Finland: Sailboat Market 2024

Sailboat Market Size in Finland

For the third consecutive year, the Finnish sailboat market recorded decline in sales value, which decreased by X% to $X in 2022. Overall, consumption continues to indicate a abrupt curtailment. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Sailboat Production in Finland

In value terms, sailboat production fell dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production hit record highs at $X in 2021, and then declined notably in the following year.

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Sailboat Exports

Exports from Finland

In 2021, shipments abroad of sailboats for pleasure or sports, with or without auxiliary motor was finally on the rise to reach X units after two years of decline. Over the period under review, exports saw a moderate increase. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, sailboat exports skyrocketed to $X in 2021. In general, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

British Virgin Islands (X units) was the main destination for sailboat exports from Finland, with a X% share of total exports. Moreover, sailboat exports to British Virgin Islands exceeded the volume sent to the second major destination, Australia (X units), sixfold. Malta (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual growth rate of volume to British Virgin Islands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (X% per year) and Malta (X% per year).

In value terms, British Virgin Islands ($X) emerged as the key foreign market for sailboats for pleasure or sports, with or without auxiliary motor exports from Finland, comprising X% of total exports. The second position in the ranking was taken by Italy ($X), with a X% share of total exports. It was followed by Malta, with a X% share.

From 2012 to 2021, the average annual growth rate of value to British Virgin Islands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (X% per year) and Malta (X% per year).

Export Prices by Country

The average sailboat export price stood at $X,601 per unit in 2021, picking up by X% against the previous year. Overall, the export price continues to indicate a remarkable increase. The growth pace was the most rapid in 2019 an increase of X% against the previous year. The export price peaked in 2021 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X,369 per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sailboat Imports

Imports into Finland

In 2021, sailboat imports into Finland skyrocketed to X units, picking up by X% on the year before. Over the period under review, imports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, sailboat imports surged to $X in 2021. Overall, imports, however, faced a sharp descent. The growth pace was the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of sailboat to Finland, with a X% share of total imports. Moreover, sailboat imports from the United States exceeded the figures recorded by the second-largest supplier, Australia (X units), threefold. The third position in this ranking was held by China (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (X% per year) and China (X% per year).

In value terms, France ($X) constituted the largest supplier of sailboats for pleasure or sports, with or without auxiliary motor to Finland, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2021, the average annual growth rate of value from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and the UK (X% per year).

Import Prices by Country

In 2021, the average sailboat import price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the import price, however, continues to indicate a deep slump. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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