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

Contents:

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

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

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $236 per unit, falling by -45.2% against the previous year. Over the period under review, the import price saw a perceptible reduction. The most prominent rate of growth was recorded in 2013 an increase of 71% against the previous year. The import price peaked at $704 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($524 per unit), while the price for China ($229 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 (+3.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for winches and capstans; powered by an electric motors stood at $8,120 per unit in 2022, surging by 1,435% against the previous year. Over the period under review, the export price recorded significant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by 4,876%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

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

From 2014 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +65.2% per year.

Imports of Winches and Capstans; Powered by an Electric Motor in Pakistan

Imports of winches and capstans; powered by an electric motors into Pakistan declined rapidly to 2.1K units in 2022, shrinking by -16.2% compared with 2021 figures. Over the period under review, imports recorded a sharp reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 7%. Imports peaked at 4.1K 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 declined sharply to $485K in 2022. In general, imports faced a dramatic contraction. The growth pace was the most rapid in 2021 with an increase of 38%. Imports peaked at $1.8M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Winches and Capstans; Powered by an Electric Motor in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China620684461398-13.7%
Hong Kong SAR1.323.332.224.6166.5%
Singapore3.42.37.517.673.0%
South Korea11.113.912714.69.6%
Germany15.66.91933.7-38.1%
United States190N/A203N/A3.4%
Others99437.832.926.8-70.0%
Total1,8367681,057485-35.8%

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

  1. China (1735.0 units)
  2. Singapore (57.0 units)
  3. South Korea (57.0 units)
  4. Hong Kong SAR (57.0 units)
  5. Germany (7.0 units)

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

Exports of winches and capstans; powered by an electric motors from Pakistan soared to 2 units in 2022, growing by 100% on 2021 figures. In general, exports, however, recorded a dramatic curtailment. The exports peaked at 4 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of winches and capstans; powered by an electric motors skyrocketed to $16K in 2022. Overall, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Winches and Capstans; Powered by an Electric Motor in Pakistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A16.20%
KuwaitN/A0.2N/AN/A0%
United Arab Emirates2.5N/A0.5N/A-55.3%
OthersN/AN/AN/AN/A0%
Total2.50.20.516.286.4%

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

  1. China (2.0 units)

Source: IndexBox Market Intelligence Platform

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