Price for Winches and Capstans; Not Powered by an Electric Motor in Thailand - 2024
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Thailand (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Thailand (FOB) - 2024
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Thailand
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Thailand
Price for Winches and Capstans; Not Powered by an Electric Motor in Thailand (CIF) - 2022
In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $59 per unit, declining by -37.5% against the previous year. Over the period under review, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2020 when the average import price increased by 13%. Over the period under review, average import prices hit record highs at $183 per unit in 2012; however, from 2013 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 Singapore ($409 per unit), while the price for France ($9.9 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-2.0%), while the prices for the other major suppliers experienced a decline.
Price for Winches and Capstans; Not Powered by an Electric Motor in Thailand (FOB) - 2024
In January 2024, the average export price for winches and capstans; not powered by an electric motors amounted to $67.7 per unit, rising by 2.4% against the previous month. In general, the export price saw a strong increase. The pace of growth was the most pronounced in February 2023 when the average export price increased by 2,745% m-o-m. As a result, the export price attained the peak level of $312 per unit. From March 2023 to January 2024, the the average export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In January 2024, the country with the highest price was Argentina ($11.5 per unit), while the average price for exports to the United States amounted to $9.5 per unit.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-0.3%).
Imports of Winches and Capstans; Not Powered by an Electric Motor in Thailand
In 2022, the amount of winches and capstans; not powered by an electric motors imported into Thailand skyrocketed to 135K units, growing by 344% on the year before. Overall, imports showed a significant expansion. 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 skyrocketed to $8M in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | N/A | N/A | 58.5 | 2,626 | 4388.9% |
| United States | 718 | 718 | 264 | 2,008 | 40.9% |
| Singapore | 294 | 193 | 651 | 908 | 45.6% |
| United Kingdom | 36.3 | 429 | 202 | 725 | 171.3% |
| China | 481 | 576 | 559 | 618 | 8.7% |
| Norway | N/A | N/A | N/A | 370 | 0% |
| Italy | 419 | 263 | 103 | 333 | -7.4% |
| Taiwan (Chinese) | 121 | 112 | 114 | 164 | 10.7% |
| Japan | 92.1 | 42.5 | 120 | 70.8 | -8.4% |
| France | 22.4 | 0.2 | 27.9 | 12.4 | -17.9% |
| Spain | N/A | 153 | 484 | N/A | 216.3% |
| Others | 513 | 589 | 285 | 136 | -35.8% |
| Total | 2,696 | 3,076 | 2,868 | 7,970 | 43.5% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Thailand in 2022:
- Mexico (67.0K units)
- United States (31.3K units)
- China (15.8K units)
- Taiwan (Chinese) (4.2K units)
- Norway (3.5K units)
- United Kingdom (3.0K units)
- Singapore (2.2K units)
- Japan (2.1K units)
- France (1.3K units)
- Italy (1.2K units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in Thailand
For the fourth year in a row, Thailand recorded growth in shipments abroad of winches and capstans; not powered by an electric motors, which increased by 41% to 15K units in 2022. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 257% against the previous year. 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 surged to $3.4M in 2022. Over the period under review, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Winches and Capstans; Not Powered by an Electric Motor in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | 223 | 461 | 140 | 1,426 | 85.6% |
| United States | N/A | N/A | 743 | 890 | 19.8% |
| Malaysia | 300 | 52.5 | 88.8 | 526 | 20.6% |
| Vietnam | 55.0 | 0.3 | 0.1 | 145 | 38.1% |
| Norway | N/A | N/A | N/A | 88.4 | 0% |
| Myanmar | 154 | 210 | 182 | 64.2 | -25.3% |
| South Korea | N/A | N/A | N/A | 17.4 | 0% |
| Lao People's Democratic Republic | 391 | 249 | 97.8 | 15.0 | -66.3% |
| Others | 481 | 160 | 247 | 221 | -22.8% |
| Total | 1,604 | 1,133 | 1,497 | 3,392 | 28.4% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Thailand in 2022:
- United States (8.9K units)
- Norway (1.5K units)
- Myanmar (1.3K units)
- Malaysia (1.1K units)
- Vietnam (0.4K units)
- South Korea (0.3K units)
- Singapore (0.2K units)
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