Price for Winches and Capstans; Powered by an Electric Motor in Serbia - 2024

Contents:

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

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

The average import price for winches and capstans; powered by an electric motors stood at $276 per unit in 2022, dropping by -16.4% against the previous year. Overall, the import price faced a deep reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 8.8% against the previous year. As a result, import price attained the peak level of $1,328 per unit. From 2017 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($3,773 per unit), while the price for China stood at $261 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.5%).

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

In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $1,122 per unit, shrinking by -11.5% against the previous year. In general, the export price, however, posted noticeable growth. The most prominent rate of growth was recorded in 2014 when the average export price increased by 65% against the previous year. Over the period under review, the average export prices reached the maximum at $2,181 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

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 the United States ($5,393 per unit), while the average price for exports to Montenegro ($351 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 Russia (+60.6%), 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 Serbia

In 2022, imports of winches and capstans; powered by an electric motors into Serbia skyrocketed to 54K units, with an increase of 164% on the year before. Over the period under review, imports showed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 923%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the immediate term.

In value terms, imports of winches and capstans; powered by an electric motors skyrocketed to $15M in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 385%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.

Import of Winches and Capstans; Powered by an Electric Motor in Serbia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.30.25.213.9259.2%
Germany0.50.30.30.2-26.3%
Others0.90.91.20.8-3.9%
Total1.71.46.714.8105.7%

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

  1. China (53.2K units)
  2. Germany (0.1K units)

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

For the third consecutive year, Serbia recorded decline in overseas shipments of winches and capstans; powered by an electric motors, which decreased by -21.3% to 37 units in 2022. In general, exports recorded a precipitous decline. The exports peaked at 135 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of winches and capstans; powered by an electric motors fell dramatically to $42K in 2022. Over the period under review, exports saw a dramatic descent. The smallest decline of -28.6% was in 2021. Over the period under review, the exports of attained the maximum at $232K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Winches and Capstans; Powered by an Electric Motor in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2.20.20.721.6114.1%
Montenegro0.8N/AN/A9.1124.9%
Greece3.4N/A0.17.228.4%
Bosnia and Herzegovina0.80.1N/A2.240.1%
North Macedonia0.10.20.51.0115.4%
France0.1N/AN/A0.458.7%
Russia8.30.12.7N/A-43.0%
China18080.040.8N/A-52.4%
Netherlands8.20.1N/AN/A-98.8%
Turkey11.71.04.6N/A-37.3%
Others16.01.710.1N/A-20.5%
Total23283.559.641.5-43.7%

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

  1. Montenegro (26.0 units)
  2. United States (4.0 units)
  3. Bosnia and Herzegovina (3.0 units)
  4. Greece (2.0 units)
  5. North Macedonia (1.0 units)
  6. France (1.0 units)

Source: IndexBox Market Intelligence Platform

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