Price for Winches and Capstans; Powered by an Electric Motor in Hong Kong SAR - 2023

Contents:

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

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

The average import price for winches and capstans; powered by an electric motors stood at $406 per unit in 2022, increasing by 13% against the previous year. In general, the import price, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2013 an increase of 101%. As a result, import price reached the peak level of $1,387 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($873 per unit), while the price for Japan ($267 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 (+5.9%), 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 Hong Kong SAR (FOB) - 2022

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $4,157 per unit, remaining stable against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 256% against the previous year. As a result, the export price attained the peak level of $5,566 per unit. From 2015 to 2022, the average 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 China ($3,723 per unit), while the average price for exports to France amounted to $2,037 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+22.0%), 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 Hong Kong SAR

Imports of winches and capstans; powered by an electric motors into Hong Kong SAR surged to 10K units in 2022, growing by 209% compared with the previous year's figure. Overall, imports continue to indicate significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of winches and capstans; powered by an electric motors surged to $4.2M in 2022. Over the period under review, imports posted a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Winches and Capstans; Powered by an Electric Motor in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan13.010693.41,693406.9%
RomaniaN/A850N/A9787.3%
Taiwan (Chinese)593413494521-4.2%
China609421228408-12.5%
United Kingdom533162202201-27.8%
Italy54.377.727.137.2-11.8%
Others1,248315167398-31.7%
Total3,0512,3451,2134,23711.6%

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

  1. Japan (6.3K units)
  2. Romania (1.5K units)
  3. Taiwan (Chinese) (1.4K units)
  4. China (0.5K units)
  5. United Kingdom (0.4K units)
  6. Italy (0.1K units)

Exports of Winches and Capstans; Powered by an Electric Motor in Hong Kong SAR

In 2022, shipments abroad of winches and capstans; powered by an electric motors was finally on the rise to reach 812 units after two years of decline. Over the period under review, exports enjoyed significant growth. 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; powered by an electric motors skyrocketed to $3.4M in 2022. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Winches and Capstans; Powered by an Electric Motor in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,4369673752,95627.2%
France23.6N/A28.614.3-15.4%
Russia7.8N/AN/AN/A0%
Saudi Arabia151N/AN/AN/A0%
Others51.619711.340598.7%
Total1,6701,1644153,37526.4%

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

  1. China (794.0 units)
  2. France (7.0 units)

Source: IndexBox Market Intelligence Platform

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