Price for Winches and Capstans; Powered by an Electric Motor in Belgium - 2023
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Belgium (FOB) - 2023
- Price for Winches and Capstans; Powered by an Electric Motor in Belgium (CIF) - 2023
- Exports of Winches and Capstans; Powered by an Electric Motor in Belgium
- Imports of Winches and Capstans; Powered by an Electric Motor in Belgium
Price for Winches and Capstans; Powered by an Electric Motor in Belgium (FOB) - 2023
The average export price for winches and capstans; powered by an electric motors stood at $193 per unit in December 2023, falling by -67.6% against the previous month. Overall, the export price continues to indicate a noticeable curtailment. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 238% m-o-m. Over the period under review, the average export prices attained the maximum at $596 per unit in November 2023, and then dropped markedly in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Mauritania ($20,087 per unit), while the average price for exports to Switzerland ($256 per unit) was amongst the lowest.
From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winches and Capstans; Powered by an Electric Motor in Belgium (CIF) - 2023
In December 2023, the average import price for winches and capstans; powered by an electric motors amounted to $109 per unit, rising by 24% against the previous month. Overall, the import price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 1,012% m-o-m. As a result, import price reached the peak level of $2,190 per unit. From October 2023 to December 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($68.1 per unit), while the price for the UK totaled $7.3 per unit.
From December 2022 to December 2023, 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 a decline.
Exports of Winches and Capstans; Powered by an Electric Motor in Belgium
After three years of growth, overseas shipments of winches and capstans; powered by an electric motors decreased by -17% to 28K units in 2022. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,521%. Over the period under review, the exports of attained the maximum at 34K units in 2021, and then reduced rapidly in the following year.
In value terms, exports of winches and capstans; powered by an electric motors declined modestly to $9.5M in 2022. Overall, exports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 907%. Over the period under review, the exports of reached the maximum at $9.6M in 2021, and then contracted modestly in the following year.
| Export of Winches and Capstans; Powered by an Electric Motor in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 14.3 | 24.9 | 85.1 | 2,603 | 466.7% |
| France | 31.0 | 1,231 | 1,200 | 1,268 | 244.6% |
| Germany | 5.7 | 490 | 674 | 584 | 367.9% |
| Netherlands | 27.6 | 118 | 463 | 556 | 172.1% |
| Canada | N/A | 54.4 | 0.3 | 387 | 166.7% |
| China | 18.2 | 50.0 | N/A | 304 | 155.6% |
| Czech Republic | 0.3 | 20.9 | 618 | 252 | 843.5% |
| Poland | 0.7 | 94.0 | 193 | 216 | 575.7% |
| Saudi Arabia | N/A | 172 | 497 | 215 | 11.8% |
| Spain | 3.2 | 153 | 127 | 162 | 269.9% |
| Italy | 2.7 | 127 | 158 | 153 | 284.1% |
| Luxembourg | 1.0 | 270 | 213 | 101 | 365.7% |
| Mexico | N/A | 0.1 | N/A | 2.8 | 429.2% |
| Others | 357 | 1,843 | 5,364 | 2,712 | 96.6% |
| Total | 462 | 4,649 | 9,592 | 9,516 | 174.1% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Belgium in 2022:
- France (4.5K units)
- Germany (3.8K units)
- Canada (3.6K units)
- Netherlands (2.7K units)
- Czech Republic (2.5K units)
- Mexico (1.6K units)
- Luxembourg (1.3K units)
- United States (1.0K units)
- Spain (0.9K units)
- Italy (0.8K units)
- Poland (0.8K units)
- China (0.6K units)
- Saudi Arabia (0.4K units)
Imports of Winches and Capstans; Powered by an Electric Motor in Belgium
In 2022, purchases abroad of winches and capstans; powered by an electric motors decreased by -35.5% to 28K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, saw a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 649%. Imports peaked at 44K units in 2021, and then dropped notably in the following year.
In value terms, imports of winches and capstans; powered by an electric motors rose modestly to $7.1M in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 205% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.
| Import of Winches and Capstans; Powered by an Electric Motor in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 94.9 | 1,916 | 3,288 | 2,389 | 193.1% |
| Netherlands | 313 | 542 | 948 | 1,593 | 72.0% |
| United Kingdom | 2.6 | 118 | 142 | 1,455 | 724.1% |
| Italy | 131 | 423 | 380 | 744 | 78.4% |
| Germany | 327 | 305 | 387 | 222 | -12.1% |
| Taiwan (Chinese) | 48.6 | 24.3 | 33.3 | 184 | 55.9% |
| Others | 481 | 941 | 1,587 | 480 | -0.1% |
| Total | 1,399 | 4,270 | 6,765 | 7,067 | 71.6% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Belgium in 2022:
- China (20.3K units)
- Netherlands (3.6K units)
- United Kingdom (1.9K units)
- Italy (0.6K units)
- Taiwan (Chinese) (0.4K units)
- Germany (0.3K units)
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