Report Eastern Asia - Inflatable Vessels for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights for 499$
Latest Report Update: May 1, 2023

Eastern Asia - Inflatable Vessels for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights

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Eastern Asia: Inflatable Vessel Market 2023

Inflatable Vessel Market Size in Eastern Asia

After two years of growth, the East Asian inflatable vessel market decreased by -12.3% to $X in 2021. The total consumption indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +30.8% against 2018 indices. As a result, consumption reached the peak level of $X, and then contracted in the following year.

Inflatable Vessel Production in Eastern Asia

In value terms, inflatable vessel production shrank to $X in 2021 estimated in export price. The total production indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +33.2% against 2018 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 22% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

Inflatable Vessel Exports

Exports in Eastern Asia

In 2021, overseas shipments of inflatable vessels for pleasure or sports increased by 78% to X units, rising for the fifth consecutive year after two years of decline. Overall, exports enjoyed a resilient expansion. The pace of growth appeared the most rapid in 2018 when exports increased by 81% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the near future.

In value terms, inflatable vessel exports soared to $X in 2021. Over the period under review, exports saw a strong expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

China dominates exports structure, amounting to X units, which was approx. 93% of total exports in 2021. South Korea (X units) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +5.6% from 2012 to 2021. At the same time, South Korea (+17.8%) displayed positive paces of growth. Moreover, South Korea emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +17.8% from 2012-2021. South Korea (+2.7 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -2.2% from 2012 to 2021, respectively.

In value terms, China ($X) remains the largest inflatable vessel supplier in Eastern Asia, comprising 98% of total exports. The second position in the ranking was taken by South Korea ($X), with a 0.9% share of total exports.

From 2012 to 2021, the average annual growth rate of value in China totaled +13.8%.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2021, growing by 4% against the previous year. In general, the export price enjoyed buoyant growth. The most prominent rate of growth was recorded in 2015 when the export price increased by 107%. The level of export peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was China ($X per unit), while South Korea totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+7.8%).

Inflatable Vessel Imports

Imports in Eastern Asia

In 2021, approx. X units of inflatable vessels for pleasure or sports were imported in Eastern Asia; with an increase of 13% compared with the previous year's figure. In general, imports recorded resilient growth. The pace of growth was the most pronounced in 2015 with an increase of 35%. The volume of import peaked in 2021 and is likely to see gradual growth in the immediate term.

In value terms, inflatable vessel imports amounted to $X in 2021. The total import value increased at an average annual rate of +3.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 25% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

In 2021, Japan (X units) was the main importer of inflatable vessels for pleasure or sports, constituting 51% of total imports. South Korea (X units) took a 30% share (based on physical terms) of total imports, which put it in second place, followed by China (7%), Hong Kong SAR (5.7%) and Taiwan (Chinese) (5.5%).

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +48.1%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported inflatable vessels for pleasure or sports in Eastern Asia, comprising 47% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 19% share of total imports. It was followed by South Korea, with a 17% share.

From 2012 to 2021, the average annual growth rate of value in Japan was relatively modest. In the other countries, the average annual rates were as follows: Hong Kong SAR (+21.2% per year) and South Korea (-3.4% per year).

Import Prices by Country

In 2021, the import price in Eastern Asia amounted to $X per unit, which is down by -10% against the previous year. Over the period under review, the import price showed a abrupt downturn. The growth pace was the most rapid in 2020 an increase of 2.5% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+18.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

Base Year Historical Period Forecast Period Units
2022 2012-2022 2023-2030 US$, Tons

Frequently Asked Questions (FAQ) :

