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

Contents:

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

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

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $1,689 per unit, with an increase of 7.5% against the previous year. Overall, the import price, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2015 an increase of 83%. As a result, import price reached the peak level of $3,531 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($17,163 per unit), while the price for Germany ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+49.9%), 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 Tanzania (FOB) - 2022

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $1,185 per unit, rising by 122% against the previous year. Overall, the export price, however, faced a deep setback. The most prominent rate of growth was recorded in 2016 an increase of 329% against the previous year. The export price peaked at $6,836 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($1,357 per unit), while the average price for exports to Rwanda amounted to $501 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Rwanda (+7.0%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, overseas purchases of winches and capstans; powered by an electric motors decreased by -85.5% to 152 units in 2022. In general, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 910% against the previous year. Imports peaked at 1K units in 2021, and then contracted markedly in the following year.

In value terms, imports of winches and capstans; powered by an electric motors dropped sharply to $257K in 2022. Overall, imports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 962%. Imports peaked at $1.6M in 2021, and then dropped significantly in the following year.

Import of Winches and Capstans; Powered by an Electric Motor in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7.3299711156177.5%
South Korea54.517023051.5-1.9%
United States1.647.843.00.4-37.0%
Germany0.15.256.6N/A2279.1%
France9.294.652.5N/A138.9%
EgyptN/A33.5N/AN/A0%
Others8.220855048.580.8%
Total80.88581,64325747.1%

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

  1. China (139.0 units)
  2. South Korea (3.0 units)
  3. United States (1.0 units)
  4. Germany (1.0 units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of winches and capstans; powered by an electric motors, when their volume decreased by -16.7% to 5 units. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 100%. As a result, the exports reached the peak of 6 units, and then reduced notably in the following year.

In value terms, exports of winches and capstans; powered by an electric motors skyrocketed to $5.9K in 2022. Over the period under review, exports, however, saw significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 572% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Winches and Capstans; Powered by an Electric Motor in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A5.40%
RwandaN/AN/AN/A0.50%
KenyaN/A0.1N/AN/A0%
Zambia0.30.21.7N/A138.0%
South Africa0.60.21.5N/A58.1%
OthersN/AN/AN/AN/A0%
Total0.90.53.25.987.2%

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

  1. Turkey (4.0 units)
  2. Rwanda (1.0 units)

Source: IndexBox Market Intelligence Platform

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