Price for Winches and Capstans; Not Powered by an Electric Motor in Ghana - 2022
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Ghana (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Ghana (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Ghana
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Ghana
Price for Winches and Capstans; Not Powered by an Electric Motor in Ghana (CIF) - 2022
The average import price for winches and capstans; not powered by an electric motors stood at $2,709 per unit in 2022, dropping by -6% against the previous year. In general, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2021 an increase of 42%. Over the period under review, average import prices reached the peak figure at $6,701 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
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 Singapore ($5,681 per unit), while the price for Gabon ($505 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Cote d'Ivoire (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winches and Capstans; Not Powered by an Electric Motor in Ghana (FOB) - 2022
In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $1,775 per unit, surging by 10% against the previous year. In general, the export price saw a remarkable increase. The growth pace was the most rapid in 2021 when the average export price increased by 248%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($2,731 per unit), while the average price for exports to South Africa ($6 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 Norway (+6.9%), while the prices for the other major destinations experienced a decline.
Imports of Winches and Capstans; Not Powered by an Electric Motor in Ghana
In 2022, the amount of winches and capstans; not powered by an electric motors imported into Ghana declined rapidly to 414 units, waning by -38.3% against the year before. Over the period under review, imports showed a slight setback. The most prominent rate of growth was recorded in 2021 when imports increased by 339%. As a result, imports attained the peak of 671 units, and then dropped dramatically in the following year.
In value terms, imports of winches and capstans; not powered by an electric motors reduced rapidly to $1.1M in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 524%. As a result, imports reached the peak of $1.9M, and then fell rapidly in the following year.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Angola | 3.3 | 90.2 | 745 | 429 | 406.6% |
| Congo | 4.6 | 72.4 | 594 | 318 | 310.4% |
| Gabon | 126 | 13.5 | 112 | 68.2 | -18.5% |
| Cote d'Ivoire | 118 | 24.5 | 0.1 | 54.2 | -22.8% |
| China | 6.1 | 2.2 | 81.0 | 41.8 | 89.9% |
| Malaysia | 47.3 | 17.8 | 67.0 | 32.4 | -11.8% |
| South Africa | 100 | 0.2 | 18.8 | 6.5 | -59.8% |
| Others | 211 | 89.1 | 315 | 172 | -6.6% |
| Total | 617 | 310 | 1,933 | 1,122 | 22.1% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Ghana in 2022:
- Gabon (135.0 units)
- Angola (85.0 units)
- China (68.0 units)
- Congo (63.0 units)
- Cote d'Ivoire (11.0 units)
- Malaysia (7.0 units)
- South Africa (2.0 units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in Ghana
In 2022, exports of winches and capstans; not powered by an electric motors from Ghana shrank dramatically to 53 units, waning by -39.1% against the previous year's figure. Over the period under review, exports faced a significant curtailment. The smallest decline of -15.5% was in 2021. The exports peaked at 203 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of winches and capstans; not powered by an electric motors contracted rapidly to $94K in 2022. Overall, exports faced a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 194%. The exports peaked at $150K 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 Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 22.4 | 22.6 | 121 | 81.9 | 54.1% |
| Angola | 0.6 | 4.3 | 15.8 | 10.7 | 161.3% |
| United Kingdom | 0.7 | 2.3 | 2.1 | 1.1 | 16.3% |
| Gabon | 0.1 | 0.5 | 0.5 | 0.3 | 44.2% |
| Cote d'Ivoire | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Switzerland | 0.1 | N/A | N/A | N/A | 0% |
| Congo | 127 | N/A | N/A | N/A | 0% |
| Belgium | N/A | 18.1 | 1.4 | N/A | -92.3% |
| South Africa | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 150 | 47.8 | 140 | 94.1 | -14.4% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Ghana in 2022:
- Norway (30.0 units)
- Angola (11.0 units)
- United Kingdom (5.0 units)
- Gabon (5.0 units)
- South Africa (1.0 units)
- Cote d'Ivoire (1.0 units)
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