Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the UK - 2024
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the UK (FOB) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the UK (CIF) - 2022
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the UK
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the UK
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the UK (FOB) - 2022
The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $16,230 per unit in 2022, growing by 52% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 71% against the previous year. As a result, the export price reached the peak level of $22,462 per unit. From 2020 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($38,967 per unit), while the average price for exports to Canada ($1,060 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 Italy (+12.0%), 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 the UK (CIF) - 2022
The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,938 per unit in 2022, picking up by 69% against the previous year. In general, the import price, however, continues to indicate a pronounced decline. The import price peaked at $3,759 per unit in 2014; however, from 2015 to 2022, 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 the Netherlands ($6,231 per unit), while the price for Hong Kong SAR ($96 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+25.2%), 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 the UK
Exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from the UK reduced sharply to 70K units in 2022, dropping by -21.4% compared with the previous year. In general, exports saw a noticeable reduction. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. As a result, the exports reached the peak of 89K units, and then reduced sharply in the following year.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses skyrocketed to $1.1B in 2022. Overall, exports continue to indicate a abrupt descent. Over the period under review, the exports of reached the peak figure at $1.8B in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 216 | 153 | 238 | 210 | -0.9% |
| Gibraltar | 40.4 | 141 | 48.3 | 208 | 72.7% |
| Spain | 91.4 | 41.0 | 116 | 127 | 11.6% |
| France | 86.4 | 58.6 | 54.4 | 123 | 12.5% |
| Italy | 27.8 | 26.9 | 38.9 | 85.9 | 45.7% |
| Hong Kong SAR | 36.1 | 62.7 | 70.5 | 50.0 | 11.5% |
| Germany | 21.6 | 14.9 | 28.5 | 33.9 | 16.2% |
| Netherlands | 17.8 | 11.7 | 40.3 | 31.3 | 20.7% |
| Australia | 12.7 | 4.8 | 22.2 | 13.4 | 1.8% |
| Japan | 6.2 | 4.0 | 3.1 | 11.7 | 23.6% |
| Ireland | 3.3 | 3.1 | 5.3 | 7.9 | 33.8% |
| Poland | 1.9 | 12.5 | 5.8 | 5.5 | 42.5% |
| Canada | 16.5 | 3.4 | 13.7 | 1.9 | -51.3% |
| Others | 1,236 | 280 | 259 | 222 | -43.6% |
| Total | 1,814 | 818 | 944 | 1,132 | -14.5% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from the UK in 2022:
- United States (18.4K units)
- Gibraltar (13.8K units)
- Spain (5.2K units)
- Germany (3.9K units)
- France (3.2K units)
- Australia (2.6K units)
- Italy (2.4K units)
- Ireland (2.4K units)
- Netherlands (2.0K units)
- Japan (1.9K units)
- Canada (1.8K units)
- Hong Kong SAR (1.3K units)
- Poland (1.1K units)
Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the UK
For the fourth consecutive year, the UK recorded growth in overseas purchases of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which increased by 38% to 259K units in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +17.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.4% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $501M in 2022. Overall, imports saw a significant expansion. As a result, imports attained 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 the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 53.8 | 47.9 | 1.1 | 175 | 48.2% |
| Poland | 6.1 | 8.4 | 10.5 | 51.5 | 103.6% |
| France | 27.1 | 33.2 | 31.8 | 47.1 | 20.2% |
| China | 18.4 | 16.5 | 36.2 | 45.3 | 35.0% |
| United States | 6.6 | 10.0 | 12.2 | 32.3 | 69.8% |
| Germany | 18.3 | 31.0 | 18.4 | 20.9 | 4.5% |
| Mexico | N/A | 0.1 | 8.8 | 14.2 | 1091.6% |
| Italy | 9.4 | 8.3 | 12.5 | 8.1 | -4.8% |
| New Zealand | 0.8 | 0.8 | 0.9 | 5.8 | 93.5% |
| Canada | 2.4 | 1.6 | 1.8 | 2.6 | 2.7% |
| Hong Kong SAR | 0.6 | 0.2 | 0.3 | 2.1 | 51.8% |
| Thailand | 1.3 | 0.5 | 1.1 | 0.9 | -11.5% |
| Czech Republic | N/A | N/A | N/A | 0.5 | 0% |
| Others | 129 | 106 | 80.2 | 94.9 | -9.7% |
| Total | 274 | 264 | 216 | 501 | 22.3% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to the UK in 2022:
- France (53.8K units)
- United States (34.0K units)
- China (28.2K units)
- Netherlands (28.1K units)
- Hong Kong SAR (21.6K units)
- Italy (12.8K units)
- Poland (12.8K units)
- Thailand (8.4K units)
- Canada (6.1K units)
- Mexico (5.7K units)
- New Zealand (5.1K units)
- Germany (4.5K units)
- Czech Republic (4.2K units)
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