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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,037 per unit, picking up by 11% against the previous year. Over the period under review, the import price showed buoyant growth. The pace of growth appeared the most rapid in 2014 an increase of 123% against the previous year. Over the period under review, average import prices attained the maximum at $1,328 per unit in 2017; however, from 2018 to 2022, import prices stood 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 Austria ($4,790 per unit), while the price for Slovakia ($85 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+47.0%), 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 Hungary (FOB) - 2022

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $3,311 per unit, which is down by -2.7% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 58% against the previous year. The export price peaked at $11,159 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($56,074 per unit), while the average price for exports to Singapore ($725 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 Germany (+35.1%), 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 Hungary

For the fourth consecutive year, Hungary recorded growth in overseas purchases of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which increased by 29% to 24K units in 2022. In general, imports enjoyed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 54% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $25M in 2022. Overall, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 108%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the near future.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France4.81.43.34.1-5.1%
Germany1.11.36.14.155.0%
Belgium3.41.83.23.61.9%
China0.40.90.91.035.7%
SpainN/AN/A0.20.4100.0%
Ukraine0.10.40.50.344.2%
Slovakia0.50.10.10.2-26.3%
Czech Republic0.10.1N/A0.10.0%
RomaniaN/A0.10.1N/A0.0%
Others1.82.43.011.384.5%
Total12.28.517.625.027.0%

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

  1. China (8.6K units)
  2. Germany (4.1K units)
  3. France (2.2K units)
  4. Slovakia (2.2K units)
  5. Spain (1.8K units)
  6. Belgium (1.4K units)
  7. Czech Republic (1.0K units)
  8. Ukraine (0.4K units)
  9. Romania (0.1K units)

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

Exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from Hungary skyrocketed to 2.4K units in 2022, growing by 140% on 2021. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $7.8M in 2022. In general, exports, however, continue to indicate a pronounced decrease. Over the period under review, the exports of hit record highs at $9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3,7264.278.61,290-29.8%
Slovakia1,4772,2499141,190-6.9%
Austria3623186491,16347.6%
Croatia52313339.197923.2%
Romania7.310.830.6708359.4%
Serbia11018414254170.1%
Czech Republic1,93250226.8212-52.1%
Turkey10.869.2100122124.4%
United States14.612.434.410794.2%
Canada59.066.0N/A88.714.6%
Japan18225.856.516.6-55.0%
Ukraine4.52021271.4-32.2%
Hong Kong SAR99.65.332.11.3-76.5%
Others5326971,1261,41938.7%
Total9,0384,4793,3567,839-4.6%

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

  1. Romania (896.0 units)
  2. Austria (398.0 units)
  3. Serbia (391.0 units)
  4. Slovakia (201.0 units)
  5. Canada (90.0 units)
  6. Croatia (81.0 units)
  7. France (53.0 units)
  8. United States (50.0 units)
  9. Turkey (46.0 units)
  10. Czech Republic (20.0 units)
  11. Japan (6.0 units)
  12. Hong Kong SAR (2.0 units)
  13. Ukraine (1.0 units)

Source: IndexBox Market Intelligence Platform

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