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

Contents:

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

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

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $11,206 per unit, picking up by 41% against the previous year. Overall, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% 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 +70.5% against 2020 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($23,573 per unit), while the average price for exports to Canada ($1,458 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 Denmark (+20.9%), 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 Portugal (CIF) - 2022

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $3,986 per unit, growing by 3.3% against the previous year. Over the period under review, the import price showed a notable increase. The growth pace was the most rapid in 2013 an increase of 149%. As a result, import price reached the peak level of $7,214 per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($23,064 per unit), while the price for Spain ($1,469 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.2%), 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 Portugal

In 2022, after three years of growth, there was significant decline in shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, when their volume decreased by -8.9% to 11K units. The total export volume increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when exports increased by 25% against the previous year. The exports peaked at 12K units in 2021, and then shrank in the following year.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $118M in 2022. Overall, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 46% against the previous year. The exports peaked in 2022 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 Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France9.910.414.026.138.1%
Spain11.711.016.520.220.0%
Germany5.99.010.415.036.5%
Norway5.57.29.39.118.3%
Sweden2.34.08.77.044.9%
United Kingdom1.81.93.35.040.6%
United States0.70.71.43.469.4%
Poland0.60.90.83.172.9%
Netherlands1.01.22.43.145.8%
Denmark1.61.72.93.023.3%
Switzerland1.31.33.32.930.7%
Australia0.80.61.11.317.6%
Canada0.30.30.30.518.6%
Others14.312.917.918.69.2%
Total57.863.192.211826.9%

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

  1. Spain (1404.0 units)
  2. Germany (1133.0 units)
  3. France (1106.0 units)
  4. Sweden (649.0 units)
  5. United States (623.0 units)
  6. Norway (509.0 units)
  7. Canada (373.0 units)
  8. Poland (364.0 units)
  9. Denmark (338.0 units)
  10. Australia (290.0 units)
  11. Switzerland (290.0 units)
  12. United Kingdom (283.0 units)
  13. Netherlands (237.0 units)

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

Imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into Portugal surged to 15K units in 2022, picking up by 43% on 2021. Over the period under review, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.6% 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 decreased by -6.7% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 66%. As a result, imports reached the peak of 16K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $59M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +6.4% 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 decreased by -22.6% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 56% against the previous year. As a result, imports reached the peak of $76M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Portugal (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France14.323.710.815.42.5%
Italy7.84.56.013.118.9%
Spain3.73.12.511.345.1%
Belgium2.01.31.73.318.2%
Germany0.30.11.81.258.7%
British Virgin IslandsN/A37.10.30.4-89.6%
Others20.56.016.614.1-11.7%
Total48.775.839.858.76.4%

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

  1. Spain (7.7K units)
  2. France (4.8K units)
  3. Italy (0.6K units)
  4. Belgium (0.6K units)
  5. Germany (0.3K units)

Source: IndexBox Market Intelligence Platform

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