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

Contents:

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

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

The average export price for winches and capstans; not powered by an electric motors stood at $177 per unit in 2022, falling by -15.9% against the previous year. Overall, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2020 when the average export price increased by 22% against the previous year. Over the period under review, the average export prices attained the maximum at $912 per unit in 2015; however, from 2016 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 UK ($2,085 per unit), while the average price for exports to Portugal ($74 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 UK (+10.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for winches and capstans; not powered by an electric motors stood at $113 per unit in 2022, with an increase of 36% against the previous year. Overall, the import price, however, continues to indicate a noticeable descent. The growth pace was the most rapid in 2014 an increase of 113% against the previous year. As a result, import price reached the peak level of $211 per unit. From 2015 to 2022, the average import prices remained at a lower figure.

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 ($804 per unit), while the price for Hungary ($33 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of winches and capstans; not powered by an electric motors from Spain soared to 69K units in 2022, picking up by 27% against the previous year. In general, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 127%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of winches and capstans; not powered by an electric motors stood at $12M in 2022. Overall, exports, however, continue to indicate a abrupt descent. Over the period under review, the exports of hit record highs at $15M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Winches and Capstans; Not Powered by an Electric Motor in Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1,7222057651,9133.6%
Morocco8081,0841,2861,41420.5%
Hong Kong SAR0.1N/A3.01,2472218.9%
ChinaN/AN/AN/A1,1260%
EgyptN/A40.00.41,012403.0%
France31727985279535.9%
Germany98188.9277504-19.9%
Singapore511486N/A369-10.3%
Portugal14498.71951787.3%
Greece2,2833.57.949.4-72.1%
Others7,9729,2387,9643,507-23.9%
Total14,73811,52311,35012,115-6.3%

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

  1. Brazil (21.6K units)
  2. Morocco (18.2K units)
  3. Egypt (5.2K units)
  4. France (3.7K units)
  5. Hong Kong SAR (3.1K units)
  6. China (2.8K units)
  7. Germany (2.7K units)
  8. Portugal (2.4K units)
  9. Singapore (0.9K units)
  10. Greece (0.1K units)

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

For the fourth consecutive year, Spain recorded growth in overseas purchases of winches and capstans; not powered by an electric motors, which increased by 0.4% to 88K units in 2022. In general, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +16.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +59.3% against 2019 indices. The pace of growth was the most pronounced in 2020 when imports increased by 33%. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of winches and capstans; not powered by an electric motors surged to $10M in 2022. Overall, imports saw significant growth. 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 Spain (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9031,0121,8221,85727.2%
Italy1,1707591,6391,55810.0%
Sweden53.6186222711136.7%
Germany12935760870175.8%
Taiwan (Chinese)10668.391.660678.8%
Norway6281,218331560-3.7%
RussiaN/AN/AN/A3710%
France2011913052335.0%
Others2,3821,7702,2773,36912.3%
Total5,5735,5627,2959,96621.4%

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

  1. China (29.5K units)
  2. Sweden (14.4K units)
  3. Taiwan (Chinese) (10.5K units)
  4. Germany (10.4K units)
  5. Italy (6.2K units)
  6. Russia (3.9K units)
  7. France (3.3K units)
  8. Norway (1.4K units)

Source: IndexBox Market Intelligence Platform

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