Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Cameroon - 2022

Contents:

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

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

The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $6,572 per unit in 2022, declining by -19.1% against the previous year. In general, the import price, however, saw a strong increase. The pace of growth appeared the most rapid in 2013 when the average import price increased by 207% against the previous year. As a result, import price reached the peak level of $9,779 per unit. From 2014 to 2022, the average import prices remained 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 the Netherlands ($14,934 per unit), while the price for Belgium ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+43.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,183 per unit in 2022, waning by -4.2% against the previous year. Over the period under review, the export price faced a abrupt decline. The growth pace was the most rapid in 2019 an increase of 259%. The export price peaked at $7,721 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 Congo ($2,550 per unit), while the average price for exports to Equatorial Guinea ($95 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 Tanzania (+121.2%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, overseas purchases of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -74.8% to 30 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports saw a pronounced slump. The pace of growth was the most pronounced in 2021 with an increase of 213%. As a result, imports reached the peak of 119 units, and then fell sharply in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses reduced markedly to $197K in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 with an increase of 388%. As a result, imports attained the peak of $967K, and then declined rapidly in the following year.

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

1. United Kingdom (5.0 units)
2. Cote d'Ivoire (4.0 units)
3. Italy (2.0 units)
4. Canada (1.0 units)
5. Netherlands (1.0 units)
6. Uruguay (1.0 units)
7. Greece (1.0 units)
8. France (1.0 units)
9. China (1.0 units)
10. Belgium (1.0 units)
11. Gabon (1.0 units)
12. Germany (1.0 units)
13. Japan (1.0 units)

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

For the third consecutive year, Cameroon recorded decline in shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which decreased by 0% to 3 units in 2022. In general, exports recorded a deep reduction. The smallest decline of -20% was in 2020. Over the period under review, the exports of attained the maximum at 5 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses shrank to $3.5K in 2022. Overall, exports continue to indicate a pronounced slump. The smallest decline of -4.1% was in 2021. Over the period under review, the exports of hit record highs at $4K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Congo (1.0 units)
2. Equatorial Guinea (1.0 units)
3. France (1.0 units)

Source: IndexBox Market Intelligence Platform