Price for Winches and Capstans; Powered by an Electric Motor in Kuwait - 2022
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Kuwait (CIF) - 2022
- Price for Winches and Capstans; Powered by an Electric Motor in Kuwait (FOB) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Kuwait
- Exports of Winches and Capstans; Powered by an Electric Motor in Kuwait
Price for Winches and Capstans; Powered by an Electric Motor in Kuwait (CIF) - 2022
In 2022, the average import price for winches and capstans; powered by an electric motors amounted to $732 per unit, jumping by 21% against the previous year. In general, the import price showed a perceptible increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 178%. As a result, import price attained the peak level of $1,678 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
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 the United States ($10,793 per unit), while the price for India ($237 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Winches and Capstans; Powered by an Electric Motor in Kuwait (FOB) - 2022
In 2022, the average export price for winches and capstans; powered by an electric motors amounted to $7,628 per unit, waning by -51.5% against the previous year. Overall, the export price, however, saw a significant expansion. The pace of growth appeared the most rapid in 2014 when the average export price increased by 4,422% against the previous year. As a result, the export price reached the peak level of $15,941 per unit. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Saudi Arabia ($21,062 per unit), while the average price for exports to the United Arab Emirates ($4,079 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 Norway (+3,659.7%), 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 Kuwait
In 2022, approx. 4.5K units of winches and capstans; powered by an electric motors were imported into Kuwait; increasing by 18% on the previous year. In general, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 211%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of winches and capstans; powered by an electric motors skyrocketed to $3.3M in 2022. Over the period under review, imports enjoyed a remarkable increase. The growth pace was the most rapid in 2021 with an increase of 136% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.
| Import of Winches and Capstans; Powered by an Electric Motor in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,090 | 435 | 1,045 | 1,792 | 18.0% |
| India | 160 | N/A | 216 | 325 | 26.6% |
| China | 158 | 245 | 372 | 317 | 26.1% |
| Taiwan (Chinese) | 24.8 | N/A | 28.5 | 224 | 108.3% |
| Germany | 762 | 43.4 | 6.7 | 214 | -34.5% |
| United Arab Emirates | N/A | 1.4 | 588 | 64.8 | 580.3% |
| Others | 456 | 261 | 71.9 | 389 | -5.2% |
| Total | 2,651 | 986 | 2,328 | 3,325 | 7.8% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Kuwait in 2022:
- Italy (1922.0 units)
- India (1371.0 units)
- Taiwan (Chinese) (591.0 units)
- China (424.0 units)
- Germany (81.0 units)
- United Arab Emirates (64.0 units)
Exports of Winches and Capstans; Powered by an Electric Motor in Kuwait
In 2022, overseas shipments of winches and capstans; powered by an electric motors decreased by 0% to 5 units for the first time since 2019, thus ending a two-year declining trend. In general, exports saw a dramatic curtailment. The smallest decline of -66.7% was in 2020. Over the period under review, the exports of attained the peak figure at 15 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of winches and capstans; powered by an electric motors contracted dramatically to $38K in 2022. Overall, exports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 175%. The exports peaked at $79K in 2021, and then fell sharply in the following year.
| Export of Winches and Capstans; Powered by an Electric Motor in Kuwait (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | 66.1 | 21.1 | -68.1% |
| Qatar | N/A | 8.2 | N/A | 13.0 | 25.9% |
| United Arab Emirates | 7.6 | 5.0 | 12.5 | 4.1 | -18.6% |
| Norway | 18.2 | 62.2 | N/A | N/A | 241.8% |
| Egypt | 1.6 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 27.4 | 75.4 | 78.6 | 38.1 | 11.6% |
Top Export Markets for Winches and Capstans; Powered by an Electric Motor from Kuwait in 2022:
- Qatar (3.0 units)
- United Arab Emirates (1.0 units)
- Saudi Arabia (1.0 units)
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