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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $2,566 per unit, jumping by 46% against the previous year. Overall, the import price enjoyed noticeable growth. The growth pace was the most rapid in 2016 an increase of 164%. Over the period under review, average import prices attained the maximum at $3,536 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 France ($3,307 per unit), while the price for China ($561 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.2%), 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 Indonesia (FOB) - 2022

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $4,223 per unit in 2022, shrinking by -11% against the previous year. Overall, the export price, however, recorded tangible growth. The pace of growth was the most pronounced in 2018 when the average export price increased by 52%. As a result, the export price attained the peak level of $7,647 per unit. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Singapore ($25,256 per unit), while the average price for exports to South Africa ($319 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 Taiwan (Chinese) (+81.8%), 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 Indonesia

In 2022, purchases abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -11.7% to 4.1K units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 35%. As a result, imports reached the peak of 5K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $11M in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +16.4% 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 +57.5% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by 57% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

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

1. United States (895.0 units)
2. Hong Kong SAR (823.0 units)
3. China (637.0 units)
4. Singapore (498.0 units)
5. France (450.0 units)
6. Ukraine (262.0 units)
7. Canada (133.0 units)

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

In 2022, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from Indonesia surged to 2.2K units, with an increase of 49% compared with the previous year's figure. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 356% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $9.1M in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 210% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to see steady growth in years to come.

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

1. Taiwan (Chinese) (779.0 units)
2. United States (514.0 units)
3. Denmark (151.0 units)
4. Canada (150.0 units)
5. South Africa (96.0 units)
6. United Kingdom (75.0 units)
7. Kuwait (71.0 units)
8. Timor-Leste (66.0 units)
9. Russia (61.0 units)
10. New Zealand (44.0 units)

Source: IndexBox Market Intelligence Platform