Price for Winches and Capstans; Not Powered by an Electric Motor in Ireland - 2023

Contents:

  1. Price for Winches and Capstans; Not Powered by an Electric Motor in Ireland (CIF) - 2022
  2. Price for Winches and Capstans; Not Powered by an Electric Motor in Ireland (FOB) - 2022
  3. Imports of Winches and Capstans; Not Powered by an Electric Motor in Ireland
  4. Exports of Winches and Capstans; Not Powered by an Electric Motor in Ireland

Price for Winches and Capstans; Not Powered by an Electric Motor in Ireland (CIF) - 2022

In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $75 per unit, with a decrease of -36% against the previous year. Over the period under review, the import price, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2018 an increase of 92% against the previous year. Over the period under review, average import prices hit record highs at $118 per unit in 2021, and then reduced remarkably in the following year.

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 Italy ($727 per unit), while the price for the United States ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+38.5%), 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 Ireland (FOB) - 2022

In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $2,530 per unit, which is down by -29.1% against the previous year. In general, the export price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 242% against the previous year. Over the period under review, the average export prices hit record highs at $15,207 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($2,624 per unit), while the average price for exports to Norway ($102 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 the Netherlands (+166.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Winches and Capstans; Not Powered by an Electric Motor in Ireland

In 2022, the amount of winches and capstans; not powered by an electric motors imported into Ireland skyrocketed to 20K units, jumping by 64% compared with 2021. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of winches and capstans; not powered by an electric motors amounted to $1.5M in 2022. In general, imports recorded a significant expansion. The growth pace was the most rapid in 2021 with an increase of 58% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Import of Winches and Capstans; Not Powered by an Electric Motor in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom31652071785339.2%
China79.958.196.721639.3%
United States1.08.922.3160442.9%
SlovakiaN/AN/AN/A37.40%
Taiwan (Chinese)N/AN/A21.328.935.7%
NorwayN/A124N/A24.4-55.6%
Germany73.216.119712.9-43.9%
Others1451643531490.9%
Total6148911,4071,48134.1%

Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Ireland in 2022:

  1. China (8.3K units)
  2. United States (7.1K units)
  3. Slovakia (1.4K units)
  4. United Kingdom (1.2K units)
  5. Taiwan (Chinese) (0.9K units)
  6. Germany (0.2K units)

Exports of Winches and Capstans; Not Powered by an Electric Motor in Ireland

In 2022, shipments abroad of winches and capstans; not powered by an electric motors decreased by -78.6% to 41 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, posted resilient growth. The pace of growth was the most pronounced in 2021 when exports increased by 380% against the previous year. As a result, the exports attained the peak of 192 units, and then reduced notably in the following year.

In value terms, exports of winches and capstans; not powered by an electric motors shrank significantly to $104K in 2022. Over the period under review, exports saw a sharp decrease. The pace of growth was the most pronounced in 2021 with an increase of 94% against the previous year. As a result, the exports reached the peak of $685K, and then fell rapidly in the following year.

Export of Winches and Capstans; Not Powered by an Electric Motor in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom167142448102-15.2%
United StatesN/AN/A2.01.3-35.0%
Norway50.2N/A26.40.1-87.4%
Spain45.0N/AN/AN/A0%
New ZealandN/AN/A10.6N/A0%
OmanN/A122N/AN/A0%
TurkeyN/AN/A196N/A0%
OthersN/A89.02.0N/A-97.8%
Total263353685104-26.6%

Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Ireland in 2022:

  1. United Kingdom (39.0 units)
  2. United States (1.0 units)
  3. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform

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