India: Sailboat Market 2024

Sailboat Market Size in India

The Indian sailboat market contracted modestly to $X in 2022, waning by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Sailboat Production in India

In value terms, sailboat production contracted to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Sailboat Exports

Exports from India

In 2022, approx. X units of sailboats for pleasure or sports, with or without auxiliary motor were exported from India; picking up by X% on 2021 figures. Over the period under review, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports attained the peak figure at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, sailboat exports surged to $X in 2022. Overall, exports recorded a significant expansion. The pace of growth was the most pronounced in 2018 when exports increased by X%. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Qatar (X units) was the main destination for sailboat exports from India, accounting for a X% share of total exports. Moreover, sailboat exports to Qatar exceeded the volume sent to the second major destination, Bhutan (X units), more than tenfold. The third position in this ranking was held by Nepal (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Qatar amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Bhutan (X% per year) and Nepal (X% per year).

In value terms, Qatar ($X) remains the key foreign market for sailboats for pleasure or sports, with or without auxiliary motor exports from India, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Nepal, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Qatar stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Nepal (X% per year).

Export Prices by Country

The average sailboat export price stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Bhutan ($X 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 the Netherlands (X%), while the prices for the other major destinations experienced mixed trend patterns.

Sailboat Imports

Imports into India

In 2022, purchases abroad of sailboats for pleasure or sports, with or without auxiliary motor decreased by X% to X units, falling for the second year in a row after two years of growth. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, sailboat imports shrank markedly to $X in 2022. Over the period under review, imports recorded a noticeable shrinkage. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

France (X units), Singapore (X units) and Italy (X units) were the main suppliers of sailboat imports to India, together comprising X% of total imports.

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

In value terms, the largest sailboat suppliers to India were Australia ($X), France ($X) and Sri Lanka ($X), together comprising X% of total imports. Poland, the Netherlands, Italy, New Zealand, Thailand, Germany, Singapore, China, Indonesia and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

The Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sailboat import price stood at $X per unit in 2022, with a decrease of X% against the previous year. In general, the import price recorded a perceptible downturn. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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