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

Contents:

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

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

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $12,379 per unit, declining by -33.6% against the previous year. Over the period under review, the export price, however, continues to indicate a prominent expansion. The pace of growth appeared the most rapid in 2020 when the average export price increased by 50% against the previous year. As a result, the export price reached the peak level of $18,955 per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($79,881 per unit), while the average price for exports to Latvia ($780 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 Poland (+42.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,550 per unit in 2022, jumping by 95% against the previous year. Over the period under review, the import price saw a prominent expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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 ($3,083 per unit), while the price for China ($135 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses exported from Lithuania soared to 5K units, with an increase of 104% on the previous year. Over the period under review, exports saw a significant expansion. As a result, the exports attained 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 skyrocketed to $62M in 2022. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Lithuania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway7.17.38.210.714.7%
Germany4.46.16.28.625.0%
Denmark1.82.53.84.737.7%
KazakhstanN/AN/AN/A3.00%
Belarus0.30.40.22.7108.0%
Poland0.20.10.30.858.7%
Latvia0.40.60.60.826.0%
KyrgyzstanN/AN/AN/A0.60%
Estonia1.80.90.20.6-30.7%
ItalyN/AN/AN/A0.30%
Russia0.50.61.20.3-15.7%
Uzbekistan0.1N/AN/A0.226.0%
Ukraine0.6N/A0.3N/A-29.3%
Others10.118.124.528.541.3%
Total27.436.745.661.831.1%

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

  1. Belarus (1102.0 units)
  2. Latvia (990.0 units)
  3. Norway (933.0 units)
  4. Kazakhstan (611.0 units)
  5. Kyrgyzstan (172.0 units)
  6. Poland (167.0 units)
  7. Germany (108.0 units)
  8. Estonia (105.0 units)
  9. Uzbekistan (93.0 units)
  10. Italy (92.0 units)
  11. Denmark (83.0 units)
  12. Russia (40.0 units)
  13. Ukraine (1.0 units)

Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Lithuania

In 2022, approx. 11K units of yachts and other vessels; for pleasure or sports, rowing boats and canoeses were imported into Lithuania; which is down by -24.2% against the year before. In general, total imports indicated measured growth from 2019 to 2022: its volume increased at an average annual rate of +3.8% 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 +15.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 53% against the previous year. As a result, imports reached the peak of 15K units, and then reduced remarkably in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $18M in 2022. Overall, imports, however, enjoyed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Lithuania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,7572361641,9744.0%
Latvia1,9001,3531,5491,711-3.4%
United Kingdom3732563111,36053.9%
Ukraine9159471,5111,22910.3%
Germany16980.23661,20092.2%
Russia12220597194097.5%
Slovenia49138.61225222.1%
China4544597234822.0%
Others1,5064,9236,3388,37677.2%
Total7,6878,49812,05517,79432.3%

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

  1. China (3.6K units)
  2. Ukraine (1.6K units)
  3. United Kingdom (1.3K units)
  4. Germany (0.9K units)
  5. Slovenia (0.7K units)
  6. Latvia (0.7K units)
  7. Russia (0.7K units)
  8. Italy (0.5K units)

Source: IndexBox Market Intelligence Platform

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