Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Kenya - 2022
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Kenya (CIF) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Kenya (FOB) - 2022
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Kenya
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Kenya
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Kenya (CIF) - 2022
The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $7,030 per unit in 2022, rising by 50% against the previous year. In general, the import price posted a strong expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 80%. As a result, import price reached the peak level of $7,756 per unit. From 2018 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($27,417 per unit), while the price for the Czech Republic ($497 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+43.2%), 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 Kenya (FOB) - 2022
The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $6,962 per unit in 2022, dropping by -5% against the previous year. Overall, the export price, however, enjoyed a strong increase. The most prominent rate of growth was recorded in 2015 when the average export price increased by 94% against the previous year. As a result, the export price attained the peak level of $9,893 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Somalia ($51,391 per unit), while the average price for exports to Democratic Republic of the Congo ($372 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 Uganda (+32.4%), 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 Kenya
In 2022, approx. 400 units of yachts and other vessels; for pleasure or sports, rowing boats and canoeses were imported into Kenya; waning by -13% compared with the year before. Overall, imports saw a sharp reduction. The pace of growth was the most pronounced in 2021 when imports increased by 31% against the previous year. Imports peaked at 1K 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 soared to $2.8M in 2022. In general, imports, however, recorded a mild expansion. The most prominent rate of growth was recorded in 2021 with an increase of 81%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Seychelles | 363 | 277 | 1,214 | 1,478 | 59.7% |
| United States | 165 | 385 | 45.2 | 603 | 54.0% |
| Tunisia | 12.2 | 11.8 | 65.7 | 129 | 119.5% |
| Sri Lanka | 279 | 81.4 | 5.3 | 124 | -23.7% |
| Japan | 520 | 1.2 | 30.5 | 105 | -41.3% |
| China | 31.3 | 11.3 | 46.9 | 49.5 | 16.5% |
| South Africa | N/A | 0.5 | 268 | 32.7 | 708.7% |
| Canada | 13.6 | 14.7 | 0.4 | 17.7 | 9.2% |
| Tanzania | 85.3 | 25.6 | 44.4 | 8.4 | -53.8% |
| Australia | 3.0 | 0.9 | 7.7 | 7.8 | 37.5% |
| Mauritius | N/A | N/A | 14.3 | 4.5 | -68.5% |
| Czech Republic | 3.8 | 2.1 | 6.9 | 4.5 | 5.8% |
| Spain | 604 | 175 | 1.4 | 1.3 | -87.1% |
| Others | 632 | 200 | 401 | 247 | -26.9% |
| Total | 2,713 | 1,187 | 2,152 | 2,812 | 1.2% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to Kenya in 2022:
- Seychelles (219.0 units)
- Tunisia (33.0 units)
- China (33.0 units)
- United States (22.0 units)
- Sri Lanka (19.0 units)
- Czech Republic (9.0 units)
- Mauritius (7.0 units)
- Australia (7.0 units)
- Japan (7.0 units)
- South Africa (4.0 units)
- Canada (1.0 units)
- Tanzania (1.0 units)
- Spain (1.0 units)
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Kenya
In 2022, shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -79.4% to 149 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a resilient expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 381%. As a result, the exports reached the peak of 722 units, and then reduced sharply in the following year.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses declined dramatically to $1M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 757% against the previous year. As a result, the exports reached the peak of $5.3M, and then dropped sharply in the following year.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Kenya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Rwanda | 40.8 | 70.2 | 3,493 | 681 | 155.6% |
| Somalia | 80.4 | 109 | 249 | 103 | 8.6% |
| Uganda | 21.0 | 45.3 | 385 | 75.0 | 52.9% |
| Tanzania | 21.4 | 30.0 | 185 | 37.4 | 20.5% |
| South Sudan | 122 | 157 | 200 | 14.4 | -50.9% |
| Democratic Republic of the Congo | 0.1 | 1.3 | 3.9 | 6.3 | 297.9% |
| Others | 202 | 205 | 777 | 120 | -15.9% |
| Total | 488 | 617 | 5,292 | 1,037 | 28.6% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from Kenya in 2022:
- Rwanda (104.0 units)
- Democratic Republic of the Congo (17.0 units)
- Uganda (10.0 units)
- South Sudan (3.0 units)
- Tanzania (2.0 units)
- Somalia (2.0 units)
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