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

Contents:

  1. Price for Winches and Capstans; Powered by an Electric Motor in Brazil (CIF) - 2024
  2. Price for Winches and Capstans; Powered by an Electric Motor in Brazil (FOB) - 2022
  3. Imports of Winches and Capstans; Powered by an Electric Motor in Brazil
  4. Exports of Winches and Capstans; Powered by an Electric Motor in Brazil

Price for Winches and Capstans; Powered by an Electric Motor in Brazil (CIF) - 2024

In February 2024, the average import price for winches and capstans; powered by an electric motors amounted to $234 per unit, rising by 31% against the previous month. In general, the import price recorded a temperate increase. The most prominent rate of growth was recorded in September 2023 an increase of 596% m-o-m. As a result, import price reached the peak level of $618 per unit. From October 2023 to February 2024, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From February 2023 to February 2024, the rate of growth in terms of prices for China amounted to +2.5% per month.

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

The average export price for winches and capstans; powered by an electric motors stood at $7,318 per unit in 2022, with an increase of 20% against the previous year. Overall, the export price posted a perceptible increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 193%. The export price peaked at $14,811 per unit in 2020; however, from 2021 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 Kenya ($15,285 per unit), while the average price for exports to Greece ($79 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 India (+42.1%), 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 Brazil

For the fourth year in a row, Brazil recorded growth in purchases abroad of winches and capstans; powered by an electric motors, which increased by 29% to 276K units in 2022. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of winches and capstans; powered by an electric motors surged to $16M in 2022. Overall, imports posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 72% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in years to come.

Import of Winches and Capstans; Powered by an Electric Motor in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.43.65.76.121.5%
Others3.14.07.610.449.7%
Total6.57.713.216.536.4%

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

  1. China (271.3K units)

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

In 2022, exports of winches and capstans; powered by an electric motors from Brazil surged to 148 units, increasing by 124% on the year before. In general, exports, however, saw a noticeable curtailment. Over the period under review, the exports of reached the peak figure at 163 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of winches and capstans; powered by an electric motors skyrocketed to $1.1M in 2022. Overall, exports, however, recorded a abrupt descent. Over the period under review, the exports of reached the maximum at $1.9M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Winches and Capstans; Powered by an Electric Motor in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KenyaN/A15114645974.3%
Peru6.932.60.4245228.7%
United Arab EmiratesN/AN/AN/A1400%
ChileN/A19.113564.083.1%
IndiaN/AN/AN/A42.00%
MexicoN/A132N/A24.2-57.2%
Paraguay3.63.01.221.581.4%
GermanyN/A3.20.117.0130.5%
Dominican RepublicN/AN/A4.712.8172.3%
JamaicaN/AN/AN/A10.30%
Guatemala0.71.1N/A3.164.2%
Uruguay2.80.3N/A1.6-17.0%
GreeceN/AN/A0.80.912.5%
Others1,90719111342.0-72.0%
Total1,9215334011,083-17.4%

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

  1. Kenya (30.0 units)
  2. Paraguay (25.0 units)
  3. Peru (21.0 units)
  4. Greece (12.0 units)
  5. United Arab Emirates (10.0 units)
  6. Guatemala (7.0 units)
  7. Jamaica (6.0 units)
  8. Chile (5.0 units)
  9. Uruguay (5.0 units)
  10. Germany (5.0 units)
  11. Dominican Republic (4.0 units)
  12. Mexico (3.0 units)
  13. India (3.0 units)

Source: IndexBox Market Intelligence Platform

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