Asia-Pacific: Sailboat Market 2024

Sailboat Market Size in Asia-Pacific

The Asia-Pacific sailboat market stood at $X in 2022, therefore, remained relatively stable against the previous year. In general, consumption continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Sailboat Production in Asia-Pacific

In value terms, sailboat production reached $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2020; afterwards, it flattened through to 2022.

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Sailboat Exports

Exports in Asia-Pacific

In 2022, exports of sailboats for pleasure or sports, with or without auxiliary motor in Asia-Pacific declined significantly to X units, with a decrease of X% on the previous year. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, sailboat exports fell sharply to $X in 2022. Over the period under review, exports showed a abrupt descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Australia (X units) and New Zealand (X units) were the major exporters of sailboats for pleasure or sports, with or without auxiliary motor in 2022, resulting at approx. X% and X% of total exports, respectively. Marshall Islands (X units) held the next position in the ranking, distantly followed by Vietnam (X units). All these countries together took approx. X% share of total exports. Singapore (X units), Hong Kong SAR (X units) and Indonesia (X units) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Marshall Islands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, New Zealand ($X), Vietnam ($X) and Australia ($X) appeared to be the countries with the highest levels of exports in 2022, with a combined X% share of total exports.

Vietnam, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Asia-Pacific amounted to $X per unit, rising by X% against the previous year. Export price indicated a tangible expansion from 2012 to 2022: its price 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. As a result, the export 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 exporting countries. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced mixed trends in the export price figures.

Sailboat Imports

Imports in Asia-Pacific

Sailboat imports reduced to X units in 2022, which is down by X% against 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, sailboat imports reached $X in 2022. Over the period under review, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Marshall Islands represented the main importing country with an import of around X units, which accounted for X% of total imports. Australia (X units) ranks second in terms of the total imports with a X% share, followed by Papua New Guinea (X%), New Zealand (X%), Taiwan (Chinese) (X%) and Hong Kong SAR (X%). French Polynesia (X units), Cook Islands (X units), Pakistan (X units), Japan (X units), Maldives (X units) and Singapore (X units) took a relatively small share of total imports.

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

In value terms, Australia ($X), Hong Kong SAR ($X) and Marshall Islands ($X) appeared to be the countries with the highest levels of imports in 2022, together comprising X% of total imports. Japan, New Zealand, French Polynesia, Maldives, Taiwan (Chinese), Cook Islands, Papua New Guinea, Singapore and Pakistan lagged somewhat behind, together accounting for a further X%.

In terms of the main importing countries, Taiwan (Chinese), with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, 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 Asia-Pacific stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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