Spain: Winche And Capstan Market 2025

Winche And Capstan Market Size in Spain

The Spanish winche and capstan market reached $X in 2021, picking up by 2.4% against the previous year. In general, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +5.4% against 2017 indices. Winche and capstan consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Winche And Capstan Production in Spain

In value terms, winche and capstan production skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2015 with an increase of 41%. Winche and capstan production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Winche And Capstan Exports

Exports from Spain

Winche and capstan exports from Spain soared to X units in 2021, rising by 23% against 2020 figures. In general, exports, however, showed a mild setback. The pace of growth appeared the most rapid in 2019 with an increase of 66%. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, winche and capstan exports dropped slightly to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when exports increased by 64%. Over the period under review, the exports hit record highs at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X units), Turkey (X units) and France (X units) were the main destinations of winche and capstan exports from Spain, together accounting for 39% of total exports. These countries were followed by Brazil, Portugal, Morocco, Chile, the UK, Germany, Cyprus, Paraguay, Vietnam and Denmark, which together accounted for a further 46%.

From 2012 to 2021, the biggest increases were recorded for Cyprus (with a CAGR of +184.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Turkey ($X) and Denmark ($X) appeared to be the largest markets for winche and capstan exported from Spain worldwide, with a combined 49% share of total exports. France, Morocco, Germany, the UK, Chile, Brazil, Portugal, Vietnam, Cyprus and Paraguay lagged somewhat behind, together comprising a further 32%.

In terms of the main countries of destination, Cyprus, with a CAGR of +194.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average winche and capstan export price stood at $X per unit in 2021, falling by -21.3% against the previous year. Over the period under review, export price indicated pronounced growth from 2012 to 2021: its price increased at an average annual rate of +2.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, winche and capstan export price increased by +1.8% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 67% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Denmark ($X per unit), while the average price for exports to Paraguay ($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 Turkey (+7.1%), while the prices for the other major destinations experienced more modest paces of growth.

Winche And Capstan Imports

Imports into Spain

After two years of decline, overseas purchases of winches and capstans increased by 26% to X units in 2021. Over the period under review, total imports indicated a slight increase from 2012 to 2021: its volume increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, winche and capstan imports surged to $X in 2021. In general, total imports indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest winche and capstan supplier to Spain, accounting for a 37% share of total imports. Moreover, winche and capstan imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Italy (X units) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-0.5% per year) and Italy (+3.6% per year).

In value terms, Germany ($X), China ($X) and Italy ($X) were the largest winche and capstan suppliers to Spain, with a combined 59% share of total imports. These countries were followed by Norway, Switzerland, the United States, the UK, France, Portugal, Taiwan (Chinese), Sweden, Panama and Chile, which together accounted for a further 35%.

Panama, with a CAGR of +617.5%, recorded the highest rates of growth with regard to the value of imports, among 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, picking up by 55% against the previous year. Over the period under review, import price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, winche and capstan import price increased by +73.2% against 2019 indices. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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