Price for Winches and Capstans; Powered by an Electric Motor in India - 2023

Contents:

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

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

The average import price for winches and capstans; powered by an electric motors stood at $1,136 per unit in 2022, declining by -46.9% against the previous year. Over the period under review, the import price saw a abrupt decline. The pace of growth appeared the most rapid in 2017 when the average import price increased by 58% against the previous year. Over the period under review, average import prices attained the maximum at $5,234 per unit in 2012; however, from 2013 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 Italy ($7,354 per unit), while the price for Bangladesh ($46 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+18.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $2,268 per unit, declining by -19.1% against the previous year. In general, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 419% against the previous year. The export price peaked at $5,912 per unit in 2012; however, from 2013 to 2022, the export prices remained at a 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 the United Arab Emirates ($4,029 per unit), while the average price for exports to Sri Lanka ($262 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 the United States (+31.1%), 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 India

Imports of winches and capstans; powered by an electric motors into India soared to 3.9K units in 2022, increasing by 72% against 2021. Over the period under review, imports enjoyed a significant increase. 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 fell to $4.4M in 2022. Overall, imports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 47% against the previous year. Over the period under review, imports of attained the peak figure at $5.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Winches and Capstans; Powered by an Electric Motor in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6022528241,63139.4%
Germany18833229182964.0%
Belgium0.5N/A531599962.1%
Italy490105566221-23.3%
United States68454343.4206-33.0%
Spain24.628.238.012571.9%
Taiwan (Chinese)14.824.532.044.444.2%
France93632565.630.0-68.2%
United Arab Emirates23511155.324.5-52.9%
United Kingdom54433.190216.7-68.7%
BangladeshN/AN/AN/A11.60%
MalaysiaN/A675193N/A-71.4%
Others1,4528761,304679-22.4%
Total5,1723,3044,8464,417-5.1%

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

  1. China (2706.0 units)
  2. Bangladesh (249.0 units)
  3. Germany (208.0 units)
  4. Belgium (169.0 units)
  5. Spain (131.0 units)
  6. Taiwan (Chinese) (105.0 units)
  7. United States (51.0 units)
  8. Italy (30.0 units)
  9. United Arab Emirates (23.0 units)
  10. France (18.0 units)
  11. United Kingdom (4.0 units)

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

Exports of winches and capstans; powered by an electric motors from India declined to 1.6K units in 2022, which is down by -14.3% against 2021. In general, exports, however, recorded a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 258%. As a result, the exports attained the peak of 1.8K units, and then dropped in the following year.

In value terms, exports of winches and capstans; powered by an electric motors contracted markedly to $3.5M in 2022. Overall, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 124%. As a result, the exports reached the peak of $5.1M, and then reduced dramatically in the following year.

Export of Winches and Capstans; Powered by an Electric Motor in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom5949462,3021,75443.5%
Singapore328N/A62957420.5%
Nepal91.354.319828245.6%
MaldivesN/AN/AN/A1560%
Qatar13.112.194.5150125.4%
LebanonN/AN/A11478.8-30.9%
China535N/AN/A66.1-50.2%
United Arab Emirates33.419587.760.421.8%
Sri Lanka11.93.25.240.650.5%
MoroccoN/AN/A102N/A0%
FranceN/A8221,256N/A52.8%
United States8.5N/A86.5N/A219.0%
Others3442422283742.8%
Total1,9612,2755,1013,53521.7%

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

  1. United Kingdom (509.0 units)
  2. Nepal (279.0 units)
  3. Singapore (180.0 units)
  4. Sri Lanka (155.0 units)
  5. Qatar (132.0 units)
  6. Lebanon (61.0 units)
  7. Maldives (46.0 units)
  8. China (28.0 units)
  9. United Arab Emirates (15.0 units)

Source: IndexBox Market Intelligence Platform

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