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

Contents:

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

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

The average import price for winches and capstans; powered by an electric motors stood at $1,171 per unit in 2022, surging by 6.9% against the previous year. Overall, the import price showed strong growth. The most prominent rate of growth was recorded in 2018 an increase of 49%. Over the period under review, average import prices hit record highs at $1,175 per unit in 2020; afterwards, it flattened through to 2022.

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 France ($1,503 per unit), while the price for China ($317 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+14.8%), 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 Luxembourg (FOB) - 2022

The average export price for winches and capstans; powered by an electric motors stood at $766 per unit in 2022, declining by -65.8% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 an increase of 63%. Over the period under review, the average export prices hit record highs at $2,762 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($3,836 per unit), while the average price for exports to New Zealand ($18 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 Iceland (+329.2%), 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 Luxembourg

In 2022, supplies from abroad of winches and capstans; powered by an electric motors decreased by -26.2% to 1.1K units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 36% against the previous year. Over the period under review, imports of reached the peak figure at 1.4K units in 2021, and then declined rapidly in the following year.

In value terms, imports of winches and capstans; powered by an electric motors dropped rapidly to $1.2M in 2022. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 36% against the previous year. As a result, imports attained the peak of $1.6M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Winches and Capstans; Powered by an Electric Motor in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0701,1271,2321,000-2.2%
France81.416216269.1-5.3%
ItalyN/A1304.69.7-72.7%
Austria11.810.710.69.0-8.6%
Others45.822014914245.8%
Total1,2091,6501,5581,2300.6%

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

  1. Germany (951.0 units)
  2. France (46.0 units)
  3. Austria (16.0 units)
  4. Italy (5.0 units)

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

In 2022, the amount of winches and capstans; powered by an electric motors exported from Luxembourg soared to 610 units, growing by 99% on 2021 figures. Over the period under review, exports recorded 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 declined notably to $467K in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. As a result, the exports attained the peak of $724K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Winches and Capstans; Powered by an Electric Motor in Luxembourg (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/A11.9259127226.7%
Brazil77.7N/AN/A84.72.9%
VenezuelaN/AN/AN/A41.80%
Romania3.4N/A0.628.7103.6%
IcelandN/AN/AN/A23.90%
France12.217.05.522.121.9%
United Arab Emirates0.12.112.920.0484.8%
Czech RepublicN/A23.81.912.3-28.1%
Turkey7.42.42.012.117.8%
Belgium9.24.312.56.6-10.5%
ThailandN/AN/AN/A3.80%
Slovakia0.6N/A1.13.172.9%
New ZealandN/AN/AN/A0.50%
Others35866339080.8-39.1%
Total468724685467-0.1%

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

  1. Brazil (127.0 units)
  2. Romania (70.0 units)
  3. France (70.0 units)
  4. Czech Republic (62.0 units)
  5. Venezuela (62.0 units)
  6. Thailand (53.0 units)
  7. Egypt (33.0 units)
  8. New Zealand (26.0 units)
  9. Turkey (15.0 units)
  10. Belgium (14.0 units)
  11. United Arab Emirates (13.0 units)
  12. Iceland (11.0 units)
  13. Slovakia (11.0 units)

Source: IndexBox Market Intelligence Platform

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