Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Jordan - 2022
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Jordan (CIF) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Jordan (FOB) - 2022
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Jordan
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Jordan
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Jordan (CIF) - 2022
The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $2,108 per unit in 2022, rising by 27% against the previous year. Overall, the import price saw a strong increase. The pace of growth was the most pronounced in 2019 an increase of 190%. The import price peaked in 2022 and is expected to retain growth in years to come.
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 Spain ($8,497 per unit), while the price for Bahrain ($251 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+75.0%), 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 Jordan (FOB) - 2022
In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $2,836 per unit, dropping by -87.6% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth was the most pronounced in 2019 an increase of 408%. The export price peaked at $22,842 per unit in 2021, and then shrank sharply in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($10,038 per unit), while the average price for exports to Egypt ($119 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 the United Arab Emirates (+45.3%), 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 Jordan
For the third consecutive year, Jordan recorded decline in overseas purchases of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which decreased by -16.4% to 542 units in 2022. In general, imports showed a significant curtailment. Imports peaked 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 reached $1.1M in 2022. The total import value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 5.9% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 83.6 | 387 | 451 | 394 | 67.7% |
| United States | 382 | 272 | 61.2 | 259 | -12.1% |
| Spain | 86.3 | 85.8 | 128 | 119 | 11.3% |
| France | 109 | 84.1 | 63.3 | 69.9 | -13.8% |
| Egypt | 14.3 | 7.8 | 3.5 | 60.6 | 61.8% |
| Germany | 44.7 | 34.7 | 26.3 | 29.2 | -13.2% |
| Lebanon | 20.2 | 15.2 | 13.0 | 13.3 | -13.0% |
| United Arab Emirates | 84.1 | 32.9 | 39.8 | 13.0 | -46.3% |
| Mexico | 30.0 | 12.9 | 4.0 | 3.8 | -49.8% |
| Bahrain | 8.3 | 9.4 | 1.3 | 3.3 | -26.5% |
| Sweden | 15.2 | 7.5 | 2.7 | 1.9 | -50.0% |
| Others | 84.9 | 69.9 | 285 | 176 | 27.5% |
| Total | 962 | 1,019 | 1,079 | 1,142 | 5.9% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to Jordan in 2022:
- Italy (176.0 units)
- United States (160.0 units)
- Egypt (48.0 units)
- France (33.0 units)
- Germany (29.0 units)
- Spain (14.0 units)
- Bahrain (13.0 units)
- Lebanon (8.0 units)
- United Arab Emirates (7.0 units)
- Mexico (5.0 units)
- Sweden (3.0 units)
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Jordan
In 2022, overseas shipments of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -90.5% to 4 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 950%. As a result, the exports attained the peak of 42 units, and then fell rapidly in the following year.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses reduced sharply to $11K in 2022. In general, exports continue to indicate a sharp setback. The growth pace was the most rapid in 2021 with an increase of 1,037%. As a result, the exports attained the peak of $959K, and then contracted dramatically in the following year.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Jordan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 24.2 | 37.1 | 860 | 10.0 | -25.5% |
| Israel | 16.3 | 36.1 | 80.4 | 1.0 | -60.6% |
| Free Zones | 3.5 | 6.1 | 13.6 | 0.2 | -61.5% |
| Egypt | 4.2 | 5.0 | 5.7 | 0.1 | -71.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 48.1 | 84.4 | 959 | 11.3 | -38.3% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from Jordan in 2022:
- Egypt (1.0 units)
- United Arab Emirates (1.0 units)
- Israel (1.0 units)
- Free Zones (1.0 units)
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