Report Update: May 1, 2024

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

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Motor Boat Price in Japan - 2021

Motor Boat Price in Japan (CIF) - 2021

The average motor boat import price stood at $767K per unit in December 2021, rising by 16% against the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +2.9%. The most prominent rate of growth was recorded in January 2021 when the average import price increased by 48% m-o-m. As a result, import price reached the peak level of $801K per unit; afterwards, it flattened through to December 2021.

There were significant differences in the average prices amongst the major supplying countries. In December 2021, the country with the highest price was Italy ($879K per unit), while the price for Poland ($292K 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 (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Motor Boat Price in Japan (FOB) - 2021

The average motor boat export price stood at $49,610 per unit in December 2021, surging by 13% against the previous month. Over the period under review, the export price posted pronounced growth. The growth pace was the most rapid in March 2021 when the average export price increased by 148% m-o-m. Over the period under review, the average export prices attained the peak figure at $103K per unit in July 2021; however, from August 2021 to December 2021, the export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Hong Kong SAR ($76,505 per unit), while the average price for exports to Vietnam ($19,238 per unit) was amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Imports in Japan

In 2022, supplies from abroad of motor boats and motor yachts, for pleasure or sports was finally on the rise to reach 405 units after two years of decline. Over the period under review, imports, however, continue to indicate a deep setback. Over the period under review, imports hit record highs at 565 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, motor boat imports surged to $91M in 2022. Overall, imports, however, showed a pronounced slump. Over the period under review, imports hit record highs at $113M in 2020; however, from 2021 to 2022, imports failed to regain momentum.

Import of Motor Boat in Japan (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	44.2	44.2	22.1	39.4	-3.8%
Italy	19.1	40.8	12.8	25.6	10.3%
United Kingdom	10.0	9.6	3.0	7.8	-7.9%
France	5.8	3.2	2.1	4.0	-11.6%
Taiwan (Chinese)	4.6	3.1	1.7	3.3	-10.5%
Finland	1.1	1.4	0.5	1.0	-3.1%
Thailand	N/A	N/A	0.5	0.7	40.0%
Turkey	1.5	0.1	0.2	0.6	-26.3%
Germany	0.9	0.7	0.2	0.6	-12.6%
Slovenia	0.6	0.7	0.1	0.5	-5.9%
Spain	0.8	0.5	0.1	0.5	-14.5%
Netherlands	0.4	N/A	0.3	0.4	0.0%
New Zealand	0.2	0.2	0.2	0.3	14.5%
Others	8.4	8.0	26.4	6.6	-7.7%
Total	97.6	113	70.1	91.4	-2.2%

Top Suppliers of Motor Boat to Japan in 2022:

Italy (121.0 units)
United Kingdom (74.0 units)
United States (56.0 units)
Taiwan (Chinese) (35.0 units)
Spain (18.0 units)
Netherlands (16.0 units)
Finland (13.0 units)
Germany (9.0 units)
Turkey (7.0 units)
Slovenia (7.0 units)
Thailand (7.0 units)
France (5.0 units)
New Zealand (5.0 units)

Motor Boat Exports in Japan

In 2022, approx. 1.8K units of motor boats and motor yachts, for pleasure or sports were exported from Japan; with a decrease of -23.3% on 2021. Overall, exports, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 213% against the previous year. As a result, the exports reached the peak of 2.4K units, and then shrank markedly in the following year.

In value terms, motor boat exports declined rapidly to $7.2M in 2022. Over the period under review, exports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 190%. As a result, the exports reached the peak of $11M, and then declined dramatically in the following year.

Export of Motor Boat in Japan (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Russia	721	716	1,975	1,644	31.6%
Germany	169	70.1	810	674	58.6%
South Korea	529	343	609	567	2.3%
Thailand	224	250	526	437	25.0%
Hong Kong SAR	156	76.9	433	360	32.1%
Spain	34.4	13.4	293	244	92.1%
Italy	147	62.2	264	220	14.4%
Kenya	82.8	1.2	262	218	38.1%
Canada	444	279	235	195	-24.0%
New Zealand	86.4	147	154	152	20.7%
Panama	73.3	75.8	152	143	25.0%
Vietnam	53.3	24.1	161	134	36.0%
United Arab Emirates	3.5	2.0	155	129	232.8%
Others	2,110	1,614	4,646	2,056	-0.9%
Total	4,834	3,674	10,673	7,174	14.1%

Top Export Markets for Motor Boat from Japan in 2022:

Russia (287.0 units)
Germany (217.0 units)
Kenya (216.0 units)
South Korea (143.0 units)
Thailand (91.0 units)
Spain (75.0 units)
Italy (72.0 units)
Canada (57.0 units)
Hong Kong SAR (53.0 units)
New Zealand (45.0 units)
Panama (37.0 units)
Vietnam (35.0 units)
United Arab Emirates (33.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motor boat market in Japan. 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:

Japan

Data coverage:

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

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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