Price for Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan - 2023
Contents:
- Price for Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan (FOB) - 2022
- Price for Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan (CIF) - 2022
- Exports of Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan
- Imports of Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan
Price for Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan (FOB) - 2022
In 2022, the average export price for winches and capstans; not powered by an electric motors amounted to $17,563 per unit, growing by 21% against the previous year. In general, the export price posted a strong increase. The most prominent rate of growth was recorded in 2020 an increase of 20,272% against the previous year. Over the period under review, the average export prices attained the peak figure at $135,119 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkmenistan ($219,000 per unit), while the average price for exports to Italy ($588 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+732.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan (CIF) - 2022
The average import price for winches and capstans; not powered by an electric motors stood at $1,778 per unit in 2022, increasing by 238% against the previous year. Overall, the import price, however, saw a perceptible slump. The import price peaked at $3,908 per unit in 2013; however, from 2014 to 2022, 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 the UK ($13,492 per unit), while the price for Russia ($56 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+3.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan
In 2022, overseas shipments of winches and capstans; not powered by an electric motors increased by 2,070% to 217 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of winches and capstans; not powered by an electric motors skyrocketed to $3.8M in 2022. Overall, exports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 4,927%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkmenistan | N/A | N/A | N/A | 2,190 | 0% |
| United Kingdom | 0.1 | N/A | N/A | 1,600 | 2419.8% |
| Italy | 1.5 | N/A | N/A | 4.7 | 46.3% |
| Russia | N/A | 236 | 0.2 | N/A | -99.9% |
| China | N/A | N/A | 57.5 | N/A | 0% |
| Egypt | 2.5 | 0.2 | N/A | N/A | -92.0% |
| Pakistan | 0.4 | N/A | N/A | N/A | 0% |
| Netherlands | 2.1 | N/A | N/A | N/A | 0% |
| Afghanistan | 0.3 | 1.2 | N/A | N/A | 300.0% |
| Others | N/A | 109 | 87.3 | 16.8 | -60.7% |
| Total | 6.9 | 346 | 145 | 3,811 | 720.5% |
Top Export Markets for Winches and Capstans; Not Powered by an Electric Motor from Azerbaijan in 2022:
- United Kingdom (195.0 units)
- Turkmenistan (10.0 units)
- Italy (8.0 units)
Imports of Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan
After two years of decline, supplies from abroad of winches and capstans; not powered by an electric motors increased by 57% to 1.8K units in 2022. Overall, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.2% over the last three years. 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.
In value terms, imports of winches and capstans; not powered by an electric motors skyrocketed to $3.3M in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Winches and Capstans; Not Powered by an Electric Motor in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 232 | 206 | 46.2 | 2,604 | 123.9% |
| United States | 221 | 44.8 | 46.1 | 362 | 17.9% |
| Taiwan (Chinese) | 1.6 | N/A | 0.5 | 139 | 342.9% |
| Turkey | 55.7 | 13.8 | 68.8 | 38.7 | -11.4% |
| China | 43.7 | 42.8 | 111 | 16.8 | -27.3% |
| Russia | 130 | 8.5 | 36.8 | 0.1 | -90.8% |
| Norway | 185 | 253 | N/A | N/A | 36.8% |
| Poland | N/A | 161 | 168 | N/A | 4.3% |
| Others | 410 | 890 | 137 | 90.8 | -39.5% |
| Total | 1,279 | 1,619 | 614 | 3,251 | 36.5% |
Top Suppliers of Winches and Capstans; Not Powered by an Electric Motor to Azerbaijan in 2022:
- Taiwan (Chinese) (1177.0 units)
- United States (257.0 units)
- United Kingdom (193.0 units)
- China (131.0 units)
- Turkey (51.0 units)
- Russia (1.0 units)
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