Price for Winches and Capstans; Powered by an Electric Motor in Panama - 2022

Contents:

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

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

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $1,406 per unit, surging by 105% against the previous year. In general, the import price posted a resilient expansion. The growth pace was the most rapid in 2013 an increase of 178% against the previous year. The import price peaked at $1,528 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($22,795 per unit), while the price for China ($760 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+27.9%), 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 Panama (FOB) - 2022

The average export price for winches and capstans; powered by an electric motors stood at $609 per unit in 2022, with an increase of 187% against the previous year. In general, the export price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2014 an increase of 566% against the previous year. As a result, the export price reached the peak level of $15,789 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($1,726 per unit), while the average price for exports to Nicaragua ($5 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 Jamaica (+22.6%), 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 Panama

After two years of decline, supplies from abroad of winches and capstans; powered by an electric motors increased by 73% to 187 units in 2022. Overall, imports, however, showed a dramatic slump. Over the period under review, imports of reached the maximum at 458 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of winches and capstans; powered by an electric motors surged to $263K in 2022. Over the period under review, imports, however, continue to indicate a abrupt curtailment. Over the period under review, imports of reached the peak figure at $441K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Winches and Capstans; Powered by an Electric Motor in Panama (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.75.25.991.2277.2%
China25.77.16.268.438.6%
United States14316.14.761.4-24.6%
Free Zones0.20.10.110.2270.8%
Australia22.50.40.57.5-30.7%
South Korea12.64.92.26.7-19.0%
Netherlands45.720.210.2N/A-52.8%
United Kingdom13.714.70.1N/A-91.5%
France45.028.320.3N/A-32.8%
Others13139.723.917.7-48.7%
Total44113774.0263-15.8%

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

  1. China (90.0 units)
  2. United States (71.0 units)
  3. Free Zones (8.0 units)
  4. Australia (5.0 units)
  5. Italy (4.0 units)
  6. South Korea (3.0 units)

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

In 2022, approx. 19 units of winches and capstans; powered by an electric motors were exported from Panama; picking up by 27% against 2021 figures. Over the period under review, exports, however, showed a slight descent. Over the period under review, the exports of attained the maximum at 20 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of winches and capstans; powered by an electric motors surged to $12K in 2022. In general, exports continue to indicate mild growth. 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 Panama (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6,8861,3932,3468,6307.8%
Colombia35571.01204377.2%
NorwayN/AN/AN/A4040%
Cuba959132152380-26.6%
Jamaica10635.050.015313.0%
Spain91.023.049.015218.6%
Ecuador18229.038.0111-15.2%
Guatemala75.04.030.093.07.4%
Belize17526.031.083.0-22.0%
Guyana10518.025.076.0-10.2%
Chile69.011.015.044.0-13.9%
Costa Rica53.06.03.025.0-22.2%
Nicaragua11.02.02.05.0-23.1%
Others1,913228319980-20.0%
Total10,9801,9783,18011,5731.8%

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

  1. Netherlands (5.0 units)
  2. Jamaica (1.0 units)
  3. Colombia (1.0 units)
  4. Cuba (1.0 units)
  5. Norway (1.0 units)
  6. Guyana (1.0 units)
  7. Costa Rica (1.0 units)
  8. Guatemala (1.0 units)
  9. Spain (1.0 units)
  10. Chile (1.0 units)
  11. Belize (1.0 units)
  12. Nicaragua (1.0 units)
  13. Ecuador (1.0 units)

Source: IndexBox Market Intelligence Platform

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