Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in New Zealand - 2024
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in New Zealand (CIF) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in New Zealand (FOB) - 2022
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in New Zealand
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in New Zealand
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in New Zealand (CIF) - 2022
In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $2,959 per unit, surging by 8.3% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses increased by +64.6% against 2016 indices. The most prominent rate of growth was recorded in 2017 when the average import price increased by 39% against the previous year. The import price peaked in 2022 and is likely to continue 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 Australia ($48,663 per unit), while the price for China ($406 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+35.6%), 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 New Zealand (FOB) - 2022
The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $12,856 per unit in 2022, dropping by -8.6% against the previous year. In general, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses increased by +69.0% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of 105%. Over the period under review, the average export prices attained the peak figure at $18,487 per unit in 2018; however, from 2019 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 the United States ($25,177 per unit), while the average price for exports to Switzerland ($2,804 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 Peru (+195.7%), 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 New Zealand
In 2022, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into New Zealand dropped dramatically to 46K units, declining by -21.8% on the previous year. Over the period under review, imports recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when imports increased by 38%. As a result, imports reached the peak of 58K units, and then contracted markedly in the following year.
In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses declined rapidly to $135M in 2022. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, imports reached the peak of $159M, and then dropped markedly in the following year.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 50.3 | 46.4 | 65.1 | 35.8 | -10.7% |
| Mexico | 17.2 | 11.0 | 14.5 | 28.5 | 18.3% |
| United States | 20.1 | 26.5 | 22.2 | 24.4 | 6.7% |
| China | 7.0 | 5.2 | 10.4 | 14.1 | 26.3% |
| South Africa | 2.6 | 0.5 | 0.5 | 1.5 | -16.8% |
| Malaysia | 1.2 | 2.9 | 3.5 | N/A | 70.8% |
| Others | 33.3 | 23.6 | 43.2 | 30.7 | -2.7% |
| Total | 132 | 116 | 159 | 135 | 0.8% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to New Zealand in 2022:
- China (34.8K units)
- United States (3.8K units)
- Mexico (3.4K units)
- Australia (0.7K units)
- South Africa (0.4K units)
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in New Zealand
In 2022, approx. 7.6K units of yachts and other vessels; for pleasure or sports, rowing boats and canoeses were exported from New Zealand; picking up by 31% against the previous year. In general, total exports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.2% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 85% against the previous year. As a result, the exports reached the peak of 7.9K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses skyrocketed to $97M in 2022. Overall, total exports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 35%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in New Zealand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 21.7 | 17.9 | 26.8 | 36.8 | 19.3% |
| United States | 16.1 | 12.6 | 22.1 | 18.9 | 5.5% |
| United Kingdom | 2.5 | 2.2 | 5.7 | 9.0 | 53.3% |
| Spain | 5.8 | 0.2 | 0.2 | 9.0 | 15.8% |
| Switzerland | 0.3 | 0.1 | N/A | 3.9 | 135.1% |
| Norway | 0.1 | 0.1 | N/A | 1.4 | 141.0% |
| China | 1.2 | 0.4 | 0.6 | 1.1 | -2.9% |
| Vanuatu | 0.1 | 0.1 | N/A | 0.5 | 71.0% |
| Hong Kong SAR | 0.1 | 0.1 | 2.2 | N/A | 369.0% |
| Qatar | N/A | 12.1 | N/A | N/A | 0% |
| Others | 12.9 | 14.3 | 23.8 | 16.8 | 9.2% |
| Total | 60.7 | 60.1 | 81.4 | 97.3 | 17.0% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from New Zealand in 2022:
- Australia (2298.0 units)
- Switzerland (1379.0 units)
- United Kingdom (1159.0 units)
- United States (750.0 units)
- Spain (395.0 units)
- Norway (181.0 units)
- China (144.0 units)
- Vanuatu (120.0 units)
- Hong Kong SAR (4.0 units)
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