Republic of Korea - Sailboats For Pleasure Or Sports, With Or Without Auxiliary Motor - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Republic of Korea - Sailboats For Pleasure Or Sports, With Or Without Auxiliary Motor - Market Analysis, Forecast, Size, Trends And Insights

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Sailboat Price in South Korea - 2022

Contents:

  1. Sailboat Price in South Korea (CIF) - 2021
  2. Sailboat Price in South Korea (FOB) - 2022
  3. Sailboat Imports in South Korea
  4. Sailboat Exports in South Korea

Sailboat Price in South Korea (CIF) - 2021

In December 2021, the average sailboat import price amounted to $199K per unit, surging by 298% against the previous month. Overall, the import price saw a strong expansion. The most prominent rate of growth was recorded in August 2021 an increase of 435% m-o-m. The import price peaked in December 2021.

Prices varied noticeably by the country of origin: the country with the highest price was France ($269K per unit), while the price for Panama stood at $81,692 per unit.

From December 2020 to December 2021, the most notable rate of growth in terms of prices was attained by France (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Sailboat Price in South Korea (FOB) - 2022

In 2022, the average sailboat export price amounted to $791 per unit, increasing by 27% against the previous year. Over the period under review, the export price, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2014 when the average export price increased by 86%. As a result, the export price reached the peak level of $5,629 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($914 per unit), while the average price for exports to Kuwait ($60 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 Thailand (-2.0%), while the prices for the other major destinations experienced a decline.

Sailboat Imports in South Korea

In 2022, the amount of sailboats for pleasure or sports, with or without auxiliary motor imported into South Korea expanded rapidly to 95 units, increasing by 9.2% on the previous year. Over the period under review, imports, however, saw a deep slump. Imports peaked at 111 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sailboat imports shrank slightly to $2.6M in 2022. In general, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 4.7%. Over the period under review, imports hit record highs at $4M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Sailboat in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Malaysia817431386614-9.1%
Germany3973113334433.7%
Sweden494261234371-9.1%
France21561722733415.8%
China45916688.5160-29.6%
Vietnam32013190.7112-29.5%
Panama11748.732.547.3-26.1%
New Zealand94.140.725.727.9-33.3%
United Arab Emirates14.59.716.722.315.4%
United Kingdom14.723.815.921.213.0%
Australia10.326.04.612.15.5%
Thailand19.88.66.28.4-24.9%
Taiwan (Chinese)22.79.36.47.8-30.0%
Others9594561,192419-24.1%
Total3,9552,5412,6592,600-13.0%

Top Suppliers of Sailboat to South Korea in 2022:

  1. Malaysia (31.0 units)
  2. Vietnam (11.0 units)
  3. China (6.0 units)
  4. Panama (5.0 units)
  5. Germany (5.0 units)
  6. Australia (3.0 units)
  7. United Arab Emirates (3.0 units)
  8. France (3.0 units)
  9. Sweden (3.0 units)
  10. New Zealand (3.0 units)
  11. Taiwan (Chinese) (2.0 units)
  12. United Kingdom (2.0 units)
  13. Thailand (2.0 units)

Sailboat Exports in South Korea

In 2022, overseas shipments of sailboats for pleasure or sports, with or without auxiliary motor were finally on the rise to reach 18 units after two years of decline. Overall, exports, however, recorded a sharp reduction. The exports peaked at 276 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, sailboat exports surged to $14K in 2022. In general, exports, however, showed a sharp shrinkage. Over the period under review, the exports hit record highs at $345K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Sailboat in South Korea (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Thailand15212.37.110.8-58.6%
United States36.73.50.61.8-63.4%
Japan51.13.21.41.7-67.8%
Kuwait0.90.1N/A0.1-51.9%
Others1050.40.10.1-90.2%
Total34519.49.414.4-65.3%

Top Export Markets for Sailboat from South Korea in 2022:

  1. Thailand (12.0 units)
  2. Japan (3.0 units)
  3. United States (2.0 units)
  4. Kuwait (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the sailboat market in Republic of Korea. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 30121100 - Sailboats (except inflatable) for pleasure or sports, with or without auxiliary motor

Country coverage:

  • South Korea

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Republic of Korea
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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