China - Motor Boats And Motor Yachts, For Pleasure Or Sports - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

China - Motor Boats And Motor Yachts, For Pleasure Or Sports - Market Analysis, Forecast, Size, Trends And Insights

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Motor Boat Price in China - 2021

Contents:

  1. Motor Boat Price in China (FOB) - 2022
  2. Motor Boat Price in China (CIF) - 2021
  3. Motor Boat Exports in China
  4. Motor Boat Imports in China

Motor Boat Price in China (FOB) - 2022

In 2022, the average motor boat export price amounted to $261,821 per unit, with an increase of 127% against the previous year. In general, the export price enjoyed a mild increase. Over the period under review, the average export prices reached the peak figure at $288,693 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($1,394,348 per unit), while the average price for exports to South Korea ($10,354 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Maldives (+25.1%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Price in China (CIF) - 2021

In December 2021, the average motor boat import price amounted to $85,458 per unit, rising by 73% against the previous month. Over the period under review, the import price posted a resilient increase. The pace of growth appeared the most rapid in April 2021 an increase of 2,230% against the previous month. As a result, import price reached the peak level of $308K per unit. From May 2021 to December 2021, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was France ($296K per unit), while the price for Mexico ($13,843 per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by the United States (+16.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Motor Boat Exports in China

In 2022, exports of motor boats and motor yachts, for pleasure or sports from China contracted dramatically to 222 units, waning by -64.1% compared with the year before. In general, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 111%. As a result, the exports reached the peak of 619 units, and then shrank dramatically in the following year.

In value terms, motor boat exports dropped rapidly to $58M in 2022. Over the period under review, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +6.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +28.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 58%. As a result, the exports reached the peak of $71M, and then fell dramatically in the following year.

Export of Motor Boat in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR13.613.531.426.625.1%
United States21.023.223.119.6-2.3%
United Kingdom1.72.06.95.850.5%
Australia2.13.24.94.226.0%
Netherlands1.10.70.10.6-18.3%
France1.30.2N/A0.4-32.5%
Malaysia0.70.7N/A0.4-17.0%
South Korea1.3N/A0.10.4-32.5%
New Zealand0.6N/AN/A0.2-30.7%
Maldives4.31.0N/AN/A-76.7%
TurkeyN/AN/A1.7N/A0%
Others1.20.62.90.1-56.3%
Total48.845.171.358.26.0%

Top Export Markets for Motor Boat from China in 2022:

  1. United Kingdom (66.0 units)
  2. South Korea (38.0 units)
  3. France (35.0 units)
  4. United States (27.0 units)
  5. Hong Kong SAR (19.0 units)
  6. Australia (15.0 units)
  7. Malaysia (7.0 units)
  8. Netherlands (5.0 units)
  9. New Zealand (5.0 units)

Motor Boat Imports in China

In 2022, approx. 2K units of motor boats and motor yachts, for pleasure or sports were imported into China; waning by -10.3% against 2021 figures. Overall, imports showed a pronounced descent. The pace of growth appeared the most rapid in 2021 when imports increased by 30% against the previous year. Imports peaked at 2.3K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, motor boat imports rose remarkably to $47M in 2022. Over the period under review, imports showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 41%. Imports peaked at $54M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Motor Boat in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5.95.514.515.939.2%
Mexico17.410.811.812.9-9.5%
Australia0.92.22.93.151.0%
Japan0.10.10.30.344.2%
Others29.411.913.514.3-21.4%
Total53.730.542.946.6-4.6%

Top Suppliers of Motor Boat to China in 2022:

  1. Mexico (1427.0 units)
  2. United States (444.0 units)
  3. Japan (72.0 units)
  4. Australia (32.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motor boat market in China. 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 30121930 - Motor boats and motor yachts, for pleasure or sports (excluding outboard motor boats)

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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