Chile: Winche And Capstan Market 2025

Winche And Capstan Market Size in Chile

In 2021, the Chilean winche and capstan market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, the total consumption indicated a pronounced expansion from 2012 to 2021: its value increased at an average annual rate of +4.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Winche And Capstan Production in Chile

In value terms, winche and capstan production contracted to $X in 2021 estimated in export price. Over the period under review, the total production indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of +4.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +38.3% against 2017 indices. The most prominent rate of growth was recorded in 2015 with an increase of 55% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Winche And Capstan Exports

Exports from Chile

In 2021, exports of winches and capstans from Chile dropped sharply to X units, which is down by -51.6% on 2020 figures. In general, exports, however, showed a resilient increase. The pace of growth appeared the most rapid in 2020 with an increase of 238% against the previous year. As a result, the exports reached the peak of X units, and then declined dramatically in the following year.

In value terms, winche and capstan exports declined to $X in 2021. Over the period under review, exports showed a noticeable contraction. The pace of growth was the most pronounced in 2020 with an increase of 80%. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Peru (X units) was the main destination for winche and capstan exports from Chile, with a 51% share of total exports. Moreover, winche and capstan exports to Peru exceeded the volume sent to the second major destination, Paraguay (X units), threefold. Spain (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Peru totaled +32.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+45.3% per year) and Spain (+10.3% per year).

In value terms, Peru ($X) emerged as the key foreign market for winches and capstans exports from Chile, comprising 66% of total exports. The second position in the ranking was held by Germany ($X), with a 7.2% share of total exports. It was followed by Brazil, with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Peru stood at +11.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+31.7% per year) and Brazil (+79.4% per year).

Export Prices by Country

In 2021, the average winche and capstan export price amounted to $X per unit, increasing by 81% against the previous year. Overall, the export price, however, showed a abrupt setback. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Germany ($X per unit), while the average price for exports to Bolivia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Ghana (+37.3%), while the prices for the other major destinations experienced a decline.

Winche And Capstan Imports

Imports into Chile

Winche and capstan imports into Chile skyrocketed to X units in 2021, picking up by 51% compared with 2020 figures. Overall, total imports indicated a resilient increase from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -8.8% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 88%. Over the period under review, imports attained the peak figure at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, winche and capstan imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when imports increased by 99% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of winche and capstan to Chile, with a 71% share of total imports. Moreover, winche and capstan imports from China exceeded the figures recorded by the second-largest supplier, the United States (X units), more than tenfold. Brazil (X units) ranked third in terms of total imports with a 2.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-1.9% per year) and Brazil (+108.9% per year).

In value terms, the largest winche and capstan suppliers to Chile were China ($X), the United States ($X) and New Zealand ($X), with a combined 44% share of total imports.

New Zealand, with a CAGR of +106.6%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average winche and capstan import price stood at $X per unit in 2021, shrinking by -4.5% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when the average import price increased by 72%. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Finland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+17.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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