Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Ecuador - 2022
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Ecuador (CIF) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Ecuador (FOB) - 2022
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Ecuador
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Ecuador
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Ecuador (CIF) - 2022
The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,558 per unit in 2022, jumping by 96% against the previous year. Overall, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Brazil ($9,487 per unit), while the price for Germany ($49 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+33.8%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $3,120 per unit, rising by 47% against the previous year. In general, the export price, however, faced a deep contraction. The growth pace was the most rapid in 2021 when the average export price increased by 124% against the previous year. Over the period under review, the average export prices reached the peak figure at $14,360 per unit in 2013; however, from 2014 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 France ($5,816 per unit), while the average price for exports to Panama ($639 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 Chile (+22.3%), 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 Ecuador
In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses imported into Ecuador shrank rapidly to 1.6K units, reducing by -21.8% against 2021 figures. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.1% 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 +47.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 89% against the previous year. As a result, imports attained the peak of 2K units, and then reduced dramatically in the following year.
In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $2.5M in 2022. Overall, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.3% 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 +82.6% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 504 | 412 | 814 | 807 | 17.0% |
| Brazil | 35.9 | 30.3 | 79.1 | 759 | 176.5% |
| Colombia | 178 | 115 | 151 | 201 | 4.1% |
| Spain | 139 | 0.1 | 15.6 | 102 | -9.8% |
| Denmark | 28.1 | 34.2 | 46.3 | 63.4 | 31.2% |
| Mexico | 109 | 46.1 | 35.7 | 51.0 | -22.4% |
| Jamaica | 101 | 50.7 | 51.9 | 49.0 | -21.4% |
| China | 14.6 | 21.8 | 57.0 | 38.6 | 38.3% |
| Portugal | 31.1 | 19.1 | 23.7 | 33.1 | 2.1% |
| Argentina | 13.4 | 20.3 | 24.8 | 30.8 | 32.0% |
| Germany | 0.8 | 0.7 | 1.2 | 2.0 | 35.7% |
| Netherlands | 54.5 | 175 | 98.9 | 0.6 | -77.8% |
| Norway | N/A | N/A | 3.4 | N/A | 0% |
| Others | 320 | 425 | 209 | 328 | 0.8% |
| Total | 1,530 | 1,350 | 1,611 | 2,466 | 17.2% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to Ecuador in 2022:
- United States (927.0 units)
- Brazil (80.0 units)
- Argentina (65.0 units)
- Denmark (63.0 units)
- Jamaica (49.0 units)
- Mexico (46.0 units)
- Colombia (45.0 units)
- Germany (42.0 units)
- China (39.0 units)
- Portugal (38.0 units)
- Spain (24.0 units)
- Netherlands (1.0 units)
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Ecuador
In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses exported from Ecuador amounted to 13 units, increasing by 8.3% compared with 2021 figures. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 140%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $41K in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2021 with an increase of 438%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in the immediate term.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 0.6 | 1.5 | 8.1 | 14.2 | 187.1% |
| France | N/A | N/A | N/A | 5.8 | 0% |
| Panama | N/A | N/A | 2.2 | 3.2 | 45.5% |
| Spain | 0.5 | N/A | 0.2 | 2.3 | 66.3% |
| United States | 2.5 | 2.6 | 6.0 | 2.2 | -4.2% |
| Peru | 0.4 | 0.5 | 0.8 | 1.0 | 35.7% |
| Others | 0.1 | 0.1 | 8.2 | 11.9 | 391.9% |
| Total | 4.0 | 4.8 | 25.6 | 40.6 | 116.5% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from Ecuador in 2022:
- Panama (5.0 units)
- Chile (4.0 units)
- France (1.0 units)
- United States (1.0 units)
- Peru (1.0 units)
- Spain (1.0 units)
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