Price for Winches and Capstans; Not Powered by an Electric Motor in Singapore - 2023
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Singapore (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Singapore (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Singapore
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Singapore
Price for Winches and Capstans; Not Powered by an Electric Motor in Singapore (CIF) - 2022
The average import price for winches and capstans; not powered by an electric motors stood at $2,393 per unit in 2022, jumping by 29% against the previous year. In general, the import price, however, continues to indicate a abrupt downturn. The growth pace was the most rapid in 2019 an increase of 39%. The import price peaked at $8,053 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($21,694 per unit), while the price for Taiwan (Chinese) ($69 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+5.0%), 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 Singapore (FOB) - 2022
The average export price for winches and capstans; not powered by an electric motors stood at $3,825 per unit in 2022, reducing by -11.2% against the previous year. Over the period under review, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of 67% against the previous year. Over the period under review, the average export prices reached the maximum at $11,848 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was China ($24,422 per unit), while the average price for exports to Japan ($673 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 Myanmar (+31.2%), 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 Singapore
In 2022, after two years of decline, there was significant growth in overseas purchases of winches and capstans; not powered by an electric motors, when their volume increased by 96% to 11K units. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +12.8% over the last three years. 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 surged to $26M in 2022. Over the period under review, imports recorded a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Singapore (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 0.4 | 1.3 | 0.1 | 8.3 | 174.8% |
| United Kingdom | 1.8 | 2.4 | 1.3 | 3.9 | 29.4% |
| China | 2.7 | 2.9 | 2.0 | 2.3 | -5.2% |
| Japan | N/A | 0.1 | 0.2 | 1.5 | 287.3% |
| United States | 3.6 | 0.9 | 0.9 | 1.2 | -30.7% |
| France | 0.4 | 0.2 | 0.1 | 1.1 | 40.1% |
| Taiwan (Chinese) | 0.2 | 0.2 | 0.1 | 0.2 | 0.0% |
| Australia | 2.3 | 0.2 | 0.1 | 0.1 | -64.8% |
| South Korea | 0.8 | 0.4 | 1.4 | N/A | 32.3% |
| Sweden | 0.2 | 0.4 | N/A | N/A | 100.0% |
| Others | 3.6 | 6.3 | 4.1 | 7.5 | 27.7% |
| Total | 16.0 | 15.3 | 10.2 | 25.9 | 17.4% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Singapore in 2022:
- Italy (3776.0 units)
- China (2470.0 units)
- Taiwan (Chinese) (2265.0 units)
- Japan (791.0 units)
- France (362.0 units)
- United Kingdom (274.0 units)
- United States (208.0 units)
- Australia (50.0 units)
- Sweden (7.0 units)
- South Korea (1.0 units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in Singapore
In 2022, the amount of winches and capstans; not powered by an electric motors exported from Singapore soared to 4.1K units, jumping by 26% on the year before. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 121%. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of winches and capstans; not powered by an electric motors rose notably to $16M in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.
| Export of Winches and Capstans; Not Powered by an Electric Motor in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 16.3 | 13.6 | 0.8 | 2,574 | 440.5% |
| Malaysia | 1,510 | 2,664 | 704 | 2,505 | 18.4% |
| Indonesia | 2,604 | 2,151 | 2,327 | 1,990 | -8.6% |
| Netherlands | 19.2 | 25.5 | 33.4 | 994 | 272.7% |
| United Kingdom | 182 | 46.1 | 124 | 993 | 76.0% |
| Brunei Darussalam | 23.8 | 6.5 | 606 | 642 | 199.9% |
| Thailand | 182 | 174 | 202 | 602 | 49.0% |
| China | 6,659 | 2,200 | 4,747 | 562 | -56.1% |
| Japan | N/A | 3.2 | 1,279 | 476 | 1119.6% |
| Australia | 953 | 259 | 740 | 449 | -22.2% |
| Bangladesh | 122 | 269 | 49.9 | 58.1 | -21.9% |
| Germany | 8.7 | 149 | 1,038 | 0.8 | -54.9% |
| Gabon | N/A | 405 | 401 | N/A | -1.0% |
| Others | 3,126 | 4,130 | 1,770 | 3,888 | 7.5% |
| Total | 15,407 | 12,496 | 14,023 | 15,733 | 0.7% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Singapore in 2022:
- South Korea (1390.0 units)
- Japan (707.0 units)
- United Kingdom (345.0 units)
- Netherlands (312.0 units)
- Thailand (304.0 units)
- Indonesia (251.0 units)
- Malaysia (211.0 units)
- Brunei Darussalam (168.0 units)
- Australia (46.0 units)
- Bangladesh (38.0 units)
- China (23.0 units)
- Germany (1.0 units)
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