Price for Winches and Capstans; Powered by an Electric Motor in the United States - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in the United States (CIF) - 2023
- Price for Winches and Capstans; Powered by an Electric Motor in the United States (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in the United States
- Exports of Winches and Capstans; Powered by an Electric Motor in the United States
Price for Winches and Capstans; Powered by an Electric Motor in the United States (CIF) - 2023
The average import price for winches and capstans; powered by an electric motors stood at $161 per unit in December 2023, surging by 13% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in April 2023 an increase of 18% m-o-m. The import price peaked at $228 per unit in August 2023; however, from September 2023 to December 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Canada ($542 per unit), while the price for China amounted to $106 per unit.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (-0.7%).
Price for Winches and Capstans; Powered by an Electric Motor in the United States (FOB) - 2022
In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $587 per unit, jumping by 17% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 25% against the previous year. Over the period under review, the average export prices attained the peak figure at $727 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,859 per unit), while the average price for exports to Colombia ($100 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 Mexico (+10.5%), 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 the United States
Imports of winches and capstans; powered by an electric motors into the United States stood at 1.3M units in 2022, growing by 2.3% compared with 2021 figures. The total import volume increased at an average annual rate of +9.7% over the period from 2019 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 2020 with an increase of 27% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of winches and capstans; powered by an electric motors expanded remarkably to $193M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Winches and Capstans; Powered by an Electric Motor in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 105 | 117 | 131 | 141 | 10.3% |
| Canada | 17.9 | 15.1 | 15.1 | 10.9 | -15.2% |
| Thailand | 1.9 | 0.5 | 2.5 | 5.6 | 43.4% |
| Others | 30.4 | 20.5 | 21.3 | 36.3 | 6.1% |
| Total | 155 | 153 | 170 | 193 | 7.6% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to the United States in 2022:
- China (1214.2K units)
- Thailand (21.3K units)
- Canada (17.2K units)
Exports of Winches and Capstans; Powered by an Electric Motor in the United States
In 2022, approx. 155K units of winches and capstans; powered by an electric motors were exported from the United States; with a decrease of -6.1% on 2021 figures. Over the period under review, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 with an increase of 8.1%. The exports peaked at 199K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of winches and capstans; powered by an electric motors rose remarkably to $91M in 2022. In general, exports showed a noticeable contraction. Over the period under review, the exports of attained the maximum at $105M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Winches and Capstans; Powered by an Electric Motor in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 24.6 | 20.1 | 27.3 | 29.8 | 6.6% |
| United Kingdom | 2.8 | 4.1 | 2.3 | 8.5 | 44.8% |
| Mexico | 11.4 | 14.3 | 11.7 | 7.9 | -11.5% |
| Australia | 2.6 | 3.1 | 2.8 | 5.2 | 26.0% |
| Germany | 5.2 | 2.9 | 3.4 | 4.4 | -5.4% |
| France | 1.7 | 1.0 | 1.0 | 3.3 | 24.7% |
| China | 1.0 | 1.4 | 3.0 | 3.0 | 44.2% |
| United Arab Emirates | 1.0 | 4.3 | 7.7 | 2.8 | 40.9% |
| Colombia | 0.2 | 0.4 | 0.7 | 1.8 | 108.0% |
| Netherlands | 1.8 | 1.1 | 1.6 | 1.7 | -1.9% |
| Japan | 2.4 | 4.7 | 2.1 | 0.9 | -27.9% |
| Sweden | 3.3 | 0.6 | 0.6 | 0.8 | -37.6% |
| Singapore | 24.7 | 2.3 | 0.6 | 0.4 | -74.7% |
| Others | 22.0 | 25.6 | 17.6 | 20.3 | -2.6% |
| Total | 105 | 85.7 | 82.4 | 90.8 | -4.7% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from the United States in 2022:
- Canada (75.3K units)
- Colombia (18.0K units)
- Mexico (11.3K units)
- Germany (5.8K units)
- Australia (5.3K units)
- France (5.0K units)
- United Kingdom (4.6K units)
- United Arab Emirates (4.4K units)
- China (3.7K units)
- Sweden (3.3K units)
- Netherlands (2.2K units)
- Japan (0.5K units)
- Singapore (0.3K units)
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