Colombia - Motor Boats And Motor Yachts, For Pleasure Or Sports - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMotor Boat Price in Colombia - 2022
Contents:
- Motor Boat Price in Colombia (CIF) - 2021
- Motor Boat Price in Colombia (FOB) - 2022
- Motor Boat Imports in Colombia
- Motor Boat Exports in Colombia
Motor Boat Price in Colombia (CIF) - 2021
In December 2021, the average motor boat import price amounted to $445K per unit, leveling off at the previous month. In general, the import price continues to indicate a prominent increase. The growth pace was the most rapid in June 2021 when the average import price increased by 44% month-to-month. As a result, import price reached the peak level of $526K per unit. From July 2021 to December 2021, the average import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for the United States.
From March 2021 to December 2021, the rate of growth in terms of prices for the United States amounted to +16.1% per month.
Motor Boat Price in Colombia (FOB) - 2022
In 2022, the average motor boat export price amounted to $12,910 per unit, approximately mirroring the previous year. Overall, the export price continues to indicate a perceptible contraction. The growth pace was the most rapid in 2016 an increase of 87%. Over the period under review, the average export prices attained the maximum at $21,694 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($19,954 per unit), while the average price for exports to Aruba ($5,269 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 Costa Rica (+14.9%), while the prices for the other major destinations experienced mixed trend patterns.
Motor Boat Imports in Colombia
In 2022, purchases abroad of motor boats and motor yachts, for pleasure or sports decreased by -23.5% to 13 units, falling for the second consecutive year after two years of growth. In general, imports faced a abrupt decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 137%. As a result, imports reached the peak of 45 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, motor boat imports shrank markedly to $307K in 2022. Overall, imports continue to indicate a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 349%. Over the period under review, imports hit record highs at $799K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Motor Boat in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 466 | 32.9 | 395 | 242 | -19.6% |
| United States | 104 | 0.7 | 60.1 | 36.8 | -29.3% |
| Mexico | 15.3 | 1.0 | 12.6 | 8.2 | -18.8% |
| Costa Rica | N/A | 73.4 | N/A | N/A | 0% |
| Others | 214 | 3.6 | 34.3 | 19.9 | -54.7% |
| Total | 799 | 112 | 502 | 307 | -27.3% |
Top Suppliers of Motor Boat to Colombia in 2022:
- United States (6.0 units)
- United Kingdom (2.0 units)
- Mexico (2.0 units)
Motor Boat Exports in Colombia
In 2022, the amount of motor boats and motor yachts, for pleasure or sports exported from Colombia soared to 8 units, jumping by 33% against 2021 figures. In general, exports, however, saw a sharp setback. Over the period under review, the exports hit record highs at 42 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, motor boat exports surged to $106K in 2022. Overall, exports, however, recorded a significant decrease. Over the period under review, the exports hit record highs at $778K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Motor Boat in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 311 | 48.3 | 31.1 | 39.9 | -49.6% |
| Costa Rica | 145 | 28.3 | 23.1 | 37.3 | -36.4% |
| Panama | 186 | 23.2 | 10.9 | 21.2 | -51.5% |
| Aruba | 42.7 | 7.4 | 5.3 | 7.7 | -43.5% |
| Greece | 59.7 | N/A | N/A | N/A | 0% |
| Italy | 34.4 | N/A | N/A | N/A | 0% |
| Others | N/A | 28.5 | 6.1 | N/A | -78.6% |
| Total | 778 | 136 | 76.5 | 106 | -48.5% |
Top Export Markets for Motor Boat from Colombia in 2022:
- Costa Rica (3.0 units)
- United States (2.0 units)
- Panama (2.0 units)
- Aruba (1.0 units)
This report provides an in-depth analysis of the motor boat market in Colombia. 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:
- Colombia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Colombia
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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