Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Argentina - 2023

Contents:

1. Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Argentina (CIF) - 2022
2. Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Argentina (FOB) - 2022
3. Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Argentina
4. Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Argentina

Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Argentina (CIF) - 2022

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $592 per unit, declining by -8.1% against the previous year. Over the period under review, the import price showed a deep downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 64% against the previous year. The import price peaked at $1,656 per unit in 2012; however, from 2013 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 France ($2,555 per unit), while the price for South Korea ($59 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+13.9%), while the prices for the other major suppliers experienced a decline.

Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Argentina (FOB) - 2022

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,017 per unit, picking up by 170% against the previous year. In general, the export price, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2019 an increase of 925% against the previous year. Over the period under review, the average export prices hit record highs at $66,766 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Paraguay ($12,459 per unit), while the average price for exports to Uruguay stood at $725 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Paraguay (+2.3%), while the prices for the other major destinations experienced a decline.

Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Argentina

In 2022, approx. 12K units of yachts and other vessels; for pleasure or sports, rowing boats and canoeses were imported into Argentina; jumping by 22% against 2021. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +71.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses rose notably to $7.2M in 2022. The total import value increased at an average annual rate of +14.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 34%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in years to come.

Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to Argentina in 2022:

1. Mexico (4.6K units)
2. United States (4.5K units)
3. China (0.9K units)
4. Japan (0.5K units)
5. Canada (0.3K units)
6. United Kingdom (0.3K units)
7. South Korea (0.3K units)
8. Brazil (0.3K units)

Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Argentina

For the fourth year in a row, Argentina recorded growth in overseas shipments of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which increased by 4.1% to 563 units in 2022. In general, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 137% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses skyrocketed to $573K in 2022. Over the period under review, exports, however, recorded a precipitous curtailment. Over the period under review, the exports of reached the peak figure at $1.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from Argentina in 2022:

1. Uruguay (549.0 units)
2. Paraguay (14.0 units)

Source: IndexBox Market Intelligence Platform