Report Update Nov 1, 2024

Puerto Rico - Winches and Capstans - Market Analysis, Forecast, Size, Trends and Insights

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Puerto Rico: Winche And Capstan Market 2024

Winche And Capstan Market Size in Puerto Rico

The Puerto Rican winche and capstan market reduced modestly to $X in 2021, remaining stable against the previous year. In general, the total consumption indicated a modest expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by +0.5% against 2019 indices. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market failed to regain momentum.

Winche And Capstan Production in Puerto Rico

In value terms, winche and capstan production shrank to $X in 2021 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 57% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Winche And Capstan Exports

Exports by Country

China prevails in exports structure, recording X units, which was near 52% of total exports in 2021. Mexico (X units) held a 9.3% share (based on physical terms) of total exports, which put it in second place, followed by India (5.5%). Hungary (X units), Taiwan (Chinese) (X units), the Netherlands (X units), Germany (X units), Italy (X units), Japan (X units) and the United States (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +1.7% from 2012 to 2021. At the same time, India (+55.3%), Hungary (+49.8%), the Netherlands (+25.0%), Taiwan (Chinese) (+20.3%), Italy (+7.3%) and Germany (+2.5%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in the world, with a CAGR of +55.3% from 2012-2021. By contrast, Japan (-7.4%), Mexico (-7.5%) and the United States (-9.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of India, Hungary, Taiwan (Chinese) and the Netherlands increased by +5.4, +3.8, +3 and +2.9 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest winche and capstan supplier from Puerto Rico, comprising 29% of global exports. The second position in the ranking was taken by Italy ($X), with an 8.7% share of global exports. It was followed by Germany, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in China amounted to +2.9%. In the other countries, the average annual rates were as follows: Italy (+1.0% per year) and Germany (-0.1% per year).

Winche And Capstan Imports

Imports by Country

The United States prevails in imports structure, accounting for X units, which was approx. 61% of total imports in 2021. The following importers - Canada (X units), Mexico (X units), Germany (X units), the Netherlands (X units), Russia (X units), Japan (X units), South Korea (X units), Indonesia (X units) and Poland (X units) - together made up 21% of total imports.

From 2012 to 2021, average annual rates of growth with regard to winche and capstan imports into the United States stood at +9.1%. At the same time, Mexico (+13.1%), the Netherlands (+7.4%), Germany (+6.3%) and Russia (+4.1%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing importer imported in the world, with a CAGR of +13.1% from 2012-2021. Poland experienced a relatively flat trend pattern. By contrast, Canada (-5.0%), Japan (-7.3%), Indonesia (-9.7%) and South Korea (-10.8%) illustrated a downward trend over the same period. While the share of the United States (+19 p.p.) and Mexico (+2 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of Indonesia (-2.8 p.p.), Japan (-3.1 p.p.), South Korea (-3.6 p.p.) and Canada (-5.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($X) constitutes the largest market for imported winches and capstans into Puerto Rico, comprising 17% of global imports. The second position in the ranking was taken by Russia ($X), with a 5.2% share of global imports. It was followed by Germany, with a 4.8% share.

In the United States, winche and capstan imports increased at an average annual rate of +2.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Russia (+2.1% per year) and Germany (+6.7% per year).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for winches and capstans in the world?

The country with the largest volume of winche and capstan consumption was the United States, accounting for 62% of total volume. Moreover, winche and capstan consumption in the United States exceeded the figures recorded by the second-largest consumer, China, sevenfold. India ranked third in terms of total consumption with a 3.3% share.

What are the largest producers of winches and capstans in the world?

The countries with the highest volumes of winche and capstan production in 2020 were the United States, China and India, with a combined 80% share of global production. These countries were followed by Japan, South Korea and Germany, which together accounted for a further 5.9%.

What are the leading suppliers of winches and capstans to Puerto Rico?

In value terms, the largest winche and capstan importing markets into Puerto Rico were the United States, China and Germany, with a combined 32% share of total imports. These countries were followed by Russia, Canada, South Korea, Japan, the Netherlands, the UK and Nigeria, which together accounted for a further 20%.

What are the leading importers of winches and capstans from Puerto Rico?

In value terms, China remains the largest winche and capstan supplier from Puerto Rico, comprising 27% of global exports. The second position in the ranking was occupied by Germany, with a 9.1% share of global exports. It was followed by the United States, with an 8.4% share.

What is the average export price for winches and capstans in Puerto Rico?

In 2020, the winche and capstan export price in Puerto Rico amounted to $less than 0.1 per thousand units, almost unchanged from the previous year.

What is the average import price for winches and capstans in Puerto Rico?

In 2020, the winche and capstan import price in Puerto Rico amounted to $less than 0.1 per thousand units, therefore, remained relatively stable against the previous year.

This report provides an in-depth analysis of the winche and capstan market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28221200 - Winches and capstans (excluding those for raising vehicles)

Country coverage:

Puerto Rico

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Puerto Rico
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023