Price for Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka - 2022
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka (CIF) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka (FOB) - 2022
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka
Price for Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka (CIF) - 2022
In 2022, the average import price for winches and capstans; not powered by an electric motors amounted to $74 per unit, which is down by -85.5% against the previous year. In general, the import price faced a abrupt curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 37% against the previous year. Over the period under review, average import prices hit record highs at $607 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 China ($411 per unit), while the price for Japan ($19 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+47.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka (FOB) - 2022
In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $1,061 per unit, surging by 55% against the previous year. In general, the export price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2014 an increase of 422% against the previous year. As a result, the export price attained the peak level of $4,484 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
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 Singapore ($2,391 per unit), while the average price for exports to the United States ($12 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 Oman (+2.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka
In 2022, imports of winches and capstans; not powered by an electric motors into Sri Lanka soared to 46K units, jumping by 8,249% on 2021. Over the period under review, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of winches and capstans; not powered by an electric motors surged to $3.4M in 2022. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.1 | 0.3 | 0.1 | 3,194 | 3072.8% |
| Singapore | 27.3 | 0.1 | 3.6 | 25.8 | -1.9% |
| Others | 291 | 311 | 274 | 137 | -22.2% |
| Total | 318 | 311 | 278 | 3,356 | 119.3% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Sri Lanka in 2022:
- United Kingdom (44.7K units)
- Singapore (0.5K units)
Exports of Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka
In 2022, after three years of growth, there was significant decline in overseas shipments of winches and capstans; not powered by an electric motors, when their volume decreased by -95.9% to 5 units. In general, exports showed a precipitous curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 262% against the previous year. As a result, the exports attained the peak of 123 units, and then shrank remarkably in the following year.
In value terms, exports of winches and capstans; not powered by an electric motors shrank notably to $5.3K in 2022. Overall, exports recorded a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by 410% against the previous year. As a result, the exports attained the peak of $84K, and then dropped markedly in the following year.
| Export of Winches and Capstans; Not Powered by an Electric Motor in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Singapore | N/A | N/A | N/A | 4.8 | 0% |
| India | 0.4 | 0.1 | 18.4 | 0.3 | -9.1% |
| Maldives | N/A | 0.7 | 0.1 | 0.2 | -46.5% |
| Japan | 1.0 | N/A | 0.1 | N/A | -68.4% |
| Germany | 0.3 | 0.1 | 0.1 | N/A | -42.3% |
| Seychelles | 0.7 | 0.2 | 1.9 | N/A | 64.8% |
| United States | N/A | 12.5 | 44.4 | N/A | 255.2% |
| Oman | 4.8 | 2.8 | 5.0 | N/A | 2.1% |
| Others | 0.7 | 0.1 | 14.1 | N/A | 348.8% |
| Total | 8.0 | 16.5 | 84.1 | 5.3 | -12.8% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Sri Lanka in 2022:
- Singapore (2.0 units)
- United States (1.0 units)
- Maldives (1.0 units)
- India (1.0 units)
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