Price for Winches and Capstans; Powered by an Electric Motor in Australia - 2024

Contents:

  1. Price for Winches and Capstans; Powered by an Electric Motor in Australia (CIF) - 2022
  2. Price for Winches and Capstans; Powered by an Electric Motor in Australia (FOB) - 2022
  3. Imports of Winches and Capstans; Powered by an Electric Motor in Australia
  4. Exports of Winches and Capstans; Powered by an Electric Motor in Australia

Price for Winches and Capstans; Powered by an Electric Motor in Australia (CIF) - 2022

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $315 per unit, reducing by -8.8% against the previous year. In general, the import price showed a noticeable decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 58% against the previous year. The import price peaked at $464 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($1,490 per unit), while the price for Taiwan (Chinese) ($143 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Winches and Capstans; Powered by an Electric Motor in Australia (FOB) - 2022

The average export price for winches and capstans; powered by an electric motors stood at $873 per unit in 2022, which is down by -26.4% against the previous year. In general, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 66%. The export price peaked at $2,398 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($15,320 per unit), while the average price for exports to Qatar ($258 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 Oman (+116.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Winches and Capstans; Powered by an Electric Motor in Australia

In 2022, imports of winches and capstans; powered by an electric motors into Australia expanded notably to 138K units, with an increase of 6.8% against 2021. The total import volume increased at an average annual rate of +13.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of winches and capstans; powered by an electric motors dropped modestly to $44M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 36%. As a result, imports attained the peak of $45M, and then dropped modestly in the following year.

Import of Winches and Capstans; Powered by an Electric Motor in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.720.029.026.710.7%
United States5.13.84.35.41.9%
Switzerland3.92.33.63.2-6.4%
Italy0.41.21.61.968.1%
Taiwan (Chinese)0.60.71.01.432.6%
Others5.34.85.14.8-3.2%
Total35.032.944.743.57.5%

Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Australia in 2022:

  1. China (116.2K units)
  2. Taiwan (Chinese) (9.9K units)
  3. United States (4.8K units)
  4. Switzerland (2.2K units)
  5. Italy (2.1K units)

Exports of Winches and Capstans; Powered by an Electric Motor in Australia

Exports of winches and capstans; powered by an electric motors from Australia skyrocketed to 5K units in 2022, increasing by 27% on the year before. Overall, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 53% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of winches and capstans; powered by an electric motors fell to $4.4M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 47% against the previous year. As a result, the exports reached the peak of $4.7M, and then dropped in the following year.

Export of Winches and Capstans; Powered by an Electric Motor in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand4945677801,32839.0%
United States7488751,4649197.1%
Indonesia20.216.8644308148.0%
Netherlands4619.116.5302-13.2%
Papua New Guinea46065.3334101-39.7%
China29516269.746.1-46.1%
Qatar8.7N/AN/A20.933.9%
South Africa3.875.22526.720.8%
Others1,3131,4171,1381,3400.7%
Total3,8043,1884,6984,3734.8%

Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Australia in 2022:

  1. New Zealand (3473.0 units)
  2. United States (655.0 units)
  3. Netherlands (271.0 units)
  4. Indonesia (89.0 units)
  5. Qatar (81.0 units)
  6. Papua New Guinea (33.0 units)
  7. China (16.0 units)
  8. South Africa (7.0 units)

Source: IndexBox Market Intelligence Platform

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