Price for Winches and Capstans; Powered by an Electric Motor in Malaysia - 2024

Contents:

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

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

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $25,184 per unit, jumping by 25% against the previous year. Overall, the export price posted a prominent increase. The pace of growth appeared the most rapid in 2013 when the average export price increased by 311%. The export price peaked at $42,490 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($47,178 per unit), while the average price for exports to Indonesia ($1,500 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 Netherlands (+21.0%), 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 Malaysia (CIF) - 2022

The average import price for winches and capstans; powered by an electric motors stood at $1,884 per unit in 2022, falling by -19.4% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 82% against the previous year. Over the period under review, average import prices attained the peak figure at $2,635 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($25,063 per unit), while the price for Thailand ($412 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+33.4%), 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 Malaysia

In 2022, the amount of winches and capstans; powered by an electric motors exported from Malaysia shrank notably to 85 units, falling by -44.4% compared with 2021. Over the period under review, exports faced a precipitous shrinkage. The smallest decline of -17.3% was in 2021. The exports peaked at 545 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 reduced markedly to $2.1M in 2022. Overall, exports faced a sharp shrinkage. The smallest decline of -17.5% was in 2021. The exports peaked at $7.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Winches and Capstans; Powered by an Electric Motor in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore1,4432,0991,5261,176-6.6%
China68.8265502613107.3%
United KingdomN/AN/A596219-63.3%
NetherlandsN/AN/AN/A85.60%
Vietnam82.827.349.823.3-34.5%
Indonesia6.85.433.54.5-12.9%
Thailand5,58758143.73.6-91.4%
IndiaN/A610151N/A-75.2%
Others14614517715.9-52.2%
Total7,3353,7333,0812,141-33.7%

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

  1. Singapore (38.0 units)
  2. Vietnam (14.0 units)
  3. China (13.0 units)
  4. Netherlands (9.0 units)
  5. United Kingdom (6.0 units)
  6. Indonesia (3.0 units)
  7. Thailand (1.0 units)

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

For the third year in a row, Malaysia recorded decline in overseas purchases of winches and capstans; powered by an electric motors, which decreased by -18.4% to 1.1K units in 2022. Overall, imports faced a significant curtailment. Over the period under review, imports of reached the peak figure at 7.7K 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 shrank notably to $2.1M in 2022. Over the period under review, imports faced a sharp slump. The smallest decline of -7% was in 2021. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Winches and Capstans; Powered by an Electric Motor in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China5,077906342766-46.8%
Finland19.912385.1469186.7%
Singapore1,1515842,067125-52.3%
United States19022246.7113-15.9%
Germany4,66066643.070.4-75.3%
Japan74.645.510742.1-17.4%
Taiwan (Chinese)24416060.623.5-54.2%
Thailand85.546.132.317.3-41.3%
Others1,010604339426-25.0%
Total12,5123,3573,1222,052-45.3%

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

  1. China (825.0 units)
  2. Japan (78.0 units)
  3. Thailand (42.0 units)
  4. Finland (40.0 units)
  5. Taiwan (Chinese) (34.0 units)
  6. United States (23.0 units)
  7. Singapore (11.0 units)
  8. Germany (11.0 units)

Source: IndexBox Market Intelligence Platform

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