Price for Winches and Capstans; Not Powered by an Electric Motor in Serbia - 2024

Contents:

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

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

The average export price for winches and capstans; not powered by an electric motors stood at $3,840 per unit in 2022, growing by 118% against the previous year. Overall, the export price posted buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 125%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($41,093 per unit), while the average price for exports to Spain ($1,155 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 Hong Kong SAR (+106.5%), 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 Serbia (CIF) - 2022

In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $110 per unit, reducing by -42.7% against the previous year. In general, the import price continues to indicate a deep contraction. The growth pace was the most rapid in 2019 when the average import price increased by 83% against the previous year. The import price peaked at $1,037 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 Netherlands ($4,183 per unit), while the price for China ($24 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

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

For the third consecutive year, Serbia recorded decline in overseas shipments of winches and capstans; not powered by an electric motors, which decreased by -41.6% to 2.8K units in 2022. Over the period under review, exports showed a dramatic downturn. The smallest decline of -23.9% was in 2021. Over the period under review, the exports of hit record highs at 13K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of winches and capstans; not powered by an electric motors skyrocketed to $11M in 2022. Overall, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 when exports increased by 32% against the previous year. The exports peaked at $17M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Winches and Capstans; Not Powered by an Electric Motor in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,2844669374,07246.9%
Denmark1,88842.53711,485-7.7%
Hong Kong SAR1,3905964861,110-7.2%
Turkey3,1061781,4041,107-29.1%
Russia2,6081,2211,2421,082-25.4%
Norway67689.71,932663-0.6%
Poland1,026260127635-14.8%
Spain1,050498514460-24.1%
China2082,4486258.2-66.0%
South Korea469103342N/A-14.6%
Romania52577.16.2N/A-89.1%
Others2,367421447118-63.2%
Total16,5976,4008,43210,740-13.5%

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

  1. Norway (572.0 units)
  2. United States (520.0 units)
  3. Russia (424.0 units)
  4. Denmark (405.0 units)
  5. Spain (398.0 units)
  6. Turkey (216.0 units)
  7. Poland (120.0 units)
  8. Hong Kong SAR (27.0 units)
  9. China (7.0 units)

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

In 2022, the amount of winches and capstans; not powered by an electric motors imported into Serbia surged to 5.6K units, increasing by 16% on 2021. Over the period under review, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 227%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in years to come.

In value terms, imports of winches and capstans; not powered by an electric motors fell dramatically to $617K in 2022. In general, imports, however, continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 31%. Over the period under review, imports of hit record highs at $1.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Winches and Capstans; Not Powered by an Electric Motor in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy16488.025.1157-1.4%
China29.730.185.211456.6%
Slovenia62.766.524110920.2%
Germany45362.359.640.0-55.5%
Poland3.66.625.710.342.0%
Sweden17.50.14.98.6-21.1%
United States0.91321105.380.6%
Others388320374172-23.8%
Total1,119706925617-18.0%

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

  1. China (4774.0 units)
  2. Italy (281.0 units)
  3. Poland (182.0 units)
  4. Sweden (100.0 units)
  5. Slovenia (88.0 units)
  6. Germany (50.0 units)
  7. United States (3.0 units)

Source: IndexBox Market Intelligence Platform

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