Price for Winches and Capstans; Powered by an Electric Motor in South Africa - 2024
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in South Africa (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in South Africa (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in South Africa
- Exports of Winches and Capstans; Powered by an Electric Motor in South Africa
Price for Winches and Capstans; Powered by an Electric Motor in South Africa (CIF) - 2022
In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $364 per unit, growing by 11% against the previous year. Over the period under review, the import price, however, saw a pronounced descent. The growth pace was the most rapid in 2018 when the average import price increased by 78%. Over the period under review, average import prices hit record highs at $539 per unit in 2012; however, from 2013 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 United States ($3,694 per unit), while the price for China ($139 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+38.5%), 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 South Africa (FOB) - 2022
The average export price for winches and capstans; powered by an electric motors stood at $1,802 per unit in 2022, growing by 73% against the previous year. In general, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 348% against the previous year. Over the period under review, the average export prices hit record highs at $3,021 per unit in 2016; however, from 2017 to 2022, the 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 Singapore ($9,782 per unit), while the average price for exports to Swaziland ($179 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 Singapore (+19.8%), 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 South Africa
In 2022, approx. 15K units of winches and capstans; powered by an electric motors were imported into South Africa; growing by 3.9% compared with 2021 figures. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its volume increased at an average annual rate of +1.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 54%. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of winches and capstans; powered by an electric motors soared to $5.6M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 25%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Winches and Capstans; Powered by an Electric Motor in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,590 | 913 | 1,634 | 1,668 | 1.6% |
| United States | 550 | 1,254 | 310 | 717 | 9.2% |
| United Kingdom | 1,650 | 384 | 587 | 619 | -27.9% |
| Italy | 123 | 159 | 269 | 421 | 50.7% |
| Australia | 61.6 | 28.4 | 45.5 | 417 | 89.2% |
| Finland | 11.9 | N/A | 298 | 262 | 180.3% |
| Taiwan (Chinese) | 208 | 224 | 212 | 154 | -9.5% |
| Thailand | 72.2 | 52.8 | 114 | 45.9 | -14.0% |
| Others | 1,067 | 861 | 1,371 | 1,285 | 6.4% |
| Total | 5,333 | 3,877 | 4,839 | 5,589 | 1.6% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to South Africa in 2022:
- China (12.0K units)
- United Kingdom (0.8K units)
- Australia (0.7K units)
- Italy (0.4K units)
- Finland (0.3K units)
- United States (0.2K units)
- Taiwan (Chinese) (0.2K units)
- Thailand (0.2K units)
Exports of Winches and Capstans; Powered by an Electric Motor in South Africa
In 2022, approx. 1.7K units of winches and capstans; powered by an electric motors were exported from South Africa; which is down by -17.9% against the previous year. Overall, exports recorded a sharp decrease. The smallest decline of -0.8% was in 2021. The exports peaked at 5.5K 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 surged to $3M in 2022. Over the period under review, exports saw a precipitous contraction. The exports peaked at $9M 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 South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Zimbabwe | 235 | 78.7 | 136 | 481 | 27.0% |
| Democratic Republic of the Congo | 240 | 371 | 68.4 | 402 | 18.8% |
| Zambia | 82.2 | 47.6 | 220 | 308 | 55.3% |
| Namibia | 408 | 119 | 205 | 290 | -10.8% |
| United Kingdom | N/A | N/A | 56.3 | 227 | 303.2% |
| Botswana | 180 | 935 | 115 | 139 | -8.3% |
| India | N/A | N/A | 78.8 | 136 | 72.6% |
| Mozambique | 47.0 | 133 | 135 | 105 | 30.7% |
| Singapore | 7,336 | 1,389 | N/A | 39.1 | -82.5% |
| Swaziland | 17.9 | 7.6 | 46.2 | 31.3 | 20.5% |
| Brazil | 54.5 | 281 | N/A | 0.8 | -75.5% |
| Greece | N/A | N/A | 172 | N/A | 0% |
| Egypt | N/A | 565 | 284 | N/A | -49.7% |
| Others | 388 | 746 | 611 | 867 | 30.7% |
| Total | 8,989 | 4,673 | 2,129 | 3,025 | -30.4% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from South Africa in 2022:
- Zimbabwe (308.0 units)
- Namibia (199.0 units)
- Swaziland (175.0 units)
- Mozambique (171.0 units)
- Botswana (131.0 units)
- India (120.0 units)
- United Kingdom (119.0 units)
- Democratic Republic of the Congo (119.0 units)
- Zambia (89.0 units)
- Singapore (4.0 units)
- Brazil (2.0 units)
326
This report provides an in-depth analysis of the winche and capstan market in South Africa.
289
This report provides an in-depth analysis of the built-in jacking system market in South Africa.
356
This report provides an in-depth analysis of the hydraulic jack market in South Africa.
355
This report provides an in-depth analysis of the jacks and hoists market in South Africa.
247
This report provides an in-depth analysis of the non-electric pulley tackle market in South Africa.
391
This report provides an in-depth analysis of the market for pulley tackle and hoists powered by an electric motor in South Africa.
461
This report provides an in-depth analysis of the global winche and capstan market.
442
This report provides an in-depth analysis of the global built-in jacking system market.
433
This report provides an in-depth analysis of the global hydraulic jack market.
452
This report provides an in-depth analysis of the global jacks and hoists market.
132
Hydraulic Jack imports reached a peak of 43K units in November 2023 but significantly declined in the following month. The value of hydraulic jack imports also reduced to $668K in December 2023.
274
In June 2023, the price of the Hydraulic Jack was $34.1 per unit (CIF, South Africa), experiencing a decrease of -24.6% compared to the previous month.
87
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
132
Hydraulic Jack imports reached a peak of 43K units in November 2023 but significantly declined in the following month. The value of hydraulic jack imports also reduced to $668K in December 2023.
274
In June 2023, the price of the Hydraulic Jack was $34.1 per unit (CIF, South Africa), experiencing a decrease of -24.6% compared to the previous month.
87
Global demand for hydraulic jacks and hoists for raising vehicles is expected to continue growing over the next seven years, with market performance forecasted to decelerate but still show positive growth. By 2030, the market volume is projected to reach 73M units with a value of $10.6B. China is the largest consumer and producer of hydraulic jacks, with the United States and India following closely behind. The United States is the largest importer and France is the largest exporter of hydraulic jacks. Overall, the market is expected to see steady growth in the coming years.
