Price for Winches and Capstans; Not Powered by an Electric Motor in Venezuela - 2022

Contents:

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

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

In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $598 per unit, declining by -26.4% against the previous year. Overall, the import price, however, showed pronounced growth. The growth pace was the most rapid in 2017 an increase of 157% against the previous year. Over the period under review, average import prices attained the maximum at $1,245 per unit in 2015; however, from 2016 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 the United States ($9,226 per unit), while the price for the Netherlands ($5 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 (+27.8%), 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 Venezuela (FOB) - 2022

In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $422 per unit, declining by -37.3% against the previous year. Over the period under review, the export price faced a deep slump. The most prominent rate of growth was recorded in 2018 when the average export price increased by 151% against the previous year. The export price peaked at $3,190 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($493 per unit), while the average price for exports to Trinidad and Tobago totaled $407 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Panama (-6.5%).

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

Imports of winches and capstans; not powered by an electric motors into Venezuela soared to 336 units in 2022, jumping by 31% on 2021 figures. Overall, imports, however, recorded a abrupt contraction. Over the period under review, imports of attained the maximum at 452 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of winches and capstans; not powered by an electric motors reduced modestly to $201K in 2022. The total import value increased at an average annual rate of +4.1% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 8.2% against the previous year. As a result, imports attained the peak of $209K, and then fell slightly in the following year.

Import of Winches and Capstans; Not Powered by an Electric Motor in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France49.559.569.663.08.4%
Germany28.634.440.336.58.5%
Japan24.028.933.830.68.4%
Italy31.229.126.518.6-15.8%
Switzerland8.29.911.610.58.6%
Taiwan (Chinese)2.93.44.03.67.5%
United Kingdom5.44.43.42.1-27.0%
Argentina1.51.71.91.62.2%
Others26.821.417.634.38.6%
Total1781932092014.1%

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

  1. France (122.0 units)
  2. Germany (71.0 units)
  3. Japan (59.0 units)
  4. Italy (37.0 units)
  5. Switzerland (20.0 units)
  6. Taiwan (Chinese) (7.0 units)
  7. United Kingdom (4.0 units)
  8. Argentina (3.0 units)

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

In 2022, exports of winches and capstans; not powered by an electric motors from Venezuela soared to 6 units, picking up by 50% compared with 2021 figures. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of winches and capstans; not powered by an electric motors dropped to $2.5K in 2022. The total export value increased at an average annual rate of +6.6% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13%. The exports peaked at $2.7K in 2021, and then declined in the following year.

Export of Winches and Capstans; Not Powered by an Electric Motor in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Trinidad and Tobago1.82.02.32.03.6%
Panama0.30.30.40.518.6%
OthersN/AN/AN/AN/A0%
Total2.12.42.72.56.0%

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

  1. Trinidad and Tobago (5.0 units)
  2. Panama (1.0 units)

Source: IndexBox Market Intelligence Platform

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