Price for Winches and Capstans; Powered by an Electric Motor in Singapore - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Singapore (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Singapore (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Singapore
- Exports of Winches and Capstans; Powered by an Electric Motor in Singapore
Price for Winches and Capstans; Powered by an Electric Motor in Singapore (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $6,026 per unit in 2022, with an increase of 59% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The pace of growth was the most pronounced in 2019 when the average import price increased by 73%. Over the period under review, average import prices hit record highs at $14,109 per unit in 2020; however, from 2021 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 the UK ($13,148 per unit), while the price for Taiwan (Chinese) ($391 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Winches and Capstans; Powered by an Electric Motor in Singapore (FOB) - 2022
The average export price for winches and capstans; powered by an electric motors stood at $8,760 per unit in 2022, with a decrease of -37.3% against the previous year. In general, the export price showed a slight reduction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 43% against the previous year. The export price peaked at $17,151 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($40,801 per unit), while the average price for exports to Germany ($2,736 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 Indonesia (+21.3%), 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 Singapore
In 2022, the amount of winches and capstans; powered by an electric motors imported into Singapore declined significantly to 2.9K units, shrinking by -41.8% on 2021. In general, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 164%. As a result, imports attained the peak of 5K units, and then contracted remarkably in the following year.
In value terms, imports of winches and capstans; powered by an electric motors contracted to $17M in 2022. Overall, imports recorded a deep setback. Imports peaked at $34M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Winches and Capstans; Powered by an Electric Motor in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 12.3 | 6.2 | 5.0 | 5.1 | -25.4% |
| United States | 8.5 | 3.9 | 0.8 | 3.1 | -28.6% |
| Malaysia | 0.8 | 0.3 | 0.1 | 2.5 | 46.2% |
| China | 1.6 | 2.0 | 0.9 | 2.0 | 7.7% |
| Germany | 1.0 | 0.5 | 0.2 | 0.5 | -20.6% |
| Belgium | N/A | N/A | N/A | 0.5 | 0% |
| Italy | 0.3 | N/A | 9.9 | 0.3 | 0.0% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Others | 9.2 | 13.5 | 1.7 | 3.2 | -29.7% |
| Total | 33.7 | 26.5 | 18.8 | 17.4 | -19.8% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Singapore in 2022:
- Taiwan (Chinese) (791.0 units)
- United Kingdom (386.0 units)
- United States (333.0 units)
- Germany (291.0 units)
- China (267.0 units)
- Malaysia (257.0 units)
- Belgium (222.0 units)
- Italy (140.0 units)
Exports of Winches and Capstans; Powered by an Electric Motor in Singapore
In 2022, approx. 1.9K units of winches and capstans; powered by an electric motors were exported from Singapore; growing by 147% on 2021. Overall, exports enjoyed a perceptible expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of winches and capstans; powered by an electric motors soared to $16M in 2022. In general, exports, however, recorded a abrupt curtailment. The exports peaked at $25M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Winches and Capstans; Powered by an Electric Motor in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | 6.9 | 1.0 | 2.3 | 6.4 | -2.5% |
| Indonesia | 3.4 | 1.3 | 2.5 | 3.1 | -3.0% |
| Bangladesh | N/A | N/A | N/A | 2.3 | 0% |
| Taiwan (Chinese) | 1.1 | 0.2 | 0.1 | 1.8 | 17.8% |
| Vietnam | N/A | 0.2 | 0.3 | 0.1 | -29.3% |
| China | 2.4 | 1.3 | N/A | N/A | -45.8% |
| Australia | 3.4 | 0.8 | 2.9 | N/A | -7.6% |
| Others | 7.9 | 3.3 | 2.5 | 2.7 | -30.1% |
| Total | 25.1 | 8.0 | 10.7 | 16.5 | -13.0% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Singapore in 2022:
- Malaysia (762.0 units)
- Bangladesh (668.0 units)
- Taiwan (Chinese) (174.0 units)
- Indonesia (135.0 units)
- Vietnam (19.0 units)
- Australia (1.0 units)
- China (1.0 units)
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