Peru: Winche And Capstan Market 2025

Winche And Capstan Market Size in Peru

The Peruvian winche and capstan market skyrocketed to $X in 2021, picking up by 91% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a modest increase. Winche and capstan consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Winche And Capstan Exports

Exports from Peru

In 2021, shipments abroad of winches and capstans increased by 53% to X units for the first time since 2018, thus ending a two-year declining trend. In general, exports, however, recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 with an increase of 172%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, winche and capstan exports rose significantly to $X in 2021. Over the period under review, exports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2016 when exports increased by 311% against the previous year. As a result, the exports attained the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Ecuador (X units), the United States (X units) and Nicaragua (X units) were the main destinations of winche and capstan exports from Peru, with a combined 77% share of total exports. These countries were followed by Chile, Colombia and Panama, which together accounted for a further 23%. Moreover, winche and capstan exports in Ecuador exceeded the figures recorded by the second-largest exporter, the United States, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Panama (with a CAGR of +35.1%), while the other leaders experienced more modest paces of growth.

In value terms, Ecuador ($X) emerged as the key foreign market for winches and capstans exports from Peru, comprising 46% of total exports. The second position in the ranking was taken by Nicaragua ($X), with an 18% share of total exports. It was followed by Panama, with a 14% share.

From 2012 to 2021, the average annual growth rate of value to Ecuador amounted to -18.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nicaragua (+47.9% per year) and Panama (-0.4% per year).

Export Prices by Country

The average winche and capstan export price stood at $X per unit in 2021, which is down by -29.5% against the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2020 when the average export price increased by 79%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Panama ($X per unit), while the average price for exports to the United States ($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 Nicaragua (+25.1%), while the prices for the other major destinations experienced mixed trend patterns.

Winche And Capstan Imports

Imports into Peru

Winche and capstan imports into Peru surged to X units in 2021, rising by 84% compared with the previous year's figure. In general, imports posted noticeable growth. The pace of growth appeared the most rapid in 2019 when imports increased by 227%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, winche and capstan imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a slight contraction. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of winche and capstan to Peru, accounting for a 56% share of total imports. Moreover, winche and capstan imports from the United States exceeded the figures recorded by the second-largest supplier, China (X units), threefold. The third position in this ranking was held by Australia (X units), with a 6.3% share.

From 2012 to 2021, the average annual growth rate of volume from the United States was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+30.8% per year) and Australia (+42.2% per year).

In value terms, Australia ($X), China ($X) and the United States ($X) were the largest winche and capstan suppliers to Peru, with a combined 59% share of total imports. These countries were followed by Japan, Italy, Singapore and Taiwan (Chinese), which together accounted for a further 25%.

Japan, with a CAGR of +39.1%, saw 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, rising by 7.8% against the previous year. Overall, the import price, however, saw a perceptible slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 135%. Over the period under review, average import prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Australia ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+9.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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