Report Update: May 1, 2024

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

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Motor Boat Price in the United Arab Emirates - 2021

Motor Boat Price in the United Arab Emirates (FOB) - 2022

In 2022, the average motor boat export price amounted to $118,861 per unit, dropping by -54.6% against the previous year. Over the period under review, the export price, however, recorded a temperate increase. The growth pace was the most rapid in 2021 an increase of 308%. As a result, the export price attained the peak level of $262,027 per unit, and then contracted notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Greece ($723,240 per unit), while the average price for exports to Egypt ($18,510 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 Malaysia (+16.7%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Price in the United Arab Emirates (CIF) - 2022

In 2022, the average motor boat import price amounted to $22,445 per unit, dropping by -7.3% against the previous year. In general, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2014 an increase of 84%. Over the period under review, average import prices hit record highs at $187,860 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

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 Italy ($129,093 per unit), while the price for the Netherlands ($3,301 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-10.1%), while the prices for the other major suppliers experienced a decline.

Motor Boat Exports in the United Arab Emirates

In 2022, after two years of decline, there was significant growth in overseas shipments of motor boats and motor yachts, for pleasure or sports, when their volume increased by 77% to 69 units. In general, exports, however, continue to indicate a noticeable setback. Over the period under review, the exports attained the maximum at 80 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, motor boat exports dropped markedly to $8.2M in 2022. Overall, exports saw a resilient expansion. The growth pace was the most rapid in 2021 with an increase of 254% against the previous year. As a result, the exports reached the peak of $10M, and then declined dramatically in the following year.

Export of Motor Boat in the United Arab Emirates (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Kuwait	536	213	1,033	2,640	70.1%
Greece	335	13.7	609	1,557	66.9%
Oman	359	808	581	1,467	59.9%
Saudi Arabia	198	191	401	1,025	73.0%
Seychelles	527	47.7	177	631	6.2%
United Kingdom	436	8.4	59.8	423	-1.0%
Egypt	12.1	118	30.3	135	123.5%
Nigeria	562	43.4	N/A	N/A	-92.3%
Mozambique	78.1	N/A	N/A	N/A	0%
Malta	N/A	942	N/A	N/A	0%
Philippines	14.5	N/A	N/A	N/A	0%
Italy	541	N/A	N/A	N/A	0%
Pakistan	79.2	N/A	73.2	N/A	-3.9%
Others	2,562	480	7,161	294	-51.4%
Total	6,241	2,864	10,125	8,172	9.4%

Top Export Markets for Motor Boat from the United Arab Emirates in 2022:

Kuwait (24.0 units)
Saudi Arabia (19.0 units)
Egypt (7.0 units)
Seychelles (5.0 units)
United Kingdom (5.0 units)
Oman (4.0 units)
Greece (2.0 units)

Motor Boat Imports in the United Arab Emirates

In 2022, after three years of growth, there was significant decline in supplies from abroad of motor boats and motor yachts, for pleasure or sports, when their volume decreased by -29.8% to 4.2K units. In general, imports, however, saw significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 430% against the previous year. As a result, imports reached the peak of 6K units, and then plummeted in the following year.

In value terms, motor boat imports reduced markedly to $95M in 2022. Over the period under review, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 233%. As a result, imports reached the peak of $146M, and then declined markedly in the following year.

Import of Motor Boat in the United Arab Emirates (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Italy	17.8	12.3	44.1	54.2	44.9%
United Kingdom	11.3	21.8	16.8	20.6	22.2%
Netherlands	0.1	N/A	7.4	9.1	349.8%
France	2.0	1.2	4.1	5.1	36.6%
United States	2.0	0.7	1.6	2.0	0.0%
Oman	N/A	N/A	1.3	1.7	30.8%
Australia	2.6	N/A	N/A	1.1	-24.9%
Bahrain	0.2	0.1	0.1	0.2	0.0%
Belgium	N/A	0.4	0.2	N/A	-50.0%
Sweden	N/A	N/A	1.6	N/A	0%
Others	1.9	7.4	68.8	1.0	-19.3%
Total	38.0	43.8	146	95.0	35.7%

Top Suppliers of Motor Boat to the United Arab Emirates in 2022:

Netherlands (2754.0 units)
Italy (420.0 units)
United Kingdom (242.0 units)
Oman (201.0 units)
Australia (200.0 units)
United States (191.0 units)
France (109.0 units)
Bahrain (34.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the motor boat market in the United Arab Emirates. 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:

United Arab Emirates

Data coverage:

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