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

Contents:

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

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

The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,364 per unit in 2022, with an increase of 45% against the previous year. Overall, the import price, however, saw a slight descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 61% against the previous year. Over the period under review, average import prices hit record highs at $1,572 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($9,378 per unit), while the price for China ($179 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+31.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,595 per unit in 2022, surging by 1.8% against the previous year. In general, the export price, however, showed a pronounced reduction. The growth pace was the most rapid in 2019 an increase of 28% against the previous year. Over the period under review, the average export prices hit record highs at $2,553 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($4,026 per unit), while the average price for exports to Luxembourg ($258 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 the United States (+2.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -5.3% to 132K units in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 130% against the previous year. Imports peaked at 139K units in 2021, and then shrank in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $180M in 2022. Over the period under review, imports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 120% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. China (75.5K units)
2. Netherlands (35.2K units)
3. Mexico (10.8K units)
4. France (3.2K units)
5. Germany (2.0K units)

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

For the fourth year in a row, Belgium recorded growth in shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which increased by 5.1% to 112K units in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 1,593%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $179M in 2022. Overall, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 1,339% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. France (44.8K units)
2. Germany (22.8K units)
3. Spain (7.8K units)
4. Italy (7.4K units)
5. Poland (7.4K units)
6. United Kingdom (7.3K units)
7. Netherlands (3.1K units)

Source: IndexBox Market Intelligence Platform