Price for Winches and Capstans; Not Powered by an Electric Motor in India - 2023
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in India (FOB) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in India (CIF) - 2022
- Exports of Winches and Capstans; Not Powered by an Electric Motor in India
- Imports of Winches and Capstans; Not Powered by an Electric Motor in India
Price for Winches and Capstans; Not Powered by an Electric Motor in India (FOB) - 2022
The average export price for winches and capstans; not powered by an electric motors stood at $22 per unit in 2022, shrinking by -20.1% against the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth was the most pronounced in 2020 when the average export price increased by 14% against the previous year. The export price peaked at $137 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($57 per unit), while the average price for exports to Germany ($7.4 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 Bhutan (+14.0%), while the prices for the other major destinations experienced a decline.
Price for Winches and Capstans; Not Powered by an Electric Motor in India (CIF) - 2022
The average import price for winches and capstans; not powered by an electric motors stood at $265 per unit in 2022, with an increase of 8.6% against the previous year. In general, the import price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 135%. The import price peaked at $3,466 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 the United States ($1,825 per unit), while the price for China ($80 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.7%), while the prices for the other major suppliers experienced a decline.
Exports of Winches and Capstans; Not Powered by an Electric Motor in India
In 2022, the amount of winches and capstans; not powered by an electric motors exported from India skyrocketed to 670K units, rising by 59% on the previous year. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 98%. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in the near future.
In value terms, exports of winches and capstans; not powered by an electric motors skyrocketed to $15M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 109% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Winches and Capstans; Not Powered by an Electric Motor in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 826 | 721 | 2,607 | 4,162 | 71.4% |
| Germany | 0.5 | 138 | 1,298 | 1,978 | 1481.6% |
| Canada | 52.2 | 95.8 | 1,788 | 1,902 | 231.5% |
| France | 427 | 259 | 27.8 | 795 | 23.0% |
| Nepal | 385 | 207 | 447 | 438 | 4.4% |
| United Arab Emirates | 209 | 191 | 753 | 416 | 25.8% |
| Bangladesh | 46.3 | 341 | 94.1 | 260 | 77.7% |
| United Kingdom | 1,390 | 971 | 1,108 | 249 | -43.6% |
| Others | 1,837 | 2,583 | 3,371 | 4,417 | 34.0% |
| Total | 5,172 | 5,506 | 11,493 | 14,619 | 41.4% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from India in 2022:
- Germany (266.9K units)
- United States (203.3K units)
- Canada (67.9K units)
- Nepal (33.9K units)
- France (24.2K units)
- Bangladesh (15.0K units)
- United Arab Emirates (7.3K units)
- United Kingdom (7.0K units)
Imports of Winches and Capstans; Not Powered by an Electric Motor in India
In 2022, approx. 28K units of winches and capstans; not powered by an electric motors were imported into India; increasing by 13% against the previous year's figure. The total import volume increased at an average annual rate of +9.0% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 19% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, imports of winches and capstans; not powered by an electric motors surged to $7.5M in 2022. Over the period under review, imports, however, saw a precipitous setback. Imports peaked at $15M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Winches and Capstans; Not Powered by an Electric Motor in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.1 | 1.8 | 1.7 | 1.8 | 17.8% |
| United States | 6.1 | 1.2 | 0.6 | 1.1 | -43.5% |
| Malaysia | N/A | N/A | N/A | 0.9 | 0% |
| Sweden | 2.2 | 1.8 | 0.3 | 0.6 | -35.2% |
| Germany | 0.7 | 0.8 | 0.5 | 0.3 | -24.6% |
| Belgium | N/A | 0.4 | N/A | N/A | 0% |
| Others | 4.7 | 5.7 | 3.0 | 2.7 | -16.9% |
| Total | 14.9 | 11.8 | 6.1 | 7.5 | -20.5% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to India in 2022:
- China (22.9K units)
- Malaysia (1.6K units)
- Sweden (0.8K units)
- Germany (0.8K units)
- United States (0.6K units)
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