Price for Winches and Capstans; Not Powered by an Electric Motor in Kuwait - 2022

Contents:

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

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

In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $389 per unit, with a decrease of -1.8% against the previous year. In general, the import price, however, showed a prominent expansion. The pace of growth was the most pronounced in 2017 an increase of 84%. The import price peaked at $755 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($9,325 per unit), while the price for Italy ($162 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+38.1%), 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 Kuwait (FOB) - 2022

In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $2,675 per unit, picking up by 243% against the previous year. In general, the export price, however, recorded a deep downturn. Over the period under review, the average export prices hit record highs at $12,440 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($33,673 per unit), while the average price for exports to Oman ($101 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+318.3%), 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 Kuwait

After three years of growth, overseas purchases of winches and capstans; not powered by an electric motors decreased by -12.1% to 4.3K units in 2022. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 84%. As a result, imports reached the peak of 4.9K units, and then contracted in the following year.

In value terms, imports of winches and capstans; not powered by an electric motors declined to $1.7M in 2022. In general, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 125% against the previous year. As a result, imports reached the peak of $1.9M, and then fell in the following year.

Import of Winches and Capstans; Not Powered by an Electric Motor in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany25315715342018.4%
Italy99.634827.934751.6%
China18612860833221.3%
United States312129367296-1.7%
CanadaN/A20.71.0110130.5%
India6.54.3N/A44.089.2%
Taiwan (Chinese)40.5N/A87.73.2-57.1%
Lebanon31.3N/A23.6N/A-13.2%
Others75977.5674124-45.3%
Total1,6888651,9421,675-0.3%

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

  1. Italy (2143.0 units)
  2. China (1563.0 units)
  3. India (204.0 units)
  4. United States (145.0 units)
  5. Canada (135.0 units)
  6. Germany (45.0 units)
  7. Taiwan (Chinese) (8.0 units)

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

In 2022, overseas shipments of winches and capstans; not powered by an electric motors decreased by -89.3% to 38 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 581% against the previous year. As a result, the exports attained the peak of 354 units, and then contracted dramatically in the following year.

In value terms, exports of winches and capstans; not powered by an electric motors fell significantly to $102K in 2022. Over the period under review, exports, however, showed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 498% against the previous year. As a result, the exports attained the peak of $276K, and then shrank remarkably in the following year.

Export of Winches and Capstans; Not Powered by an Electric Motor in Kuwait (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia15.017.210651.050.4%
QatarN/A22.811.033.721.6%
IranN/AN/AN/A16.30%
South KoreaN/AN/A34.70.6-98.3%
Oman1.21.0N/A0.1-56.3%
United StatesN/A5.0N/AN/A0%
United Arab Emirates2.6N/A61.9N/A387.9%
OthersN/A0.262.5N/A31150.0%
Total18.846.227610275.7%

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

  1. Iran (28.0 units)
  2. Saudi Arabia (6.0 units)
  3. South Korea (2.0 units)
  4. Oman (1.0 units)
  5. Qatar (1.0 units)

Source: IndexBox Market Intelligence Platform

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