Finland - 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 Finland - 2021
Contents:
- Motor Boat Price in Finland (FOB) - 2021
- Motor Boat Price in Finland (CIF) - 2021
- Motor Boat Exports in Finland
- Motor Boat Imports in Finland
Motor Boat Price in Finland (FOB) - 2021
In November 2021, the average motor boat export price amounted to $567K per unit, approximately reflecting the previous month. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in September 2021 an increase of 44% m-o-m. As a result, the export price attained the peak level of $624K per unit; afterwards, it flattened through to November 2021.
Prices varied noticeably by the country of destination: the country with the highest price was Montenegro ($1.0M per unit), while the average price for exports to Russia ($101K per unit) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+12.2%), while the prices for the other major destinations experienced more modest paces of growth.
Motor Boat Price in Finland (CIF) - 2021
The average motor boat import price stood at $452K per unit in November 2021, growing by 4.1% against the previous month. Over the period under review, import price indicated a prominent expansion from November 2020 to November 2021: its price increased at an average monthly rate of +6.9% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2021 figures, motor boat import price increased by +27.0% against September 2021 indices. The growth pace was the most rapid in January 2021 when the average import price increased by 55% month-to-month. Over the period under review, average import prices hit record highs at $475K per unit in May 2021; afterwards, it flattened through to November 2021.
Prices varied noticeably by the country of origin: the country with the highest price was Lithuania ($584K per unit), while the price for Spain ($361K per unit) was amongst the lowest.
From November 2020 to November 2021, the most notable rate of growth in terms of prices was attained by Sweden (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Boat Exports in Finland
In 2022, shipments abroad of motor boats and motor yachts, for pleasure or sports decreased by -1% to 5.1K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 74% against the previous year. The exports peaked at 5.1K units in 2021, and then dropped modestly in the following year.
In value terms, motor boat exports fell to $162M in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% 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 +52.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. Over the period under review, the exports reached the peak figure at $179M in 2021, and then fell in the following year.
| Export of Motor Boat in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 34.7 | 50.2 | 68.1 | 61.4 | 21.0% |
| Norway | 21.6 | 25.2 | 36.6 | 33.0 | 15.2% |
| Russia | 7.4 | 11.2 | 16.7 | 15.0 | 26.6% |
| Belgium | 1.0 | 1.3 | 0.5 | 0.9 | -3.5% |
| Others | 41.7 | 58.1 | 57.0 | 52.1 | 7.7% |
| Total | 106 | 146 | 179 | 162 | 15.2% |
Top Export Markets for Motor Boat from Finland in 2022:
- Sweden (2.7K units)
- Norway (1.1K units)
- Russia (1.0K units)
- Belgium (0.1K units)
Motor Boat Imports in Finland
In 2022, after three years of growth, there was significant decline in overseas purchases of motor boats and motor yachts, for pleasure or sports, when their volume decreased by -19.5% to 4.9K units. Overall, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 when imports increased by 247%. Imports peaked at 6.1K units in 2021, and then contracted notably in the following year.
In value terms, motor boat imports shrank dramatically to $56M in 2022. In general, imports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 255% against the previous year. Over the period under review, imports hit record highs at $67M in 2021, and then dropped significantly in the following year.
| Import of Motor Boat in Finland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 10.3 | 30.7 | 56.4 | 46.7 | 65.5% |
| Others | 2.6 | 15.4 | 10.5 | 9.8 | 55.6% |
| Total | 13.0 | 46.1 | 66.9 | 56.5 | 63.2% |
Top Suppliers of Motor Boat to Finland in 2022:
- Mexico (4.7K units)
This report provides an in-depth analysis of the motor boat market in Finland. 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:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- 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
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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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