Report Update: Apr 1, 2024

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

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Motor Boat Price in South Africa - 2021

Motor Boat Price in South Africa (FOB) - 2021

In December 2021, the average motor boat export price amounted to $469K per unit, approximately mirroring the previous month. Over the period from December 2020 to December 2021, it increased at an average monthly rate of +1.3%. The pace of growth was the most pronounced in January 2021 an increase of 17% m-o-m. Over the period under review, the average export prices reached the peak figure in December 2021.

Average prices varied noticeably for the major overseas markets. In December 2021, the highest price was recorded for prices to Botswana ($475K per unit) and Mozambique ($472K per unit), while the average price for exports to the United States ($468K per unit) and Belgium ($469K per unit) were amongst the lowest.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was recorded for supplies to Botswana (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Price in South Africa (CIF) - 2022

The average motor boat import price stood at $114,098 per unit in 2022, with a decrease of -31.2% against the previous year. Overall, the import price, however, showed resilient growth. The most prominent rate of growth was recorded in 2015 an increase of 329% against the previous year. Over the period under review, average import prices hit record highs at $229,333 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

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 UK ($117,646 per unit), while the price for Australia amounted to $4,478 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Motor Boat Exports in South Africa

After three years of growth, overseas shipments of motor boats and motor yachts, for pleasure or sports decreased by -20.5% to 507 units in 2022. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 134%. The exports peaked at 638 units in 2021, and then dropped remarkably in the following year.

In value terms, motor boat exports soared to $38M in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The exports peaked at $44M in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

Export of Motor Boat in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	7.5	9.2	14.8	16.9	31.1%
British Virgin Islands	5.5	12.5	7.3	9.5	20.0%
France	4.6	2.3	5.8	6.6	12.8%
Seychelles	2.4	0.9	1.4	1.8	-9.1%
Singapore	1.1	1.2	N/A	0.9	-6.5%
Italy	N/A	14.0	N/A	N/A	0%
Others	16.1	3.8	2.7	2.3	-47.7%
Total	37.1	43.9	32.0	37.9	0.7%

Top Export Markets for Motor Boat from South Africa in 2022:

United States (224.0 units)
British Virgin Islands (126.0 units)
France (88.0 units)
Seychelles (48.0 units)
Singapore (12.0 units)

Motor Boat Imports in South Africa

In 2022, the amount of motor boats and motor yachts, for pleasure or sports imported into South Africa skyrocketed to 53 units, growing by 26% compared with 2021 figures. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -5.4% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 100%. As a result, imports reached the peak of 56 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, motor boat imports shrank to $6.1M in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 87% against the previous year. Over the period under review, imports reached the peak figure at $6.9M in 2021, and then shrank in the following year.

Import of Motor Boat in South Africa (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United Kingdom	2.3	4.9	6.4	6.1	38.4%
Spain	0.1	N/A	N/A	N/A	0%
Malawi	N/A	N/A	N/A	N/A	0%
Belgium	N/A	N/A	N/A	N/A	0%
Netherlands	N/A	0.4	N/A	N/A	0%
Australia	N/A	N/A	N/A	N/A	0%
United States	0.3	N/A	0.5	N/A	29.1%
Others	0.1	N/A	N/A	N/A	0%
Total	2.8	5.3	6.9	6.1	29.6%

Top Suppliers of Motor Boat to South Africa in 2022:

United Kingdom (52.0 units)
Australia (2.0 units)

Source: IndexBox Market Intelligence Platform

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

South Africa

Data coverage:

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