Eastern Asia: Winche And Capstan Market 2024

Winche And Capstan Market Size in Eastern Asia

In 2022, the East Asian winche and capstan market decreased by X% to $X, falling for the fifth year in a row after three years of growth. The total consumption indicated slight growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2017 indices. Over the period under review, the market attained the maximum level at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Winche And Capstan Production in Eastern Asia

In value terms, winche and capstan production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

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Winche And Capstan Exports

Exports in Eastern Asia

In 2022, winche and capstan exports in Eastern Asia dropped modestly to X units, flattening at the year before. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by X%. As a result, the exports reached the peak of X units, and then declined modestly in the following year.

In value terms, winche and capstan exports stood at $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

In 2022, China (X units) was the main exporter of winches and capstans in Eastern Asia, committing X% of total export.

China experienced a relatively flat trend pattern with regard to volume of exports of winches and capstans. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($X) also remains the largest winche and capstan supplier in Eastern Asia.

In China, winche and capstan exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Eastern Asia amounted to $X per unit, growing by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to X% per year.

Winche And Capstan Imports

Imports in Eastern Asia

In 2022, the amount of winches and capstans imported in Eastern Asia plummeted to X units, which is down by X% compared with the previous year. In general, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2015 with an increase of X%. As a result, imports reached the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, winche and capstan imports plummeted to $X in 2022. Overall, imports faced a abrupt descent. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

The countries with the highest levels of winche and capstan imports in 2022 were Japan (X units), South Korea (X units) and China (X units), together recording X% of total import. Taiwan (Chinese) (X units) took the next position in the ranking, followed by Hong Kong SAR (X units). All these countries together held near X% share of total imports. Democratic People's Republic of Korea (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Democratic People's Republic of Korea (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, China ($X) constitutes the largest market for imported winches and capstans in Eastern Asia, comprising X% of total imports. The second position in the ranking was held by Japan ($X), with a X% share of total imports. It was followed by South Korea, with a X% share.

In China, winche and capstan imports plunged by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Japan (X% per year) and South Korea (X% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2022, almost unchanged from the previous year. In general, the import price, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2019 when the import price increased by X%. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was China ($X per unit), while Democratic People's Republic of Korea ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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