Price for Winches and Capstans; Powered by an Electric Motor in Turkey - 2024
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Turkey (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Turkey (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Turkey
- Exports of Winches and Capstans; Powered by an Electric Motor in Turkey
Price for Winches and Capstans; Powered by an Electric Motor in Turkey (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $878 per unit in 2022, shrinking by -3.5% against the previous year. Over the period under review, the import price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 41%. As a result, import price attained the peak level of $2,382 per unit. From 2015 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 ($3,293 per unit), while the price for China ($396 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 (+14.0%), while the prices for the other major suppliers experienced a decline.
Price for Winches and Capstans; Powered by an Electric Motor in Turkey (FOB) - 2022
In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $2,101 per unit, growing by 95% against the previous year. Over the period under review, the export price, however, recorded a pronounced downturn. The export price peaked at $3,107 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,892 per unit), while the average price for exports to Yemen ($66 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 Iran (+9.0%), 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 Turkey
Imports of winches and capstans; powered by an electric motors into Turkey surged to 49K units in 2022, picking up by 15% against the year before. Overall, imports recorded a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 113%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.
In value terms, imports of winches and capstans; powered by an electric motors rose remarkably to $43M in 2022. In general, total imports indicated significant growth from 2019 to 2022: its value increased at an average annual rate of +21.0% 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 -4.9% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 86%. As a result, imports reached the peak of $45M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Winches and Capstans; Powered by an Electric Motor in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.9 | 13.3 | 11.3 | 14.5 | 28.1% |
| Germany | 5.6 | 11.2 | 7.2 | 10.1 | 21.7% |
| Italy | 1.5 | 4.2 | 4.9 | 5.9 | 57.9% |
| Spain | 2.7 | 2.1 | 4.8 | 1.7 | -14.3% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.4 | 0.5 | 35.7% |
| Others | 7.5 | 14.4 | 10.3 | 10.5 | 11.9% |
| Total | 24.4 | 45.4 | 38.9 | 43.2 | 21.0% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Turkey in 2022:
- China (36.7K units)
- Germany (4.7K units)
- Italy (4.1K units)
- Spain (1.2K units)
- Taiwan (Chinese) (0.8K units)
Exports of Winches and Capstans; Powered by an Electric Motor in Turkey
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 -52.2% to 4K units. Overall, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 127% against the previous year. As a result, the exports reached the peak of 8.3K units, and then shrank significantly in the following year.
In value terms, exports of winches and capstans; powered by an electric motors contracted to $8.3M in 2022. The total export value increased at an average annual rate of +10.2% over the period 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 41%. The exports peaked at $8.9M in 2021, and then declined in the following year.
| Export of Winches and Capstans; Powered by an Electric Motor in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 3,351 | 5,559 | 4,096 | 3,609 | 2.5% |
| Russia | 131 | 64.0 | 792 | 632 | 69.0% |
| Iraq | 124 | 162 | 328 | 469 | 55.8% |
| United Arab Emirates | 96.2 | 18.2 | 78.3 | 452 | 67.5% |
| Pakistan | 80.1 | N/A | N/A | 217 | 39.4% |
| Belarus | N/A | N/A | 95.3 | 198 | 107.8% |
| Qatar | 14.8 | 8.9 | 70.3 | 137 | 110.0% |
| Serbia | 16.4 | 66.2 | 107 | 113 | 90.3% |
| Algeria | 67.2 | 12.4 | 52.8 | 112 | 18.6% |
| Egypt | 242 | 265 | 136 | 51.2 | -40.4% |
| Azerbaijan | 63.5 | 477 | 17.3 | 16.7 | -35.9% |
| Yemen | N/A | N/A | N/A | 13.6 | 0% |
| Liberia | N/A | 0.3 | 350 | 5.2 | 316.3% |
| Others | 2,019 | 2,099 | 2,766 | 2,273 | 4.0% |
| Total | 6,206 | 8,732 | 8,890 | 8,298 | 10.2% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Turkey in 2022:
- Iran (1138.0 units)
- Iraq (475.0 units)
- Russia (442.0 units)
- Algeria (235.0 units)
- Yemen (205.0 units)
- Belarus (115.0 units)
- United Arab Emirates (115.0 units)
- Pakistan (99.0 units)
- Serbia (84.0 units)
- Egypt (82.0 units)
- Qatar (79.0 units)
- Liberia (64.0 units)
- Azerbaijan (14.0 units)
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