Price for Winches and Capstans; Powered by an Electric Motor in France - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in France (CIF) - 2023
- Price for Winches and Capstans; Powered by an Electric Motor in France (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in France
- Exports of Winches and Capstans; Powered by an Electric Motor in France
Price for Winches and Capstans; Powered by an Electric Motor in France (CIF) - 2023
The average import price for winches and capstans; powered by an electric motors stood at $332 per unit in December 2023, shrinking by -18.9% against the previous month. Over the period under review, the import price showed a drastic downturn. The pace of growth appeared the most rapid in March 2023 an increase of 186% m-o-m. Over the period under review, average import prices hit record highs at $783 per unit in June 2023; however, from July 2023 to December 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the UK ($1,228 per unit), while the price for China ($366 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+2.9%), 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 France (FOB) - 2022
The average export price for winches and capstans; powered by an electric motors stood at $1,951 per unit in 2022, which is down by -14.8% against the previous year. Overall, the export price recorded a drastic downturn. The most prominent rate of growth was recorded in 2014 an increase of 159%. The export price peaked at $18,604 per unit in 2015; however, from 2016 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 South Korea ($5,404 per unit), while the average price for exports to the Netherlands ($254 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 Germany (+6.5%), 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 France
Imports of winches and capstans; powered by an electric motors into France amounted to 78K units in 2022, therefore, remained relatively stable against the previous year. In general, imports, however, continue to indicate a mild decrease. The growth pace was the most rapid in 2021 with an increase of 11%. Over the period under review, imports of reached the maximum at 80K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of winches and capstans; powered by an electric motors rose rapidly to $36M in 2022. The total import value increased at an average annual rate of +5.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 35%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Winches and Capstans; Powered by an Electric Motor in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 7.8 | 7.6 | 9.0 | 11.8 | 14.8% |
| China | 5.5 | 5.0 | 7.3 | 6.9 | 7.9% |
| United Kingdom | 2.5 | 2.6 | 3.3 | 4.6 | 22.5% |
| United States | 6.7 | 1.9 | 3.4 | 3.5 | -19.5% |
| Germany | 3.0 | 3.2 | 3.4 | 3.1 | 1.1% |
| Taiwan (Chinese) | 0.8 | 0.6 | 0.5 | 1.2 | 14.5% |
| Belgium | 0.1 | 0.7 | 0.8 | 1.1 | 122.4% |
| Sweden | N/A | 0.1 | 0.3 | 0.7 | 164.6% |
| Singapore | N/A | N/A | N/A | 0.6 | 0% |
| Thailand | N/A | N/A | 0.4 | 0.6 | 50.0% |
| Netherlands | 0.3 | 0.7 | 0.7 | 0.5 | 18.6% |
| Japan | N/A | N/A | N/A | 0.2 | 0% |
| Others | 4.6 | 2.4 | 4.3 | 1.7 | -28.2% |
| Total | 31.4 | 24.8 | 33.4 | 36.5 | 5.1% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to France in 2022:
- Italy (33.1K units)
- China (15.3K units)
- United Kingdom (7.3K units)
- Singapore (5.1K units)
- Belgium (2.9K units)
- United States (2.3K units)
- Germany (1.9K units)
- Netherlands (1.8K units)
- Taiwan (Chinese) (1.8K units)
- Thailand (1.7K units)
- Japan (1.4K units)
- Sweden (1.3K units)
Exports of Winches and Capstans; Powered by an Electric Motor in France
For the fourth consecutive year, France recorded growth in overseas shipments of winches and capstans; powered by an electric motors, which increased by 17% to 11K units in 2022. Over the period under review, exports saw a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 84%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of winches and capstans; powered by an electric motors reached $22M in 2022. Overall, exports, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2020 with an increase of 132%. As a result, the exports attained the peak of $56M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Winches and Capstans; Powered by an Electric Motor in France (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.9 | 3.3 | 3.5 | 5.7 | -1.1% |
| Poland | 1.4 | 1.2 | 1.2 | 1.9 | 10.7% |
| United Kingdom | 0.7 | 0.5 | 0.7 | 1.6 | 31.7% |
| South Korea | 0.2 | 0.1 | N/A | 1.4 | 91.3% |
| Germany | 1.1 | 0.8 | 1.3 | 1.3 | 5.7% |
| Spain | 1.1 | 0.7 | 1.5 | 1.0 | -3.1% |
| Australia | 0.3 | 0.1 | 0.4 | 0.7 | 32.6% |
| Netherlands | 0.5 | 0.4 | 0.6 | 0.6 | 6.3% |
| China | 0.3 | 36.3 | 0.5 | 0.6 | 26.0% |
| Belgium | 0.4 | 0.3 | 2.1 | 0.5 | 7.7% |
| Italy | 0.6 | 0.4 | 0.7 | 0.4 | -12.6% |
| Denmark | 0.1 | 0.1 | N/A | 0.3 | 44.2% |
| Tunisia | N/A | N/A | 0.1 | 0.2 | 100.0% |
| Others | 11.4 | 11.1 | 9.5 | 6.1 | -18.8% |
| Total | 23.9 | 55.5 | 22.2 | 22.2 | -2.4% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from France in 2022:
- Netherlands (2218.0 units)
- Poland (2173.0 units)
- United States (1539.0 units)
- Spain (877.0 units)
- Germany (696.0 units)
- United Kingdom (529.0 units)
- Belgium (413.0 units)
- Italy (341.0 units)
- Tunisia (257.0 units)
- South Korea (252.0 units)
- Denmark (209.0 units)
- Australia (190.0 units)
- China (68.0 units)
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