Ghana - 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 Ghana - 2022
Contents:
- Motor Boat Price in Ghana (CIF) - 2022
- Motor Boat Price in Ghana (FOB) - 2022
- Motor Boat Imports in Ghana
- Motor Boat Exports in Ghana
Motor Boat Price in Ghana (CIF) - 2022
In 2022, the average motor boat import price amounted to $78,055 per unit, increasing by 411% against the previous year. In general, the import price enjoyed prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($95,792 per unit), while the price for Spain ($820 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Motor Boat Price in Ghana (FOB) - 2022
The average motor boat export price stood at $2,297 per unit in 2020, rising by 34% against the previous year. In general, the export price showed a prominent increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 667%. The export price peaked at $4,376 per unit in 2015; however, from 2016 to 2020, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Togo.
From 2012 to 2020, the rate of growth in terms of prices for Togo amounted to +280.2% per year.
Motor Boat Imports in Ghana
Motor boat imports into Ghana skyrocketed to 15 units in 2022, increasing by 88% on the previous year's figure. Over the period under review, imports, however, continue to indicate a dramatic downturn. Imports peaked at 36 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, motor boat imports skyrocketed to $1.2M in 2022. In general, imports saw a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Motor Boat in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 663 | 1.4 | 100 | 974 | 13.7% |
| Netherlands | 25.8 | 34.2 | 8.3 | 95.8 | 54.9% |
| Germany | 18.2 | 24.1 | 5.8 | 67.5 | 54.8% |
| United States | 1.9 | 14.8 | 0.1 | 11.4 | 81.7% |
| Japan | 1.4 | 1.8 | 0.4 | 5.1 | 53.9% |
| South Africa | 1.2 | 2.5 | 0.5 | 4.8 | 58.7% |
| Canada | 2.1 | 2.3 | 0.5 | 4.7 | 30.8% |
| China | 1.6 | 1.6 | 0.3 | 2.7 | 19.1% |
| Italy | 1.1 | 1.2 | 0.2 | 2.0 | 22.1% |
| Belgium | 0.3 | 0.5 | 0.1 | 1.2 | 58.7% |
| France | 0.8 | 0.7 | 0.1 | 0.9 | 4.0% |
| Spain | 0.7 | 0.6 | 0.1 | 0.8 | 4.6% |
| Others | -110.0 | -0.6 | 5.3 | -0.3 | -86.0% |
| Total | 608 | 85.3 | 122 | 1,171 | 24.4% |
Top Suppliers of Motor Boat to Ghana in 2022:
- United Kingdom (71.0 units)
- Canada (1.0 units)
- United States (1.0 units)
- Netherlands (1.0 units)
- Italy (1.0 units)
- South Africa (1.0 units)
- France (1.0 units)
- China (1.0 units)
- Japan (1.0 units)
- Belgium (1.0 units)
- Germany (1.0 units)
- Spain (1.0 units)
Motor Boat Exports in Ghana
In 2022, overseas shipments of motor boats and motor yachts, for pleasure or sports decreased by 0% to 2 units, falling for the second consecutive year after two years of growth. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 400% against the previous year. As a result, the exports attained the peak of 10 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, motor boat exports surged to $32K in 2022. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 570%. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Motor Boat in Ghana (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | CAGR, 2019-2020 | ||
| Togo | N/A | 23.0 | 0% | ||
| Niger | 1.0 | N/A | 0% | ||
| New Zealand | 2.5 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 3.4 | 23.0 | 576.5% | ||
Top Export Markets for Motor Boat from Ghana in 2022:
- Togo (2.0 units)
This report provides an in-depth analysis of the motor boat market in Ghana. 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:
- Ghana
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Ghana
- 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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