Price for Sailboards for Water Sport in China - 2023
Contents:
- Price for Sailboards for Water Sport in China (FOB) - 2023
- Price for Sailboards for Water Sport in China (CIF) - 2022
- Exports of Sailboards for Water Sport in China
- Imports of Sailboards for Water Sport in China
Price for Sailboards for Water Sport in China (FOB) - 2023
In June 2023, the average sailboards for water sport export price amounted to $15.7 per unit, with a decrease of -2% against the previous month. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 83% month-to-month. Over the period under review, the average export prices reached the maximum at $28.7 per unit in January 2023; however, from February 2023 to June 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In June 2023, the country with the highest price was Malaysia ($18.1 per unit), while the average price for exports to Pakistan ($7.3 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (+5.2%), while the prices for the other major destinations experienced mixed trend patterns.
Price for Sailboards for Water Sport in China (CIF) - 2022
In 2022, the average sailboards for water sport import price amounted to $27 per unit, rising by 80% against the previous year. Over the period under review, the import price, however, showed a precipitous curtailment. The import price peaked at $1,350 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Thailand ($724 per unit), while the price for Hungary ($0.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+86.6%), while the prices for the other major suppliers experienced a decline.
Exports of Sailboards for Water Sport in China
For the fourth year in a row, China recorded growth in overseas shipments of sailboards for water sport, which increased by 152% to 932K units in 2022. Overall, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, sailboards for water sport exports surged to $16M in 2022. Over the period under review, exports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 122%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Sailboards for Water Sport in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 188 | 132 | 448 | 3,073 | 153.8% |
| Malaysia | 4.5 | 47.3 | 609 | 2,159 | 682.9% |
| Singapore | 3.3 | 107 | 212 | 1,912 | 733.7% |
| Germany | 286 | 485 | 1,669 | 1,603 | 77.6% |
| Netherlands | 510 | 776 | 967 | 785 | 15.5% |
| Austria | 1,052 | 436 | 820 | 724 | -11.7% |
| Italy | 847 | 379 | 479 | 587 | -11.5% |
| United States | 333 | 142 | 318 | 299 | -3.5% |
| Pakistan | N/A | N/A | 34.7 | 112 | 222.8% |
| Saudi Arabia | 2.3 | 18.7 | N/A | 92.3 | 242.4% |
| Hong Kong SAR | 1,203 | N/A | N/A | N/A | 0% |
| Others | 1,767 | 2,632 | 5,892 | 4,241 | 33.9% |
| Total | 6,195 | 5,154 | 11,449 | 15,587 | 36.0% |
Top Export Markets for Sailboards for Water Sport from China in 2022:
- Australia (358.0K units)
- Malaysia (208.2K units)
- Singapore (122.1K units)
- Germany (30.2K units)
- Saudi Arabia (20.6K units)
- Pakistan (17.9K units)
- Austria (15.0K units)
- United States (13.8K units)
- Netherlands (13.7K units)
- Italy (9.6K units)
Imports of Sailboards for Water Sport in China
After three years of growth, purchases abroad of sailboards for water sport decreased by -45.2% to 20K units in 2022. Overall, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,657% against the previous year. Imports peaked at 37K units in 2021, and then contracted notably in the following year.
In value terms, sailboards for water sport imports declined slightly to $553K in 2022. Over the period under review, imports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. Over the period under review, imports reached the peak figure at $780K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Sailboards for Water Sport in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 219 | 40.4 | 186 | 334 | 15.1% |
| Thailand | 532 | 248 | 276 | 151 | -34.3% |
| Singapore | N/A | N/A | N/A | 19.9 | 0% |
| Vietnam | N/A | 1.4 | N/A | 18.4 | 262.5% |
| Sri Lanka | N/A | 0.6 | 2.2 | 3.8 | 151.7% |
| Poland | N/A | N/A | N/A | 3.0 | 0% |
| Indonesia | 17.4 | N/A | N/A | N/A | 0% |
| Hungary | N/A | N/A | N/A | N/A | 0% |
| Others | 11.4 | 70.9 | 95.8 | 22.9 | 26.2% |
| Total | 780 | 361 | 560 | 553 | -10.8% |
Top Suppliers of Sailboards for Water Sport to China in 2022:
- France (1.0K units)
- Vietnam (0.8K units)
- Poland (0.7K units)
- Singapore (0.4K units)
- Sri Lanka (0.3K units)
- Thailand (0.2K units)
- Hungary (0.1K units)
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