Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Oman - 2022

Contents:

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

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

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,862 per unit, with a decrease of -83.2% against the previous year. Over the period under review, the export price continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 976%. As a result, the export price attained the peak level of $11,146 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Qatar.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +78.8% per year.

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $3,721 per unit, falling by -7.9% against the previous year. In general, the import price, however, enjoyed a notable increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 40%. The import price peaked at $6,111 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($30,649 per unit), while the price for the UK ($2,314 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+43.6%), 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 Oman

Exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from Oman surged to 3K units in 2022, rising by 406% on 2021. In general, exports enjoyed a significant increase. 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 dropped to $5.6M in 2022. Over the period under review, exports showed a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 100%. As a result, the exports reached the peak of $6.6M, and then declined in the following year.

Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Oman (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Qatar2711031921,73885.8%
China15.4N/A66.1N/A107.2%
GermanyN/AN/A939N/A0%
United KingdomN/A1,944306N/A-84.3%
Others1,5201,2395,0843,86236.5%
Total1,8073,2866,5865,60045.8%

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

  1. Qatar (3.0K units)

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

Imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into Oman soared to 1.5K units in 2022, rising by 21% against 2021 figures. Overall, imports, however, showed a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 24%. Imports peaked at 2.7K units in 2019; however, from 2020 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 rose rapidly to $5.6M in 2022. Over the period under review, imports, however, recorded a sharp curtailment. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Oman (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates8.34.13.53.3-26.5%
ItalyN/AN/AN/A0.80%
United States2.80.11.30.5-43.7%
GermanyN/AN/AN/A0.30%
Kuwait0.3N/A0.10.2-12.6%
United Kingdom0.50.1N/A0.1-41.5%
China0.1N/A0.10.10.0%
Others0.80.30.10.2-37.0%
Total12.74.65.05.6-23.9%

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

  1. United Arab Emirates (936.0 units)
  2. United States (204.0 units)
  3. Germany (114.0 units)
  4. Kuwait (75.0 units)
  5. United Kingdom (44.0 units)
  6. China (38.0 units)
  7. Italy (27.0 units)

Source: IndexBox Market Intelligence Platform

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