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

Contents:

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

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

The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $3,929 per unit in 2022, declining by -23.2% against the previous year. In general, the import price saw a perceptible curtailment. The pace of growth was the most pronounced in 2014 an increase of 149%. As a result, import price reached the peak level of $8,771 per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($11,421 per unit), while the price for Germany ($302 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+28.8%), 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 Ghana (FOB) - 2022

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $14,523 per unit, jumping by 4,279% against the previous year. Overall, the export price enjoyed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Guinea ($43,291 per unit), while the average price for exports to the Netherlands ($127 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 Togo (+134.4%), 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 Ghana

Imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into Ghana contracted dramatically to 76 units in 2022, shrinking by -73.5% on the year before. Overall, imports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 193% against the previous year. As a result, imports attained the peak of 287 units, and then shrank remarkably in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses fell notably to $299K in 2022. Over the period under review, imports faced a dramatic shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 302% against the previous year. As a result, imports reached the peak of $1.5M, and then declined dramatically in the following year.

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

1. South Africa (24.0 units)
2. Spain (20.0 units)
3. South Korea (6.0 units)
4. China (4.0 units)
5. Denmark (3.0 units)
6. Lebanon (2.0 units)
7. United States (1.0 units)
8. United Arab Emirates (1.0 units)
9. United Kingdom (1.0 units)
10. Belgium (1.0 units)
11. Japan (1.0 units)

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

In 2022, shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -98.9% to 3 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of 2,510% against the previous year. As a result, the exports attained the peak of 261 units, and then reduced dramatically in the following year.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses reduced dramatically to $44K in 2022. Over the period under review, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 570% against the previous year. The exports peaked at $87K in 2021, and then declined dramatically in the following year.

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

1. Guinea (1.0 units)
2. Netherlands (1.0 units)
3. South Africa (1.0 units)

Source: IndexBox Market Intelligence Platform