What are the largest markets for inflatable vessels for pleasure or sports in Eastern Asia?
+
The country with the largest volume of inflatable vessel consumption was China, comprising approx. 70% of total volume. Moreover, inflatable vessel consumption in China exceeded the figures recorded by the second-largest consumer, Japan, fourfold. The third position in this ranking was taken by South Korea, with a 7.6% share.
What are the largest producers of inflatable vessels for pleasure or sports in Eastern Asia?
+
China remains the largest inflatable vessel producing country in Eastern Asia, comprising approx. 73% of total volume. Moreover, inflatable vessel production in China exceeded the figures recorded by the second-largest producer, Japan, fourfold. South Korea ranked third in terms of total production with a 6.9% share.
What are the leading exporters of inflatable vessels for pleasure or sports in Eastern Asia?
+
In value terms, China remains the largest inflatable vessel supplier in Eastern Asia, comprising 98% of total exports. The second position in the ranking was held by South Korea, with a 0.9% share of total exports.
What are the leading importers of inflatable vessels for pleasure or sports in Eastern Asia?
+
In value terms, Japan constitutes the largest market for imported inflatable vessels for pleasure or sports in Eastern Asia, comprising 47% of total imports. The second position in the ranking was held by Hong Kong SAR, with a 19% share of total imports. It was followed by South Korea, with a 17% share.
What is the average export price for inflatable vessels for pleasure or sports in Eastern Asia?
+
In 2021, the export price in Eastern Asia amounted to $2,453 per unit, picking up by 4% against the previous year.
What is the average import price for inflatable vessels for pleasure or sports in Eastern Asia?
+
The import price in Eastern Asia stood at $388 per unit in 2021, declining by -10% against the previous year.

This report provides an in-depth analysis of the inflatable vessel market in Eastern Asia. 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 30121200 - Inflatable vessels for pleasure or sports
Country coverage:
• Democratic People's Republic of Korea
• Macao SAR
• Taiwan (Chinese)

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Eastern Asia, split by region and country
• Trade (exports and imports) in Eastern Asia
• 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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
REPORT DESCRIPTION
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2012–2022
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2012–2022
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• China
• Hong Kong SAR
• Macao SAR
• Japan
• South Korea
• Taiwan (Chinese)
• Democratic People's Republic of Korea
LIST OF TABLES
Table 1:
Key Findings In 2022
Table 2:
Market Volume, In Physical Terms, 2012–2022
Table 3:
Market Value, 2012–2022
Table 4:
Per Capita Consumption, By Country, 2018–2022
Table 5:
Production, In Physical Terms, By Country, 2012–2022
Table 6:
Imports, In Physical Terms, By Country, 2012–2022
Table 7:
Imports, In Value Terms, By Country, 2012–2022
Table 8:
Import Prices, By Country Of Destination, 2012–2022
Table 9:
Exports, In Physical Terms, By Country, 2012–2022
Table 10:
Exports, In Value Terms, By Country, 2012–2022
Table 11:
Export Prices, By Country Of Origin, 2012–2022
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2012–2022
Figure 2:
Market Value, 2012–2022
Figure 3:
Consumption, By Country, 2022
Figure 4:
Market Volume Forecast to 2030
Figure 5:
Market Value Forecast to 2030
Figure 6:
Products: Market Size And Growth, By Type
Figure 7:
Products: Average Per Capita Consumption, By Type
Figure 8:
Products: Exports And Growth, By Type
Figure 9:
Products: Export Prices And Growth, By Type
Figure 10:
Production Volume And Growth
Figure 11:
Exports And Growth
Figure 12:
Export Prices And Growth
Figure 13:
Market Size And Growth
Figure 14:
Per Capita Consumption
Figure 15:
Imports And Growth
Figure 16:
Import Prices
Figure 17:
Production, In Physical Terms, 2012–2022
Figure 18:
Production, In Value Terms, 2012–2022
Figure 19:
Production, By Country, 2022
Figure 20:
Production, In Physical Terms, By Country, 2012–2022
Figure 21:
Imports, In Physical Terms, 2012–2022
Figure 22:
Imports, In Value Terms, 2012–2022
Figure 23:
Imports, In Physical Terms, By Country, 2022
Figure 24:
Imports, In Physical Terms, By Country, 2012–2022
Figure 25:
Imports, In Value Terms, By Country, 2012–2022
Figure 26:
Import Prices, By Country, 2012–2022
Figure 27:
Exports, In Physical Terms, 2012–2022
Figure 28:
Exports, In Value Terms, 2012–2022
Figure 29:
Exports, In Physical Terms, By Country, 2022
Figure 30:
Exports, In Physical Terms, By Country, 2012–2022
Figure 31:
Exports, In Value Terms, By Country, 2012–2022
Figure 32:
Export Prices, 2012–2022
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