Price for Winches and Capstans; Not Powered by an Electric Motor in Iraq - 2022
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Iraq (CIF) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Iraq
Price for Winches and Capstans; Not Powered by an Electric Motor in Iraq (CIF) - 2022
In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $364 per unit, declining by -11% against the previous year. Overall, the import price showed a perceptible downturn. The growth pace was the most rapid in 2016 when the average import price increased by 92%. As a result, import price reached the peak level of $697 per unit. From 2017 to 2022, the average 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 ($2,495 per unit), while the price for Kazakhstan ($9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+32.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Winches and Capstans; Not Powered by an Electric Motor in Iraq
After two years of decline, overseas purchases of winches and capstans; not powered by an electric motors increased by 42% to 2.1K units in 2022. Overall, imports, however, showed a sharp curtailment. Imports peaked at 4.8K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of winches and capstans; not powered by an electric motors surged to $771K in 2022. Over the period under review, imports, however, continue to indicate a sharp decrease. Imports peaked at $1.5M 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 Iraq (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 694 | 122 | 182 | 256 | -28.3% |
| United Arab Emirates | 110 | 0.8 | 83.3 | 111 | 0.3% |
| France | 3.0 | 6.7 | 15.3 | 107 | 229.2% |
| South Korea | N/A | N/A | 2.2 | 77.5 | 3422.7% |
| United States | 90.2 | 148 | 12.8 | 29.9 | -30.8% |
| Italy | 112 | 89.6 | 71.3 | 17.1 | -46.6% |
| Turkey | 243 | 269 | 12.5 | 14.5 | -60.9% |
| Iran | 17.4 | 6.1 | 8.5 | 8.5 | -21.2% |
| Germany | 9.9 | 115 | 51.3 | 5.5 | -17.8% |
| Others | 256 | 177 | 169 | 143 | -17.6% |
| Total | 1,537 | 933 | 608 | 771 | -20.5% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Iraq in 2022:
- China (1044.0 units)
- United Arab Emirates (452.0 units)
- South Korea (223.0 units)
- France (190.0 units)
- Turkey (43.0 units)
- Iran (38.0 units)
- Italy (17.0 units)
- Germany (16.0 units)
- United States (12.0 units)
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