Price for Winches and Capstans; Not Powered by an Electric Motor in Turkey - 2024

Contents:

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

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

In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $91 per unit, surging by 14% against the previous year. Overall, the import price, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2014 when the average import price increased by 82% against the previous year. As a result, import price reached the peak level of $272 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($295 per unit), while the price for China ($22 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+9.9%), 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 Turkey (FOB) - 2022

The average export price for winches and capstans; not powered by an electric motors stood at $221 per unit in 2022, jumping by 59% against the previous year. Overall, the export price, however, faced a abrupt decrease. Over the period under review, the average export prices hit record highs at $851 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($2,555 per unit), while the average price for exports to Bosnia and Herzegovina ($9 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 Malaysia (+2,952.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Turkey recorded growth in overseas purchases of winches and capstans; not powered by an electric motors, which increased by 17% to 189K units in 2022. Over the period under review, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 69%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of winches and capstans; not powered by an electric motors soared to $17M in 2022. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Winches and Capstans; Not Powered by an Electric Motor in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.03.33.03.823.9%
Poland0.3N/A1.93.1117.8%
Netherlands0.20.12.42.9143.8%
China0.80.60.40.5-14.5%
Taiwan (Chinese)0.20.40.40.426.0%
Romania0.21.20.70.1-20.6%
Others5.22.63.96.36.6%
Total8.98.112.817.224.6%

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

  1. Italy (119.1K units)
  2. China (23.1K units)
  3. Netherlands (18.7K units)
  4. Poland (11.3K units)
  5. Taiwan (Chinese) (3.5K units)
  6. Romania (1.8K units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of winches and capstans; not powered by an electric motors, when their volume decreased by -5.1% to 22K units. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +16.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 45% against the previous year. As a result, the exports reached the peak of 23K units, and then shrank in the following year.

In value terms, exports of winches and capstans; not powered by an electric motors surged to $4.8M in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.21.10.41,933474.4%
Russia2,2892,3491,193954-25.3%
DenmarkN/AN/A0.2252125900.0%
Germany10911312821024.4%
Poland6.945.825.4161185.8%
Kenya4.6N/A0.8113190.7%
Morocco68.45.314.869.40.5%
Georgia14.755.21.346.346.6%
Serbia51.619.149.738.6-9.2%
Italy77.910.820.030.4-26.9%
France33.927.646.618.4-18.4%
Bosnia and Herzegovina3.627.84.413.254.2%
MalaysiaN/AN/A5082.6-99.5%
Others1,7391,6521,163921-19.1%
Total4,4104,3063,1564,7622.6%

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

  1. Denmark (5.7K units)
  2. Netherlands (4.1K units)
  3. Bosnia and Herzegovina (1.5K units)
  4. Kenya (1.5K units)
  5. Russia (1.2K units)
  6. Serbia (0.9K units)
  7. Morocco (0.6K units)
  8. Germany (0.6K units)
  9. Italy (0.5K units)
  10. Georgia (0.5K units)
  11. Poland (0.4K units)
  12. France (0.3K units)

Source: IndexBox Market Intelligence Platform

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