Price for Winches and Capstans; Not Powered by an Electric Motor in Turkey - 2024
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Turkey (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Turkey (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Turkey
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 2.0 | 3.3 | 3.0 | 3.8 | 23.9% |
Poland | 0.3 | N/A | 1.9 | 3.1 | 117.8% |
Netherlands | 0.2 | 0.1 | 2.4 | 2.9 | 143.8% |
China | 0.8 | 0.6 | 0.4 | 0.5 | -14.5% |
Taiwan (Chinese) | 0.2 | 0.4 | 0.4 | 0.4 | 26.0% |
Romania | 0.2 | 1.2 | 0.7 | 0.1 | -20.6% |
Others | 5.2 | 2.6 | 3.9 | 6.3 | 6.6% |
Total | 8.9 | 8.1 | 12.8 | 17.2 | 24.6% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Turkey in 2022:
- Italy (119.1K units)
- China (23.1K units)
- Netherlands (18.7K units)
- Poland (11.3K units)
- Taiwan (Chinese) (3.5K units)
- 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) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 10.2 | 1.1 | 0.4 | 1,933 | 474.4% |
Russia | 2,289 | 2,349 | 1,193 | 954 | -25.3% |
Denmark | N/A | N/A | 0.2 | 252 | 125900.0% |
Germany | 109 | 113 | 128 | 210 | 24.4% |
Poland | 6.9 | 45.8 | 25.4 | 161 | 185.8% |
Kenya | 4.6 | N/A | 0.8 | 113 | 190.7% |
Morocco | 68.4 | 5.3 | 14.8 | 69.4 | 0.5% |
Georgia | 14.7 | 55.2 | 1.3 | 46.3 | 46.6% |
Serbia | 51.6 | 19.1 | 49.7 | 38.6 | -9.2% |
Italy | 77.9 | 10.8 | 20.0 | 30.4 | -26.9% |
France | 33.9 | 27.6 | 46.6 | 18.4 | -18.4% |
Bosnia and Herzegovina | 3.6 | 27.8 | 4.4 | 13.2 | 54.2% |
Malaysia | N/A | N/A | 508 | 2.6 | -99.5% |
Others | 1,739 | 1,652 | 1,163 | 921 | -19.1% |
Total | 4,410 | 4,306 | 3,156 | 4,762 | 2.6% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Turkey in 2022:
- Denmark (5.7K units)
- Netherlands (4.1K units)
- Bosnia and Herzegovina (1.5K units)
- Kenya (1.5K units)
- Russia (1.2K units)
- Serbia (0.9K units)
- Morocco (0.6K units)
- Germany (0.6K units)
- Italy (0.5K units)
- Georgia (0.5K units)
- Poland (0.4K units)
- France (0.3K units)
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