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

Contents:

  1. Price for Winches and Capstans; Powered by an Electric Motor in Guatemala (CIF) - 2022
  2. Imports of Winches and Capstans; Powered by an Electric Motor in Guatemala

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

The average import price for winches and capstans; powered by an electric motors stood at $704 per unit in 2022, picking up by 21% against the previous year. Over the period under review, the import price, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2013 when the average import price increased by 31% against the previous year. The import price peaked at $1,362 per unit in 2014; however, from 2015 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 Taiwan (Chinese) ($1,306 per unit), while the price for the UK ($94 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, overseas purchases of winches and capstans; powered by an electric motors decreased by -85.6% to 539 units in 2022. Overall, imports, however, showed a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 798% against the previous year. As a result, imports attained the peak of 3.7K units, and then reduced remarkably in the following year.

In value terms, imports of winches and capstans; powered by an electric motors declined dramatically to $380K in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 476%. As a result, imports attained the peak of $2.2M, and then fell rapidly in the following year.

Import of Winches and Capstans; Powered by an Electric Motor in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India0.10.20.32081176.5%
China24.612.230.575.645.4%
United States26.924725.123.7-4.1%
Brazil0.70.911.223.5222.6%
Taiwan (Chinese)0.61.17.713.1179.5%
Mexico57.716.451.54.6-57.0%
United Kingdom1.614.81,8720.1-60.3%
South Korea0.338.2134N/A2013.4%
Others65.847.849.731.5-21.8%
Total1783792,18238028.8%

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

  1. India (358.0 units)
  2. China (102.0 units)
  3. United States (31.0 units)
  4. Brazil (18.0 units)
  5. Taiwan (Chinese) (10.0 units)
  6. Mexico (4.0 units)
  7. United Kingdom (1.0 units)

Source: IndexBox Market Intelligence Platform

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