Price for Winches and Capstans; Powered by an Electric Motor in Indonesia - 2022

Contents:

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

Price for Winches and Capstans; Powered by an Electric Motor in Indonesia (CIF) - 2022

The average import price for winches and capstans; powered by an electric motors stood at $615 per unit in 2022, which is down by -22.6% against the previous year. Over the period under review, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2016 an increase of 14%. As a result, import price attained the peak level of $1,634 per unit. From 2017 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 the United States ($5,316 per unit), while the price for China ($214 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 (+13.2%), while the prices for the other major suppliers experienced a decline.

Price for Winches and Capstans; Powered by an Electric Motor in Indonesia (FOB) - 2022

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $1,758 per unit, rising by 5.6% against the previous year. In general, the export price, however, continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the peak figure at $3,736 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Singapore ($3,311 per unit), while the average price for exports to Malaysia ($1,305 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 Myanmar (+34.7%), 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 Indonesia

In 2022, the amount of winches and capstans; powered by an electric motors imported into Indonesia skyrocketed to 18K units, rising by 76% compared with 2021 figures. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of winches and capstans; powered by an electric motors soared to $11M in 2022. Overall, total imports indicated a resilient increase 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, imports decreased by -8.2% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 38%. As a result, imports attained the peak of $12M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Winches and Capstans; Powered by an Electric Motor in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.61.91.74.8100.0%
China2.42.42.23.412.3%
Singapore0.40.50.40.720.5%
United Kingdom0.15.10.30.10.0%
France2.2N/A1.1N/A-29.3%
Others2.92.02.42.0-11.6%
Total8.711.98.010.97.8%

Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Indonesia in 2022:

  1. China (15.8K units)
  2. United States (0.9K units)
  3. Singapore (0.9K units)

Exports of Winches and Capstans; Powered by an Electric Motor in Indonesia

Exports of winches and capstans; powered by an electric motors from Indonesia soared to 2.3K units in 2022, rising by 54% against 2021. In general, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 121%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of winches and capstans; powered by an electric motors skyrocketed to $4.1M in 2022. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 105% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in the near future.

Export of Winches and Capstans; Powered by an Electric Motor in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia1.41.36392,0781040.7%
Singapore3507971,2511,59365.7%
Myanmar16.484.0175348176.9%
Thailand76.4122117N/A23.8%
United States23.836.333.2N/A18.1%
Japan22.731.526.2N/A7.4%
United Arab Emirates10918.3184N/A29.9%
Others18013480.254.5-32.9%
Total7791,2242,5064,07473.6%

Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Indonesia in 2022:

  1. Malaysia (1593.0 units)
  2. Singapore (481.0 units)
  3. Myanmar (230.0 units)

Source: IndexBox Market Intelligence Platform

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