Price for Winches and Capstans; Powered by an Electric Motor in Libya - 2022
Contents:
- Price for Winches and Capstans; Powered by an Electric Motor in Libya (CIF) - 2022
- Imports of Winches and Capstans; Powered by an Electric Motor in Libya
Price for Winches and Capstans; Powered by an Electric Motor in Libya (CIF) - 2022
The average import price for winches and capstans; powered by an electric motors stood at $723 per unit in 2022, waning by -15.2% against the previous year. Overall, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the average import price increased by 100% against the previous year. The import price peaked at $1,104 per unit in 2018; however, from 2019 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 the UK ($2,047 per unit), while the price for China ($68 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.8%), while the prices for the other major suppliers experienced a decline.
Imports of Winches and Capstans; Powered by an Electric Motor in Libya
In 2022, the amount of winches and capstans; powered by an electric motors imported into Libya expanded markedly to 394 units, with an increase of 5.9% on the previous year's figure. Overall, imports, however, continue to indicate a deep setback. The pace of growth was the most pronounced in 2021 when imports increased by 7.2%. Over the period under review, imports of hit record highs at 541 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of winches and capstans; powered by an electric motors fell to $285K in 2022. In general, imports, however, continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, imports of attained the peak figure at $429K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Winches and Capstans; Powered by an Electric Motor in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 236 | 159 | 220 | 201 | -5.2% |
| Tunisia | 54.3 | 30.3 | 34.5 | 26.1 | -21.7% |
| United Arab Emirates | 0.6 | 0.3 | 17.9 | 13.7 | 183.7% |
| China | 54.8 | 22.5 | 6.3 | 8.5 | -46.3% |
| Netherlands | 5.7 | 4.6 | 10.8 | 8.3 | 13.3% |
| Germany | 25.6 | 7.5 | 0.8 | 6.6 | -36.4% |
| Turkey | 6.9 | 3.7 | 7.2 | 4.7 | -12.0% |
| Others | 45.4 | 24.7 | 20.2 | 16.4 | -28.8% |
| Total | 429 | 253 | 317 | 285 | -12.7% |
Top Suppliers of Winches and Capstans; Powered by an Electric Motor to Libya in 2022:
- China (126.0 units)
- United Kingdom (98.0 units)
- Netherlands (49.0 units)
- Tunisia (38.0 units)
- United Arab Emirates (34.0 units)
- Germany (21.0 units)
- Turkey (11.0 units)
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