Africa: Sailboat Market 2024

Sailboat Market Size in Africa

In 2022, the African sailboat market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. The total consumption indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Sailboat Production in Africa

In value terms, sailboat production declined to $X in 2022 estimated in export price. The total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Sailboat Exports

Exports in Africa

In 2022, approx. X units of sailboats for pleasure or sports, with or without auxiliary motor were exported in Africa; reducing by X% compared with the year before. Overall, exports showed a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, sailboat exports reached $X in 2022. In general, exports, however, posted a resilient increase. The growth pace was the most rapid in 2021 when exports increased by X%. The level of export peaked in 2022 and is expected to retain growth in the near future.

Exports by Country

In 2022, South Africa (X units) represented the major exporter of sailboats for pleasure or sports, with or without auxiliary motor, achieving X% of total exports. It was distantly followed by Mauritius (X units) and Tunisia (X units), together mixing up a X% share of total exports.

South Africa experienced a relatively flat trend pattern with regard to volume of exports of sailboats for pleasure or sports, with or without auxiliary motor. At the same time, Tunisia (X%) displayed positive paces of growth. Moreover, Tunisia emerged as the fastest-growing exporter exported in Africa, with a CAGR of X% from 2012-2022. By contrast, Mauritius (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Tunisia and South Africa increased by X and X percentage points, respectively.

In value terms, South Africa ($X) remains the largest sailboat supplier in Africa, comprising X% of total exports. The second position in the ranking was taken by Tunisia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in South Africa amounted to X%. In the other countries, the average annual rates were as follows: Tunisia (X% per year) and Mauritius (X% per year).

Export Prices by Country

In 2022, the export price in Africa amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the export price posted a prominent expansion. The pace of growth was the most pronounced in 2019 when the export price increased by X%. The level of export peaked in 2022 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Tunisia ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mauritius (X%), while the other leaders experienced more modest paces of growth.

Sailboat Imports

Imports in Africa

Sailboat imports skyrocketed to X units in 2022, with an increase of X% on the year before. Overall, imports posted resilient growth. The pace of growth was the most pronounced in 2013 with an increase of X%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, sailboat imports dropped markedly to $X in 2022. Over the period under review, imports recorded a prominent expansion. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

The countries with the highest levels of sailboat imports in 2022 were Tunisia (X units), South Africa (X units), Nigeria (X units) and Cabo Verde (X units), together reaching X% of total import. It was distantly followed by Mauritius (X units), generating a X% share of total imports. Seychelles (X units), Algeria (X units), Djibouti (X units), Uganda (X units), Madagascar (X units), Egypt (X units) and Tanzania (X units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Tunisia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Nigeria ($X), Tunisia ($X) and Cabo Verde ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of total imports.

Nigeria, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Africa stood at $X per unit in 2022, declining by X% against the previous year. Over the period under review, the import price, however, posted a mild increase. The most prominent rate of growth was recorded in 2016 when the import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2017 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Nigeria ($X per unit), while Tanzania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Uganda (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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