Price for Winches and Capstans; Not Powered by an Electric Motor in Lithuania - 2023
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Lithuania (FOB) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Lithuania (CIF) - 2022
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Lithuania
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Lithuania
Price for Winches and Capstans; Not Powered by an Electric Motor in Lithuania (FOB) - 2022
In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $713 per unit, dropping by -17.6% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when the average export price increased by 66% against the previous year. Over the period under review, the average export prices reached the maximum at $866 per unit in 2021, and then fell notably in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($2,236 per unit), while the average price for exports to Estonia ($43 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 Canada (+6.0%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Winches and Capstans; Not Powered by an Electric Motor in Lithuania (CIF) - 2022
In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $146 per unit, surging by 22% against the previous year. Over the period under review, the import price continues to indicate resilient growth. The most prominent rate of growth was recorded in 2013 when the average import price increased by 280%. As a result, import price reached the peak level of $250 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,855 per unit), while the price for Latvia ($33 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+19.0%), 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 Lithuania
Exports of winches and capstans; not powered by an electric motors from Lithuania was estimated at 2.7K units in 2022, growing by 2.6% on the previous year's figure. The total export volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 14%. As a result, the exports reached the peak of 2.7K units; afterwards, it flattened through to 2022.
In value terms, exports of winches and capstans; not powered by an electric motors dropped notably to $1.9M in 2022. In general, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +10.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -15.9% against 2020 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 61%. As a result, the exports reached the peak of $2.3M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
Export of Winches and Capstans; Not Powered by an Electric Motor in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Canada | 223 | 270 | 858 | 827 | 54.8% |
United States | 124 | 246 | 435 | 471 | 56.0% |
Russia | 688 | 1,027 | 734 | 284 | -25.5% |
Norway | 32.1 | 81.7 | 42.4 | 40.2 | 7.8% |
Kazakhstan | 31.7 | N/A | 0.8 | 39.6 | 7.7% |
Latvia | 21.3 | 23.9 | 37.8 | 34.2 | 17.1% |
Estonia | 7.8 | 6.5 | 9.6 | 9.1 | 5.3% |
Iceland | 111 | N/A | N/A | N/A | 0% |
Others | 181 | 637 | 161 | 222 | 7.0% |
Total | 1,420 | 2,292 | 2,279 | 1,928 | 10.7% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Lithuania in 2022:
- Russia (718.0 units)
- Latvia (530.0 units)
- United States (374.0 units)
- Canada (370.0 units)
- Estonia (211.0 units)
- Kazakhstan (208.0 units)
- Norway (100.0 units)
Imports of Winches and Capstans; Not Powered by an Electric Motor in Lithuania
In 2022, overseas purchases of winches and capstans; not powered by an electric motors decreased by -16.5% to 5.6K units, falling for the second year in a row after two years of growth. In general, imports recorded a perceptible reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 25%. As a result, imports attained the peak of 8K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of winches and capstans; not powered by an electric motors rose slightly to $815K in 2022. Overall, imports, however, showed a perceptible increase. The pace of growth was the most pronounced in 2020 with an increase of 99% against the previous year. As a result, imports attained the peak of $1.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
Import of Winches and Capstans; Not Powered by an Electric Motor in Lithuania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Italy | 224 | 638 | 266 | 356 | 16.7% |
China | 105 | 143 | 153 | 192 | 22.3% |
Germany | 46.3 | 95.7 | 83.7 | 131 | 41.4% |
Netherlands | 9.7 | 65.5 | 12.3 | 32.2 | 49.2% |
Finland | 0.4 | 19.7 | 0.1 | 22.8 | 284.9% |
Latvia | 38.1 | 4.3 | 4.8 | 15.9 | -25.3% |
Poland | 19.5 | 15.3 | 17.0 | 8.4 | -24.5% |
Hungary | 3.1 | 5.4 | 6.7 | 0.3 | -54.1% |
Others | 303 | 501 | 258 | 55.9 | -43.1% |
Total | 749 | 1,488 | 802 | 815 | 2.9% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Lithuania in 2022:
- China (3911.0 units)
- Latvia (478.0 units)
- Finland (328.0 units)
- Poland (222.0 units)
- Italy (192.0 units)
- Netherlands (153.0 units)
- Germany (106.0 units)
- Hungary (9.0 units)
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