Price for Winches and Capstans; Powered by an Electric Motor in Greece - 2023

Contents:

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

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

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $480 per unit, rising by 63% against the previous year. Over the period under review, the import price saw a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 75% against the previous year. The import price peaked at $525 per unit in 2016; however, from 2017 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 Germany ($1,265 per unit), while the price for Taiwan (Chinese) ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+30.0%), 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 Greece (FOB) - 2022

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $748 per unit, jumping by 127% against the previous year. In general, the export price, however, recorded a pronounced downturn. The most prominent rate of growth was recorded in 2015 an increase of 285%. As a result, the export price attained the peak level of $1,212 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($2,823 per unit), while the average price for exports to Lebanon ($153 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 Romania (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of winches and capstans; powered by an electric motors decreased by -24.4% to 22K units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a perceptible decline. The growth pace was the most rapid in 2021 with an increase of 11% against the previous year. As a result, imports reached the peak of 30K units, and then declined markedly in the following year.

In value terms, imports of winches and capstans; powered by an electric motors skyrocketed to $11M in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +73.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Winches and Capstans; Powered by an Electric Motor in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.32.93.63.818.2%
Italy0.91.52.22.642.4%
Spain0.4N/AN/A2.173.8%
Germany2.02.32.21.8-3.5%
Netherlands0.1N/A0.10.10.0%
Taiwan (Chinese)N/A0.10.1N/A0.0%
Others0.50.30.60.4-7.2%
Total6.27.08.710.719.9%

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

  1. China (14.6K units)
  2. Italy (2.5K units)
  3. Spain (2.5K units)
  4. Germany (1.4K units)
  5. Netherlands (0.4K units)
  6. Taiwan (Chinese) (0.3K units)

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

After three years of growth, overseas shipments of winches and capstans; powered by an electric motors decreased by -85.7% to 368 units in 2022. Overall, exports, however, recorded a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 578%. As a result, the exports reached the peak of 2.6K units, and then shrank remarkably in the following year.

In value terms, exports of winches and capstans; powered by an electric motors reduced sharply to $275K in 2022. In general, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 273% against the previous year. As a result, the exports attained the peak of $850K, and then declined remarkably in the following year.

Export of Winches and Capstans; Powered by an Electric Motor in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A62.10%
MoroccoN/AN/A10855.0-49.1%
Cyprus18.847.654028.815.3%
TurkeyN/AN/AN/A20.20%
LebanonN/AN/AN/A13.20%
Romania5.1N/AN/A8.518.6%
ItalyN/A2.1N/A6.677.3%
United Kingdom0.32.16.36.5178.8%
Bulgaria0.79.85.8N/A187.8%
SerbiaN/A10513.4N/A-87.2%
IranN/A13.1103N/A686.3%
Others13048.673.974.3-17.0%
Total15522885027521.1%

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

  1. Cyprus (142.0 units)
  2. Lebanon (86.0 units)
  3. Italy (42.0 units)
  4. United Kingdom (25.0 units)
  5. Turkey (24.0 units)
  6. India (22.0 units)
  7. Romania (8.0 units)
  8. Morocco (5.0 units)

Source: IndexBox Market Intelligence Platform

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