Price for Winches and Capstans; Powered by an Electric Motor in the United Arab Emirates - 2022

Contents:

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

Price for Winches and Capstans; Powered by an Electric Motor in the United Arab Emirates (CIF) - 2022

The average import price for winches and capstans; powered by an electric motors stood at $767 per unit in 2022, rising by 6% against the previous year. Overall, the import price, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2019 an increase of 24%. As a result, import price reached the peak level of $1,162 per unit. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($2,745 per unit), while the price for China ($436 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1.6%), 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 the United Arab Emirates (FOB) - 2022

The average export price for winches and capstans; powered by an electric motors stood at $8,912 per unit in 2022, increasing by 17% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 52%. The export price peaked at $14,472 per unit in 2017; however, from 2018 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 Norway ($13,950 per unit), while the average price for exports to Kazakhstan ($618 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 Democratic Republic of the Congo (+266.2%), 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 the United Arab Emirates

In 2022, overseas purchases of winches and capstans; powered by an electric motors decreased by -24.4% to 17K units, falling for the second year in a row after two years of growth. Overall, total imports indicated temperate growth from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -28.1% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 49% against the previous year. As a result, imports attained the peak of 24K units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of winches and capstans; powered by an electric motors declined dramatically to $13M in 2022. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 20% against the previous year. As a result, imports attained the peak of $22M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Winches and Capstans; Powered by an Electric Motor in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.78.02.94.9-17.4%
United States1.04.37.71.719.3%
Denmark0.3N/AN/A1.571.0%
Taiwan (Chinese)0.70.40.60.84.6%
Italy1.81.50.80.5-34.8%
United Kingdom0.92.10.10.4-23.7%
Oman0.11.7N/AN/A1600.0%
Others5.24.34.33.3-14.1%
Total18.722.416.413.2-11.0%

Top Suppliers of Winches and Capstans; Powered by an Electric Motor to the United Arab Emirates in 2022:

  1. China (11.3K units)
  2. United States (2.4K units)
  3. Denmark (1.3K units)
  4. United Kingdom (0.6K units)
  5. Italy (0.3K units)
  6. Taiwan (Chinese) (0.3K units)

Exports of Winches and Capstans; Powered by an Electric Motor in the United Arab Emirates

In 2022, the amount of winches and capstans; powered by an electric motors exported from the United Arab Emirates skyrocketed to 466 units, picking up by 26% on the previous year's figure. Overall, exports, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2021 with an increase of 27% against the previous year. The exports peaked at 596 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 soared to $4.2M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Winches and Capstans; Powered by an Electric Motor in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia17727096.51,37898.2%
Norway1,497N/AN/A293-41.9%
Oman418457382226-18.5%
EgyptN/AN/A88.9192116.0%
United Kingdom16.0N/A54.1192128.9%
KuwaitN/A1.4588155952.2%
JordanN/AN/AN/A1500%
QatarN/AN/AN/A83.00%
Democratic Republic of the Congo5.0N/AN/A77.1148.9%
NigeriaN/AN/A0.662.610333.3%
BahrainN/A0.611.359.6896.7%
CongoN/A1.8N/A26.5283.7%
KazakhstanN/AN/A0.122.922800.0%
Others1,1761,7161,5781,2361.7%
Total3,2892,4462,8004,1538.1%

Top Export Markets for Winches and Capstans; Powered by an Electric Motor from the United Arab Emirates in 2022:

  1. Saudi Arabia (112.0 units)
  2. United Kingdom (53.0 units)
  3. Oman (37.0 units)
  4. Kazakhstan (37.0 units)
  5. Kuwait (36.0 units)
  6. Egypt (27.0 units)
  7. Norway (21.0 units)
  8. Jordan (21.0 units)
  9. Nigeria (20.0 units)
  10. Bahrain (13.0 units)
  11. Democratic Republic of the Congo (11.0 units)
  12. Qatar (9.0 units)
  13. Congo (7.0 units)

Source: IndexBox Market Intelligence Platform

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