Latin America and the Caribbean: Winche And Capstan Market 2024

Winche And Capstan Market Size in Latin America and the Caribbean

The Latin American winche and capstan market surged to $X in 2022, picking up by X% against the previous year. In general, consumption enjoyed a resilient increase. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in years to come.

Winche And Capstan Production in Latin America and the Caribbean

In value terms, winche and capstan production fell to $X in 2022 estimated in export price. In general, production, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2015 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Winche And Capstan Exports

Exports in Latin America and the Caribbean

In 2022, shipments abroad of winches and capstans was finally on the rise to reach X units after seven years of decline. Overall, exports, however, recorded a perceptible downturn. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2022, the growth of the exports failed to regain momentum.

In value terms, winche and capstan exports soared to $X in 2022. Over the period under review, exports, however, showed a perceptible shrinkage. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Mexico (X units) and Brazil (X units) dominates exports structure, together committing X% of total exports. Ecuador (X units) took a minor share of total exports.

From 2012 to 2022, the biggest increases were recorded for Ecuador (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Mexico ($X) remains the largest winche and capstan supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Mexico stood at X%. In the other countries, the average annual rates were as follows: Brazil (X% per year) and Ecuador (X% per year).

Export Prices by Country

In 2022, the export price in Latin America and the Caribbean amounted to $X per unit, rising by X% against the previous year. Export price indicated slight growth from 2012 to 2022: its price 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, winche and capstan export price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Ecuador ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (X%), while the other leaders experienced mixed trends in the export price figures.

Winche And Capstan Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad of winches and capstans increased by X% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports, however, recorded a perceptible decrease. Over the period under review, imports attained the peak figure at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, winche and capstan imports surged to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Brazil was the key importer of winches and capstans in Latin America and the Caribbean, with the volume of imports reaching X units, which was near X% of total imports in 2022. Mexico (X units) ranks second in terms of the total imports with a X% share, followed by Chile (X%). Argentina (X units), Peru (X units) and Colombia (X units) held a little share of total imports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Mexico ($X) and Chile ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports.

Chile, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Latin America and the Caribbean amounted to $X per unit, falling by X% against the previous year. Import price indicated modest growth from 2012 to 2022: its price 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, winche and capstan import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Chile ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Argentina (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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