Price for Winches and Capstans; Powered by an Electric Motor in Sri Lanka - 2022
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Sri Lanka (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Sri Lanka (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Sri Lanka
- Exports of Winches and Capstans; Powered by an Electric Motor in Sri Lanka
Price for Winches and Capstans; Powered by an Electric Motor in Sri Lanka (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $371 per unit in 2022, waning by -82.6% against the previous year. In general, the import price saw a abrupt descent. The growth pace was the most rapid in 2017 an increase of 82%. As a result, import price attained the peak level of $3,589 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($1,817 per unit), while the price for the UK ($78 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+19.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Winches and Capstans; Powered by an Electric Motor in Sri Lanka (FOB) - 2022
The average export price for winches and capstans; powered by an electric motors stood at $42 per unit in 2022, falling by -92% against the previous year. In general, the export price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2013 an increase of 653%. Over the period under review, the average export prices attained the peak figure at $1,069 per unit in 2016; however, from 2017 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 the United States.
From 2012 to 2022, the rate of growth in terms of prices for Seychelles amounted to +24.9% per year.
Imports of Winches and Capstans; Powered by an Electric Motor in Sri Lanka
Imports of winches and capstans; powered by an electric motors into Sri Lanka skyrocketed to 1.5K units in 2022, rising by 536% compared with 2021. In general, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of winches and capstans; powered by an electric motors expanded sharply to $540K in 2022. Over the period under review, imports, however, continue to indicate a deep reduction. Over the period under review, imports of hit record highs at $705K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Winches and Capstans; Powered by an Electric Motor in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 390 | 31.2 | 16.5 | 300 | -8.4% |
| United Kingdom | 1.9 | 1.0 | 0.2 | 86.1 | 256.5% |
| India | 22.0 | 13.9 | 3.5 | 52.7 | 33.8% |
| Netherlands | 1.8 | 5.8 | 149 | 28.0 | 149.6% |
| Taiwan (Chinese) | 21.0 | 10.6 | 4.7 | 10.0 | -21.9% |
| United States | 63.0 | 54.2 | 24.7 | 7.4 | -51.0% |
| Italy | 45.5 | 73.3 | 17.9 | 0.4 | -79.4% |
| Japan | 0.1 | 159 | 0.2 | 0.3 | 44.2% |
| Others | 159 | 189 | 272 | 55.3 | -29.7% |
| Total | 705 | 538 | 489 | 540 | -8.5% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Sri Lanka in 2022:
- United Kingdom (1097.0 units)
- China (266.0 units)
- India (29.0 units)
- Taiwan (Chinese) (18.0 units)
- United States (13.0 units)
- Netherlands (11.0 units)
- Italy (1.0 units)
- Japan (1.0 units)
Exports of Winches and Capstans; Powered by an Electric Motor in Sri Lanka
For the third year in a row, Sri Lanka recorded decline in overseas shipments of winches and capstans; powered by an electric motors, which decreased by -80% to 1 units in 2022. Over the period under review, exports continue to indicate a dramatic curtailment. The smallest decline of -54.5% was in 2021. The exports peaked at 29 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of winches and capstans; powered by an electric motors reduced markedly to $42 in 2022. Overall, exports faced a sharp shrinkage. The smallest decline of -65.7% was in 2021. The exports peaked at $26K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Winches and Capstans; Powered by an Electric Motor in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.2 | N/A | N/A | N/A | 0% |
| Nigeria | N/A | 0.2 | N/A | N/A | 0% |
| China | N/A | 0.2 | N/A | N/A | 0% |
| Germany | 11.4 | 5.3 | 1.8 | N/A | -60.3% |
| Seychelles | 1.9 | 0.4 | 0.1 | N/A | -77.1% |
| United States | N/A | N/A | N/A | N/A | 0% |
| France | N/A | 0.5 | N/A | N/A | 0% |
| India | 6.5 | 0.8 | 0.4 | N/A | -75.2% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Maldives | 4.5 | 0.2 | N/A | N/A | -95.6% |
| Others | N/A | N/A | 0.3 | N/A | 0% |
| Total | 26.5 | 7.7 | 2.6 | N/A | -68.7% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Sri Lanka in 2022:
- United States (1.0 units)
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