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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $6,894 per unit, flattening at the previous year. Over the period under review, the import price, however, showed a strong expansion. The growth pace was the most rapid in 2019 an increase of 90%. The import price peaked at $7,034 per unit in 2020; however, from 2021 to 2022, import prices remained at a 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 United States ($9,682 per unit), while the price for the UK ($687 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+39.2%), 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 Egypt (FOB) - 2022

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $6,114 per unit in 2022, with a decrease of -6.7% against the previous year. In general, the export price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 270% against the previous year. Over the period under review, the average export prices hit record highs at $9,647 per unit in 2017; however, from 2018 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 Australia ($16,469 per unit), while the average price for exports to Sudan ($1,100 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 New Zealand (+58.5%), 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 Egypt

In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses imported into Egypt dropped dramatically to 583 units, reducing by -47.9% against the previous year. In general, imports continue to indicate a precipitous slump. The smallest decline of -6.1% was in 2020. Over the period under review, imports of reached the peak figure at 1.4K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses fell dramatically to $4M in 2022. Over the period under review, imports saw a significant decline. The smallest decline of -1% was in 2020. Imports peaked at $9.5M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

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

1. United States (179.0 units)
2. Italy (110.0 units)
3. United Kingdom (106.0 units)
4. Cyprus (34.0 units)
5. Bahrain (31.0 units)
6. Germany (20.0 units)
7. China (14.0 units)
8. Poland (12.0 units)
9. France (12.0 units)
10. Greece (12.0 units)
11. Qatar (11.0 units)
12. Finland (11.0 units)

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

In 2022, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from Egypt surged to 372 units, picking up by 41% against the year before. Overall, exports posted a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 69%. Over the period under review, the exports of attained the peak figure 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 $2.3M in 2022. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 77% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

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

1. France (92.0 units)
2. Sudan (44.0 units)
3. United Kingdom (40.0 units)
4. Austria (40.0 units)
5. Australia (30.0 units)
6. Croatia (24.0 units)
7. Spain (24.0 units)
8. Netherlands (18.0 units)
9. Norway (10.0 units)
10. Greece (6.0 units)

Source: IndexBox Market Intelligence Platform