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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,225 per unit, reducing by -22% against the previous year. Over the period under review, the import price, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 an increase of 239%. As a result, import price reached the peak level of $4,087 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

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 Italy ($7,388 per unit), while the price for Kazakhstan ($278 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+24.8%), 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 Russia (FOB) - 2022

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,535 per unit in 2022, rising by 12% against the previous year. Over the period under review, the export price, however, faced a abrupt slump. The most prominent rate of growth was recorded in 2017 when the average export price increased by 66%. Over the period under review, the average export prices attained the peak figure at $4,501 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

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 Finland ($6,266 per unit), while the average price for exports to Bosnia and Herzegovina ($245 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 Lithuania (+20.2%), 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 Russia

In 2022, approx. 26K units of yachts and other vessels; for pleasure or sports, rowing boats and canoeses were imported into Russia; declining by -62.4% compared with 2021 figures. In general, imports showed a precipitous decrease. The pace of growth appeared the most rapid in 2021 when imports increased by 46%. As a result, imports attained the peak of 69K units, and then fell dramatically in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses fell dramatically to $32M in 2022. Over the period under review, imports faced a dramatic decrease. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. As a result, imports reached the peak of $109M, and then reduced rapidly in the following year.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4.83.65.67.113.9%
Italy2.98.314.24.112.2%
United States6.64.18.33.5-19.1%
South KoreaN/AN/AN/A3.10%
Turkey3.12.57.42.8-3.3%
Latvia0.10.20.81.6152.0%
Tunisia0.1N/A1.31.5146.6%
Poland7.313.011.51.4-42.3%
Japan4.43.64.50.8-43.3%
Finland10.412.518.70.5-63.6%
KazakhstanN/AN/AN/A0.40%
Portugal0.40.31.40.3-9.1%
Lithuania0.50.61.20.3-15.7%
Others24.420.734.04.3-43.9%
Total65.169.510932.0-21.1%

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

  1. South Korea (6.1K units)
  2. China (4.6K units)
  3. United States (2.5K units)
  4. Turkey (2.4K units)
  5. Latvia (2.1K units)
  6. Kazakhstan (1.6K units)
  7. Japan (1.0K units)
  8. Portugal (0.8K units)
  9. Poland (0.8K units)
  10. Tunisia (0.7K units)
  11. Lithuania (0.7K units)
  12. Italy (0.6K units)
  13. Finland (0.6K units)

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

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 -53.8% to 11K units. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 87%. The exports peaked at 23K units in 2021, and then reduced markedly in the following year.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses dropped significantly to $16M in 2022. Over the period under review, exports, however, showed a perceptible increase. The pace of growth appeared the most rapid in 2020 with an increase of 92%. Over the period under review, the exports of attained the peak figure at $31M in 2021, and then contracted significantly in the following year.

Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.14.45.64.226.0%
Estonia2.54.43.12.1-5.6%
Finland2.10.92.51.3-14.8%
Lithuania0.10.21.00.9108.0%
United States0.50.51.10.921.6%
South Korea0.30.30.10.944.2%
Kazakhstan0.81.00.60.94.0%
CanadaN/A0.20.50.673.2%
Latvia0.40.70.80.614.5%
Czech RepublicN/AN/A0.10.2100.0%
Bosnia and HerzegovinaN/AN/AN/A0.10%
United Arab Emirates0.29.11.9N/A208.2%
Belarus0.70.60.7N/A0.0%
Others5.36.213.53.5-12.9%
Total14.928.531.316.22.8%

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

  1. Germany (5719.0 units)
  2. Estonia (650.0 units)
  3. Canada (593.0 units)
  4. Lithuania (554.0 units)
  5. Latvia (425.0 units)
  6. South Korea (387.0 units)
  7. Kazakhstan (386.0 units)
  8. Bosnia and Herzegovina (321.0 units)
  9. United States (226.0 units)
  10. Finland (204.0 units)
  11. Czech Republic (176.0 units)
  12. United Arab Emirates (1.0 units)

Source: IndexBox Market Intelligence Platform

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