Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Thailand - 2024
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Thailand (CIF) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Thailand (FOB) - 2022
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Thailand
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Thailand
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Thailand (CIF) - 2022
The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $2,993 per unit in 2022, growing by 137% against the previous year. In general, the import price recorded a resilient increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the UK ($22,053 per unit), while the price for Japan ($344 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.5%), 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 Thailand (FOB) - 2022
The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,172 per unit in 2022, rising by 52% against the previous year. Overall, the export price enjoyed pronounced growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($4,715 per unit), while the average price for exports to Canada ($220 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 Malaysia (+26.9%), 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 Thailand
Imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into Thailand reduced dramatically to 20K units in 2022, falling by -33.9% against 2021. In general, imports recorded a precipitous decline. The smallest decline of -11% was in 2021. Imports peaked at 49K 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 surged to $60M in 2022. Over the period under review, imports, however, saw a strong expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 0.3 | 0.3 | 2.8 | 15.3 | 270.8% |
| Italy | 2.3 | 5.9 | 7.3 | 9.3 | 59.3% |
| United States | 10.0 | 4.8 | 5.9 | 7.5 | -9.1% |
| Mexico | 3.7 | 3.7 | 5.7 | 5.0 | 10.6% |
| China | 4.9 | 1.6 | 2.5 | 3.7 | -8.9% |
| Japan | 2.2 | 2.5 | 2.5 | 2.2 | 0.0% |
| Australia | 0.5 | 0.6 | 1.0 | 0.3 | -15.7% |
| Cook Islands | N/A | 0.9 | 1.2 | N/A | 33.3% |
| Others | 20.5 | 5.0 | 9.1 | 16.2 | -7.5% |
| Total | 44.3 | 25.3 | 38.0 | 59.6 | 10.4% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to Thailand in 2022:
- Japan (6.3K units)
- United States (4.5K units)
- Italy (2.8K units)
- Mexico (1.3K units)
- China (1.1K units)
- United Kingdom (0.7K units)
- Australia (0.5K units)
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Thailand
In 2022, approx. 34K units of yachts and other vessels; for pleasure or sports, rowing boats and canoeses were exported from Thailand; reducing by -13.7% on the year before. In general, exports showed a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of 29% against the previous year. Over the period under review, the exports of hit record highs at 45K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses skyrocketed to $40M in 2022. Over the period under review, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2021 with an increase of 74%. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | N/A | N/A | N/A | 12.1 | 0% |
| United States | 6.7 | 6.8 | 9.2 | 7.0 | 1.5% |
| Malaysia | 3.3 | 0.7 | 1.7 | 3.4 | 1.0% |
| Australia | 0.4 | 0.4 | 2.9 | 2.1 | 73.8% |
| Japan | 0.1 | 0.1 | 0.1 | 1.2 | 128.9% |
| Italy | N/A | 0.2 | 5.7 | 0.9 | 112.1% |
| Netherlands | 1.2 | 0.8 | 1.2 | 0.9 | -9.1% |
| Philippines | 0.1 | 0.4 | N/A | 0.7 | 91.3% |
| Poland | 0.5 | 0.5 | 0.7 | 0.5 | 0.0% |
| United Kingdom | 0.5 | 0.5 | 0.9 | 0.3 | -15.7% |
| Canada | 0.2 | 0.2 | 0.3 | 0.1 | -20.6% |
| Greece | 10.4 | N/A | N/A | N/A | 0% |
| Others | 8.8 | 6.9 | 7.6 | 10.8 | 7.1% |
| Total | 32.1 | 17.5 | 30.6 | 40.1 | 7.7% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from Thailand in 2022:
- United States (11.0K units)
- Taiwan (Chinese) (8.1K units)
- Australia (3.1K units)
- Japan (3.1K units)
- Poland (1.5K units)
- Malaysia (1.1K units)
- Netherlands (0.9K units)
- Canada (0.6K units)
- Philippines (0.6K units)
- United Kingdom (0.6K units)
- Italy (0.2K units)
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