22.5% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Lithuania in 2022:
- China (2632.0 units)
- Norway (1927.0 units)
- Netherlands (141.0 units)
- Italy (116.0 units)
- Spain (111.0 units)
- Germany (91.0 units)
- Poland (65.0 units)
- Latvia (36.0 units)
- Russia (3.0 units)
Exports of Winches and Capstans; Powered by an Electric Motor in Lithuania
Exports of winches and capstans; powered by an electric motors from Lithuania declined dramatically to 838 units in 2022, falling by -33.9% on the previous year. In general, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 99%. As a result, the exports reached the peak of 1.3K units, and then declined dramatically in the following year.
In value terms, exports of winches and capstans; powered by an electric motors dropped to $1.5M in 2022. Over the period under review, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 13%. The exports peaked at $1.8M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Winches and Capstans; Powered by an Electric Motor in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 933 | 960 | 634 | 783 | -5.7% |
| Belarus | 193 | 80.2 | 437 | 232 | 6.3% |
| Iceland | 220 | 0.1 | 0.2 | 200 | -3.1% |
| Kyrgyzstan | N/A | N/A | N/A | 85.0 | 0% |
| Latvia | 21.4 | 27.3 | 43.7 | 39.0 | 22.1% |
| Uzbekistan | N/A | 1.8 | N/A | 33.1 | 328.8% |
| Estonia | 4.8 | 12.7 | 13.0 | 13.3 | 40.5% |
| Sri Lanka | N/A | 0.3 | 470 | N/A | 156566.7% |
| Sweden | N/A | 173 | N/A | N/A | 0% |
| Others | 455 | 244 | 92.4 | 155 | -30.2% |
| Total | 1,827 | 1,499 | 1,690 | 1,541 | -5.5% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Lithuania in 2022:
- Iceland (359.0 units)
- Russia (173.0 units)
- Belarus (117.0 units)
- Latvia (74.0 units)
- Uzbekistan (31.0 units)
- Estonia (17.0 units)
- Kyrgyzstan (13.0 units)
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