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

Contents:

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

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

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $10,189 per unit in 2022, with a decrease of -6.9% against the previous year. Over the period under review, the export price continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2014 an increase of 1,323%. The export price peaked at $82,108 per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($24,858 per unit), while the average price for exports to the United Arab Emirates ($904 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 States (+47.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $344 per unit, reducing by -35.3% against the previous year. Over the period under review, the import price continues to indicate a noticeable descent. The growth pace was the most rapid in 2015 an increase of 705% against the previous year. The import price peaked at $17,739 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to -10.9% per year.

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

In 2022, shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -39.3% to 91 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 249%. As a result, the exports reached the peak of 150 units, and then declined rapidly in the following year.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses shrank rapidly to $927K in 2022. Over the period under review, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 261% against the previous year. As a result, the exports attained the peak of $1.6M, and then declined sharply in the following year.

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

1. United States (39.0 units)
2. China (38.0 units)
3. Canada (3.0 units)
4. Australia (2.0 units)
5. United Kingdom (2.0 units)
6. South Korea (1.0 units)

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

In 2022, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into Myanmar surged to 935 units, with an increase of 282% compared with 2021 figures. In general, imports saw a remarkable increase. Imports peaked at 1.5K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $322K in 2022. Over the period under review, imports, however, showed a dramatic descent. Imports peaked at $718K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. China (932.0 units)

Source: IndexBox Market Intelligence Platform