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

Contents:

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

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

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $353 per unit, picking up by 58% against the previous year. Over the period under review, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +3.9% 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 decreased by -0.4% against 2020 indices. The growth pace was the most rapid in 2014 when the average import price increased by 80% against the previous year. The import price peaked at $355 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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 United States ($1,691 per unit), while the price for China ($194 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+24.1%), 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 New Zealand (FOB) - 2022

The average export price for winches and capstans; powered by an electric motors stood at $1,734 per unit in 2022, rising by 77% against the previous year. Overall, the export price enjoyed a perceptible expansion. Over the period under review, the average export prices attained the maximum at $2,157 per unit in 2017; however, from 2018 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 the United States ($7,828 per unit), while the average price for exports to Belgium ($275 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 United States (+21.9%), 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 New Zealand

In 2022, approx. 16K units of winches and capstans; powered by an electric motors were imported into New Zealand; declining by -26.4% compared with the year before. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 97%. As a result, imports attained the peak of 21K units, and then declined significantly in the following year.

In value terms, imports of winches and capstans; powered by an electric motors surged to $5.5M in 2022. The total import value increased at an average annual rate of +3.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 24%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Winches and Capstans; Powered by an Electric Motor in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4521,3661,8102,08412.8%
Australia7789921,0241,17314.7%
United States1,133362390873-8.3%
Taiwan (Chinese)23121535449328.7%
Thailand87.547.513.313816.4%
Italy10282.471.41133.5%
Belgium1.90.1N/A113290.3%
United Kingdom83610116093.9-51.8%
BrazilN/AN/A92.3N/A0%
Others3576538204266.1%
Total4,9773,8194,7345,5053.4%

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

  1. China (10.8K units)
  2. Australia (1.3K units)
  3. Taiwan (Chinese) (1.3K units)
  4. Belgium (0.6K units)
  5. United States (0.5K units)
  6. Thailand (0.4K units)
  7. Italy (0.3K units)
  8. United Kingdom (0.2K units)

Exports of Winches and Capstans; Powered by an Electric Motor in New Zealand

In 2022, after three years of growth, there was significant decline in shipments abroad of winches and capstans; powered by an electric motors, when their volume decreased by -73% to 1.5K units. Over the period under review, exports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 291%. As a result, the exports attained the peak of 5.6K units, and then shrank rapidly in the following year.

In value terms, exports of winches and capstans; powered by an electric motors dropped dramatically to $2.6M in 2022. Overall, exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 258%. As a result, the exports attained the peak of $5.5M, and then declined dramatically in the following year.

Export of Winches and Capstans; Powered by an Electric Motor in New Zealand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands15119157672368.5%
Australia7878582,770681-4.7%
United States20017496.645431.4%
Taiwan (Chinese)10411918321627.6%
Hong Kong SAR2.31.012.7143296.2%
BelgiumN/AN/AN/A27.20%
GermanyN/AN/A51523.7-95.4%
Others3741951,342364-0.9%
Total1,6191,5375,4962,63217.6%

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

  1. Australia (806.0 units)
  2. Netherlands (180.0 units)
  3. Belgium (99.0 units)
  4. Hong Kong SAR (81.0 units)
  5. Taiwan (Chinese) (74.0 units)
  6. United States (58.0 units)
  7. Germany (37.0 units)

Source: IndexBox Market Intelligence Platform

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