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

Contents:

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

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

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $392 per unit, declining by -14.1% against the previous year. Overall, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2014 an increase of 196%. Over the period under review, average import prices reached the maximum at $1,264 per unit in 2015; however, from 2016 to 2022, import prices remained at a 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 Argentina ($785 per unit), while the price for Panama ($286 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+14.3%), 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 Venezuela (FOB) - 2022

The average export price for winches and capstans; powered by an electric motors stood at $6,777 per unit in 2022, declining by -10.3% against the previous year. In general, the export price, however, posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of 33% against the previous year. Over the period under review, the average export prices attained the maximum at $7,553 per unit in 2021, and then contracted in the following year.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Trinidad and Tobago ($7,704 per unit), while the average price for exports to Colombia amounted to $6,644 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Colombia (+6.6%).

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

In 2022, supplies from abroad of winches and capstans; powered by an electric motors was finally on the rise to reach 177 units after two years of decline. In general, imports, however, saw a precipitous shrinkage. Imports peaked at 472 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of winches and capstans; powered by an electric motors declined modestly to $69K in 2022. Overall, imports, however, recorded a significant decline. The most prominent rate of growth was recorded in 2021 when imports increased by 8.2%. Over the period under review, imports of attained the maximum at $229K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Winches and Capstans; Powered by an Electric Motor in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico12642.948.146.2-28.4%
Argentina15.05.15.75.5-28.4%
Taiwan (Chinese)14.54.85.24.9-30.3%
France21.26.15.84.7-39.5%
United States32.82.32.22.9-55.5%
Canada4.91.31.10.8-45.3%
Spain4.41.21.10.8-43.3%
Others10.83.03.03.7-30.0%
Total22966.772.269.5-32.8%

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

  1. Mexico (122.0 units)
  2. Taiwan (Chinese) (13.0 units)
  3. France (13.0 units)
  4. Argentina (7.0 units)
  5. United States (4.0 units)
  6. Canada (2.0 units)
  7. Spain (2.0 units)

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

In 2022, shipments abroad of winches and capstans; powered by an electric motors was finally on the rise to reach 8 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a precipitous slump. The exports peaked at 20 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of winches and capstans; powered by an electric motors soared to $54K in 2022. Over the period under review, exports, however, showed a abrupt descent. The exports peaked at $88K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Winches and Capstans; Powered by an Electric Motor in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia87.963.145.346.5-19.1%
Trinidad and TobagoN/AN/AN/A7.70%
OthersN/AN/AN/AN/A0%
Total87.963.145.354.2-14.9%

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

  1. Colombia (7.0 units)
  2. Trinidad and Tobago (1.0 units)

Source: IndexBox Market Intelligence Platform

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