Price for Winches and Capstans; Not Powered by an Electric Motor in the United States - 2023
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in the United States (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in the United States (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in the United States
- Exports of Winches and Capstans; Not Powered by an Electric Motor in the United States
Price for Winches and Capstans; Not Powered by an Electric Motor in the United States (CIF) - 2022
The average import price for winches and capstans; not powered by an electric motors stood at $15 per unit in 2022, which is down by -5.4% against the previous year. In general, the import price saw a deep downturn. The pace of growth was the most pronounced in 2017 when the average import price increased by 7.9%. The import price peaked at $30 per unit in 2013; however, from 2014 to 2022, 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 Canada ($28 per unit), while the price for Sri Lanka ($1.1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cambodia (+6.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Winches and Capstans; Not Powered by an Electric Motor in the United States (FOB) - 2022
The average export price for winches and capstans; not powered by an electric motors stood at $1,511 per unit in 2022, stabilizing at the previous year. In general, export price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +3.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for winches and capstans; not powered by an electric motors decreased by +0.2% against 2019 indices. The growth pace was the most rapid in 2019 an increase of 38%. The export price peaked in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($2,941 per unit), while the average price for exports to Australia ($777 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 Canada (+7.6%), while the prices for the other major destinations experienced a decline.
Imports of Winches and Capstans; Not Powered by an Electric Motor in the United States
In 2022, approx. 15M units of winches and capstans; not powered by an electric motors were imported into the United States; picking up by 19% against the previous year's figure. In general, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +16.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +57.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 30% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of winches and capstans; not powered by an electric motors expanded rapidly to $217M in 2022. The total import value increased at an average annual rate of +10.3% 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 2021 when imports increased by 24%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Winches and Capstans; Not Powered by an Electric Motor in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 42.5 | 41.7 | 55.0 | 72.7 | 19.6% |
| Canada | 32.2 | 32.9 | 46.0 | 50.4 | 16.1% |
| Mexico | 33.7 | 24.3 | 17.7 | 19.8 | -16.2% |
| Taiwan (Chinese) | 7.0 | 7.2 | 6.9 | 10.8 | 15.6% |
| Cambodia | N/A | N/A | 3.2 | 10.0 | 212.5% |
| Italy | 6.2 | 13.0 | 9.7 | 8.8 | 12.4% |
| Germany | 15.7 | 11.1 | 4.8 | 6.4 | -25.9% |
| India | 1.6 | 1.7 | 2.7 | 6.1 | 56.2% |
| United Kingdom | 2.9 | 3.0 | 11.2 | 4.3 | 14.0% |
| Japan | 2.5 | 7.6 | 2.2 | 3.5 | 11.9% |
| Austria | 1.6 | 0.2 | 1.4 | 2.4 | 14.5% |
| Norway | 0.8 | 0.7 | 9.2 | 0.8 | 0.0% |
| Sri Lanka | N/A | N/A | 0.1 | 0.6 | 500.0% |
| Others | 14.7 | 11.3 | 22.0 | 20.2 | 11.2% |
| Total | 162 | 155 | 192 | 217 | 10.2% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to the United States in 2022:
- China (5.6M units)
- Canada (1.8M units)
- Mexico (1.5M units)
- Taiwan (Chinese) (0.8M units)
- Japan (0.8M units)
- Cambodia (0.8M units)
- Italy (0.5M units)
- India (0.5M units)
- Sri Lanka (0.5M units)
- Austria (0.4M units)
- Germany (0.4M units)
- United Kingdom (0.2M units)
- Norway (0.1M units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in the United States
In 2022, after two years of decline, there was significant growth in overseas shipments of winches and capstans; not powered by an electric motors, when their volume increased by 23% to 65K units. In general, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports of reached the peak figure at 79K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of winches and capstans; not powered by an electric motors soared to $98M in 2022. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports of hit record highs at $119M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Winches and Capstans; Not Powered by an Electric Motor in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 42.9 | 34.6 | 32.2 | 38.2 | -3.8% |
| Mexico | 10.2 | 8.7 | 7.8 | 10.8 | 1.9% |
| United Kingdom | 4.9 | 2.1 | 2.2 | 3.9 | -7.3% |
| China | 2.2 | 1.4 | 1.5 | 3.0 | 10.9% |
| Netherlands | 1.7 | 1.5 | 1.9 | 2.5 | 13.7% |
| France | 2.9 | 2.6 | 1.4 | 2.4 | -6.1% |
| Australia | 2.4 | 1.7 | 2.6 | 1.4 | -16.4% |
| Japan | 0.6 | 0.4 | 0.5 | 1.2 | 26.0% |
| Others | 51.3 | 31.6 | 28.6 | 35.1 | -11.9% |
| Total | 119 | 84.7 | 78.7 | 98.5 | -6.1% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from the United States in 2022:
- Canada (40.0K units)
- Mexico (4.2K units)
- United Kingdom (4.0K units)
- Australia (1.8K units)
- Netherlands (1.4K units)
- Japan (1.3K units)
- China (1.0K units)
- France (0.9K units)
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