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

Contents:

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

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

In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $613 per unit, picking up by 5.2% against the previous year. In general, the import price, however, saw a noticeable descent. The growth pace was the most rapid in 2018 an increase of 66% against the previous year. The import price peaked at $1,216 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat 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 Italy ($2,239 per unit), while the price for China ($319 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for winches and capstans; powered by an electric motors stood at $15,359 per unit in 2022, growing by 305% against the previous year. Over the period under review, the export price continues to indicate significant growth. The pace of growth was the most pronounced in 2016 an increase of 472% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($22,989 per unit), while the average price for exports to Panama amounted to $99 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ecuador (+38.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

Imports of winches and capstans; powered by an electric motors into Colombia skyrocketed to 2.7K units in 2022, picking up by 53% on the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -11.4% against 2020 indices. Imports peaked at 3.1K units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, imports of winches and capstans; powered by an electric motors skyrocketed to $1.7M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Winches and Capstans; Powered by an Electric Motor in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China20041320064747.9%
United States14519429944945.8%
United Kingdom0.10.81.428.1555.0%
Venezuela13521396.1N/A-15.6%
Poland66.291.536.3N/A-26.0%
Others702545406548-7.9%
Total1,2481,4571,0381,67310.3%

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

  1. China (2031.0 units)
  2. United States (461.0 units)
  3. United Kingdom (87.0 units)

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

In 2022, shipments abroad of winches and capstans; powered by an electric motors decreased by -78.6% to 3 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports recorded a significant decrease. The pace of growth appeared the most rapid in 2020 with an increase of 20%. Over the period under review, the exports of hit record highs at 14 units in 2021, and then shrank notably in the following year.

In value terms, exports of winches and capstans; powered by an electric motors shrank to $46K in 2022. In general, exports showed a abrupt setback. The smallest decline of -6.8% was in 2021. The exports peaked at $61K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Winches and Capstans; Powered by an Electric Motor in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ecuador15.337.00.546.044.3%
Panama0.40.41.10.1-37.0%
Venezuela0.50.73.4N/A160.8%
Peru1.32.011.2N/A193.5%
Guatemala16.712.931.0N/A36.2%
United States1.61.64.9N/A75.0%
Costa Rica0.10.10.1N/A0.0%
Mexico0.30.30.9N/A73.2%
CanadaN/A1.9N/AN/A0%
Others24.9N/AN/AN/A0%
Total61.156.953.146.1-9.0%

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

  1. Ecuador (2.0 units)
  2. Panama (1.0 units)

Source: IndexBox Market Intelligence Platform

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