Price for Winches and Capstans; Powered by an Electric Motor in the UK - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in the UK (FOB) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in the UK (CIF) - 2022
- Exports of Winches and Capstans; Powered by an Electric Motor in the UK
- Imports of Winches and Capstans; Powered by an Electric Motor in the UK
Price for Winches and Capstans; Powered by an Electric Motor in the UK (FOB) - 2022
In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $654 per unit, growing by 20% against the previous year. Over the period under review, the export price, however, showed a noticeable setback. The pace of growth appeared the most rapid in 2013 an increase of 35%. Over the period under review, the average export prices reached the maximum at $1,227 per unit in 2015; however, from 2016 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 South Korea ($8,596 per unit), while the average price for exports to Sweden ($169 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 South Korea (+25.4%), 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 the UK (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $591 per unit in 2022, jumping by 16% against the previous year. Overall, the import price recorded buoyant growth. The pace of growth appeared the most rapid in 2019 when the average import price increased by 103%. As a result, import price reached the peak level of $749 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
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 ($2,747 per unit), while the price for Hong Kong SAR ($139 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+32.5%), 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 the UK
In 2022, after three years of growth, there was significant decline in overseas shipments of winches and capstans; powered by an electric motors, when their volume decreased by -20.9% to 62K units. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +7.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +23.5% against 2019 indices. The growth pace was the most rapid in 2021 with an increase of 28%. As a result, the exports reached the peak of 78K units, and then reduced dramatically in the following year.
In value terms, exports of winches and capstans; powered by an electric motors dropped to $40M in 2022. The total export value increased at an average annual rate of +12.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 26%. Over the period under review, the exports of attained the maximum at $43M in 2021, and then shrank in the following year.
| Export of Winches and Capstans; Powered by an Electric Motor in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 4.3 | 3.2 | 3.5 | 5.0 | 5.2% |
| United States | 1.3 | 3.8 | 4.7 | 4.6 | 52.4% |
| Germany | 1.8 | 1.9 | 1.4 | 2.4 | 10.1% |
| Netherlands | 1.7 | 4.2 | 8.5 | 2.1 | 7.3% |
| Belgium | 0.1 | 0.1 | 0.1 | 1.6 | 152.0% |
| Spain | 1.1 | 0.5 | 0.7 | 1.5 | 10.9% |
| Italy | 1.0 | 1.0 | 2.1 | 1.4 | 11.9% |
| Poland | 0.6 | 0.6 | 1.1 | 1.4 | 32.6% |
| United Arab Emirates | 0.9 | 2.1 | 0.1 | 0.8 | -3.9% |
| Sweden | 1.5 | 1.5 | 0.9 | 0.7 | -22.4% |
| Ireland | 0.5 | 0.6 | 0.4 | 0.5 | 0.0% |
| Finland | 0.4 | 0.4 | 0.6 | 0.3 | -9.1% |
| Others | 13.3 | 16.2 | 18.3 | 18.1 | 10.8% |
| Total | 28.7 | 36.3 | 42.6 | 40.4 | 12.1% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from the UK in 2022:
- United States (10.9K units)
- France (10.1K units)
- Germany (7.9K units)
- Netherlands (7.1K units)
- Sweden (4.1K units)
- Belgium (3.9K units)
- Italy (3.0K units)
- Poland (2.8K units)
- Finland (1.6K units)
- United Arab Emirates (1.2K units)
- Spain (1.2K units)
- Ireland (1.1K units)
Imports of Winches and Capstans; Powered by an Electric Motor in the UK
In 2022, imports of winches and capstans; powered by an electric motors into the UK stood at 59K units, with an increase of 4.8% on the previous year. In general, imports, however, continue to indicate a pronounced shrinkage. Over the period under review, imports of hit record highs at 65K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of winches and capstans; powered by an electric motors soared to $35M in 2022. Over the period under review, imports, however, saw a deep setback. Over the period under review, imports of hit record highs at $49M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Winches and Capstans; Powered by an Electric Motor in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.3 | 4.8 | 3.5 | 7.0 | 28.5% |
| China | 5.2 | 6.6 | 8.7 | 5.2 | 0.0% |
| Germany | 27.4 | 3.9 | 2.5 | 5.1 | -42.9% |
| Italy | 0.7 | 0.9 | 1.9 | 3.4 | 69.4% |
| Denmark | 0.2 | 0.1 | 0.5 | 1.6 | 100.0% |
| Thailand | 1.4 | 1.1 | 0.6 | 1.4 | 0.0% |
| Netherlands | N/A | 1.1 | 0.1 | 1.0 | -4.7% |
| Hong Kong SAR | N/A | 0.2 | 0.3 | 0.5 | 58.1% |
| Others | 10.3 | 5.8 | 10.9 | 9.9 | -1.3% |
| Total | 48.6 | 24.5 | 28.9 | 35.1 | -10.3% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to the UK in 2022:
- China (22.9K units)
- Italy (9.9K units)
- Denmark (6.8K units)
- Thailand (5.7K units)
- Hong Kong SAR (3.6K units)
- United States (2.5K units)
- Netherlands (2.0K units)
- Germany (1.9K units)
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