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

Contents:

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

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

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $1,857 per unit, dropping by -4.1% against the previous year. Overall, the import price showed a pronounced decline. The growth pace was the most rapid in 2015 an increase of 93%. The import price peaked at $3,999 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($14,707 per unit), while the price for Thailand ($412 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+45.6%), 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 Bangladesh (FOB) - 2022

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $522 per unit, with an increase of 4.7% against the previous year. Overall, the export price, however, saw a abrupt downturn. The pace of growth was the most pronounced in 2014 when the average export price increased by 105% against the previous year. The export price peaked at $1,341 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +20.6% per year.

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

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 -24.4% to 1.8K units. Over the period under review, imports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 78%. As a result, imports reached the peak of 2.3K units, and then shrank dramatically in the following year.

In value terms, imports of winches and capstans; powered by an electric motors declined dramatically to $3.3M in 2022. In general, imports, however, saw buoyant growth. The pace of growth was the most pronounced in 2021 when imports increased by 122%. As a result, imports reached the peak of $4.5M, and then reduced dramatically in the following year.

Import of Winches and Capstans; Powered by an Electric Motor in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,6801,2862,4561,208-10.4%
China4544341,03394927.9%
Singapore10441.325.667786.7%
Thailand177135258127-10.5%
Others2591447643288.2%
Total2,6742,0404,5373,2887.1%

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

  1. China (1112.0 units)
  2. Thailand (308.0 units)
  3. Spain (246.0 units)
  4. Singapore (46.0 units)

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

After three years of growth, shipments abroad of winches and capstans; powered by an electric motors decreased by -12.5% to 14 units in 2022. The total export volume increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 23%. As a result, the exports attained the peak of 16 units, and then declined in the following year.

In value terms, exports of winches and capstans; powered by an electric motors dropped to $7.3K in 2022. The total export value increased at an average annual rate of +9.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, the exports reached the peak of $8K, and then reduced in the following year.

Export of Winches and Capstans; Powered by an Electric Motor in Bangladesh (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India3.46.68.07.329.0%
Japan2.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5.56.68.07.39.9%

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

  1. India (14.0 units)

Source: IndexBox Market Intelligence Platform

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