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

Contents:

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

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

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $699 per unit, flattening at the previous year. Overall, the import price saw a slight contraction. The pace of growth was the most pronounced in 2015 an increase of 107%. The import price peaked at $2,492 per unit in 2017; however, from 2018 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 ($2,285 per unit), while the price for China ($464 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.5%), 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 Russia (FOB) - 2022

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $2,586 per unit, dropping by -12% against the previous year. In general, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2018 an increase of 29%. The export price peaked at $9,614 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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 Estonia ($3,048 per unit), while the average price for exports to Armenia ($1,248 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 Germany (+69.1%), 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 Russia

In 2022, after three years of growth, there was significant decline in supplies from abroad of winches and capstans; powered by an electric motors, when their volume decreased by -7.6% to 71K units. Over the period under review, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +17.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 35% against the previous year. Imports peaked at 77K units in 2021, and then reduced in the following year.

In value terms, imports of winches and capstans; powered by an electric motors dropped to $50M in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.6% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 32% against the previous year. Imports peaked at $54M in 2021, and then reduced in the following year.

Import of Winches and Capstans; Powered by an Electric Motor in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China8.913.517.830.550.8%
Italy2.54.25.25.328.5%
Netherlands5.3N/A4.7N/A-5.8%
Belarus0.91.11.2N/A15.5%
Others16.927.025.314.3-5.4%
Total34.645.854.250.013.1%

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

  1. China (65.7K units)
  2. Italy (2.3K units)

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

In 2022, the amount of winches and capstans; powered by an electric motors exported from Russia dropped modestly to 1.8K units, which is down by -2.7% on 2021 figures. In general, exports, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 97%. As a result, the exports reached the peak of 1.9K units, and then fell slightly in the following year.

In value terms, exports of winches and capstans; powered by an electric motors declined to $4.7M in 2022. Overall, exports continue to indicate a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of 40% against the previous year. As a result, the exports reached the peak of $5.4M, and then reduced in the following year.

Export of Winches and Capstans; Powered by an Electric Motor in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Kazakhstan2,0141,5042,5983,33118.3%
Armenia0.414.916.6211708.0%
Estonia1,15032261.721.3-73.5%
Belarus380341278N/A-14.5%
RomaniaN/AN/A513N/A0%
Others1,6561,6941,9741,095-12.9%
Total5,2013,8755,4414,658-3.6%

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

  1. Kazakhstan (1535.0 units)
  2. Armenia (169.0 units)
  3. Estonia (7.0 units)

Source: IndexBox Market Intelligence Platform

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