Price for Winches and Capstans; Not Powered by an Electric Motor in Sweden - 2023

Contents:

  1. Price for Winches and Capstans; Not Powered by an Electric Motor in Sweden (FOB) - 2022
  2. Price for Winches and Capstans; Not Powered by an Electric Motor in Sweden (CIF) - 2022
  3. Exports of Winches and Capstans; Not Powered by an Electric Motor in Sweden
  4. Imports of Winches and Capstans; Not Powered by an Electric Motor in Sweden

Price for Winches and Capstans; Not Powered by an Electric Motor in Sweden (FOB) - 2022

The average export price for winches and capstans; not powered by an electric motors stood at $887 per unit in 2022, declining by -2.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The growth pace was the most rapid in 2018 when the average export price increased by 33%. As a result, the export price reached the peak level of $1,157 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($6,469 per unit), while the average price for exports to Poland ($152 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Winches and Capstans; Not Powered by an Electric Motor in Sweden (CIF) - 2022

In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $113 per unit, growing by 56% against the previous year. Over the period under review, the import price showed a resilient expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 the United States ($581 per unit), while the price for Taiwan (Chinese) ($16 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+66.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Winches and Capstans; Not Powered by an Electric Motor in Sweden

After three years of growth, shipments abroad of winches and capstans; not powered by an electric motors decreased by -23.3% to 21K units in 2022. The total export volume increased at an average annual rate of +1.5% 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 2020 with an increase of 23% against the previous year. Over the period under review, the exports of attained the maximum at 28K units in 2021, and then plummeted in the following year.

In value terms, exports of winches and capstans; not powered by an electric motors shrank remarkably to $19M in 2022. Over the period under review, exports continue to indicate a mild curtailment. The growth pace was the most rapid in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of $25M, and then contracted sharply in the following year.

Export of Winches and Capstans; Not Powered by an Electric Motor in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.72.03.82.81.2%
Austria2.01.75.12.46.3%
United States1.22.73.31.712.3%
Netherlands0.71.61.61.426.0%
Australia2.31.61.81.4-15.3%
China0.10.90.31.0115.4%
Norway1.31.81.31.0-8.4%
Denmark0.41.41.60.826.0%
Finland0.70.70.90.84.6%
India2.91.00.30.6-40.9%
United Kingdom0.40.20.70.40.0%
Poland0.30.40.50.2-12.6%
Others4.43.23.84.3-0.8%
Total19.519.325.118.8-1.2%

Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Sweden in 2022:

  1. Denmark (5.0K units)
  2. Finland (4.3K units)
  3. Norway (2.7K units)
  4. Poland (1.5K units)
  5. Netherlands (1.4K units)
  6. China (1.3K units)
  7. Germany (1.1K units)
  8. India (0.6K units)
  9. United Kingdom (0.6K units)
  10. United States (0.4K units)
  11. Austria (0.4K units)
  12. Australia (0.3K units)

Imports of Winches and Capstans; Not Powered by an Electric Motor in Sweden

In 2022, after three years of growth, there was significant decline in overseas purchases of winches and capstans; not powered by an electric motors, when their volume decreased by -13.9% to 78K units. Overall, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +10.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +34.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports attained the peak of 90K units, and then declined in the following year.

In value terms, imports of winches and capstans; not powered by an electric motors soared to $8.8M in 2022. Over the period under review, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the near future.

Import of Winches and Capstans; Not Powered by an Electric Motor in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SlovakiaN/AN/A3162,538703.2%
Germany2,5622,2792,2041,897-9.5%
China32134152948915.1%
Taiwan (Chinese)3564374003721.5%
United Kingdom15484.81,01835131.6%
Netherlands79.710310619434.5%
Switzerland49.271.815.415045.0%
Others2,0081,0881,9352,80111.7%
Total5,5304,4056,5238,79216.7%

Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Sweden in 2022:

  1. Taiwan (Chinese) (23.6K units)
  2. China (19.4K units)
  3. Germany (8.7K units)
  4. United Kingdom (8.6K units)
  5. Slovakia (6.0K units)
  6. Switzerland (4.0K units)
  7. Netherlands (3.5K units)

Source: IndexBox Market Intelligence Platform

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