Price for Winches and Capstans; Powered by an Electric Motor in Mexico - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Mexico (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Mexico (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Mexico
- Exports of Winches and Capstans; Powered by an Electric Motor in Mexico
Price for Winches and Capstans; Powered by an Electric Motor in Mexico (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $291 per unit in 2022, increasing by 15% against the previous year. In general, import price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +8.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for winches and capstans; powered by an electric motors increased by +100.6% against 2017 indices. The growth pace was the most rapid in 2013 when the average import price increased by 47%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 ($1,051 per unit), while the price for the United States amounted to $131 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.4%), while the prices for the other major suppliers experienced a decline.
Price for Winches and Capstans; Powered by an Electric Motor in Mexico (FOB) - 2022
In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $413 per unit, declining by -48.5% against the previous year. Overall, the export price saw a pronounced decrease. The growth pace was the most rapid in 2015 when the average export price increased by 65%. Over the period under review, the average export prices attained the peak figure at $1,054 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to +8.1% per year.
Imports of Winches and Capstans; Powered by an Electric Motor in Mexico
Imports of winches and capstans; powered by an electric motors into Mexico fell markedly to 63K units in 2022, waning by -21.4% against 2021 figures. Overall, imports recorded a abrupt decrease. The smallest decline of -18.3% was in 2020. Over the period under review, imports of attained the peak figure at 120K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of winches and capstans; powered by an electric motors contracted to $18M in 2022. In general, imports recorded a slight downturn. The growth pace was the most rapid in 2021 with an increase of 4% against the previous year. As a result, imports reached the peak of $20M, and then dropped in the following year.
| Import of Winches and Capstans; Powered by an Electric Motor in Mexico (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.2 | 5.1 | 11.1 | 11.0 | 37.8% |
| United States | 11.4 | 9.8 | 8.8 | 6.8 | -15.8% |
| Taiwan (Chinese) | 0.9 | 0.8 | N/A | N/A | -11.1% |
| Others | 2.7 | 3.6 | 0.3 | 0.3 | -51.9% |
| Total | 19.2 | 19.4 | 20.1 | 18.2 | -1.8% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Mexico in 2022:
- United States (51.9K units)
- China (10.5K units)
Exports of Winches and Capstans; Powered by an Electric Motor in Mexico
In 2022, exports of winches and capstans; powered by an electric motors from Mexico declined significantly to 1 units, dropping by -99.7% against the previous year. Over the period under review, exports showed a dramatic decline. The smallest decline of -2.9% was in 2021. The exports peaked at 484 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of winches and capstans; powered by an electric motors dropped significantly to $413 in 2022. Overall, exports recorded a sharp shrinkage. The smallest decline of -2.2% was in 2020. The exports peaked at $443K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Winches and Capstans; Powered by an Electric Motor in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 394 | 433 | 320 | 0.4 | -89.9% |
| Others | 49.4 | N/A | N/A | N/A | 0% |
| Total | 443 | 433 | 320 | 0.4 | -90.3% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Mexico in 2022:
- United States (1.0 units)
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