Price for Winches and Capstans; Not Powered by an Electric Motor in the Dominican Republic - 2023

Contents:

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

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

The average import price for winches and capstans; not powered by an electric motors stood at $340 per unit in 2022, rising by 2% against the previous year. Overall, the import price saw a buoyant expansion. The most prominent rate of growth was recorded in 2013 an increase of 88% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($993 per unit), while the price for Mexico ($82 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+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 the Dominican Republic (FOB) - 2022

The average export price for winches and capstans; not powered by an electric motors stood at $625 per unit in 2022, therefore, remained relatively stable against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 an increase of 345%. The export price peaked at $787 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

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 United States ($645 per unit), while the average price for exports to Haiti ($125 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 Jamaica (+73.7%), 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 the Dominican Republic

In 2022, imports of winches and capstans; not powered by an electric motors into the Dominican Republic soared to 1.4K units, with an increase of 28% on the previous year. Overall, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 123%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, imports of winches and capstans; not powered by an electric motors skyrocketed to $487K in 2022. In general, imports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 194% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Winches and Capstans; Not Powered by an Electric Motor in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.842.940.0230177.2%
United States74.523.617210913.5%
Italy31.028.642.057.923.2%
Spain6.60.110.230.566.6%
CanadaN/A0.612.329.2597.6%
Germany0.63.07.617.5207.8%
Mexico1.20.60.111.3111.2%
Australia2.04.334.9N/A317.7%
Others15.823.152.71.5-54.4%
Total14312737248750.5%

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

  1. China (612.0 units)
  2. Spain (265.0 units)
  3. Italy (177.0 units)
  4. Mexico (137.0 units)
  5. United States (110.0 units)
  6. Germany (71.0 units)
  7. Canada (55.0 units)

Exports of Winches and Capstans; Not Powered by an Electric Motor in the Dominican Republic

For the third consecutive year, the Dominican Republic recorded decline in shipments abroad of winches and capstans; not powered by an electric motors, which decreased by 0% to 33 units in 2022. In general, exports continue to indicate a sharp setback. The smallest decline of -83.9% was in 2020. The exports peaked at 161 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of winches and capstans; not powered by an electric motors totaled $21K in 2022. Overall, exports continue to indicate a dramatic decline. The smallest decline of -96.8% was in 2020. Over the period under review, the exports of reached the maximum at $107K 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 the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.50.7N/A20.0242.0%
Jamaica0.30.2N/A0.518.6%
Haiti3.10.8N/A0.1-68.2%
Spain102N/AN/AN/A0%
Mexico0.10.7N/AN/A600.0%
Others1.11.1N/AN/A0.0%
Total1073.4N/A20.6-42.3%

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

  1. United States (31.0 units)
  2. Jamaica (1.0 units)
  3. Haiti (1.0 units)

Source: IndexBox Market Intelligence Platform

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