Indonesia: Motor Boat Market 2024

Motor Boat Market Size in Indonesia

The Indonesian motor boat market dropped modestly to $X in 2022, therefore, remained relatively stable against the previous year. Over the period under review, consumption saw a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Motor Boat Production in Indonesia

In value terms, motor boat production reached $X in 2022 estimated in export price. Overall, production showed a drastic downturn. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Motor Boat Exports

Exports from Indonesia

In 2022, the amount of motor boats and motor yachts, for pleasure or sports exported from Indonesia contracted notably to X units, declining by X% on the year before. Overall, exports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, motor boat exports totaled $X in 2022. In general, exports showed a deep setback. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of $X. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Australia (X units), the United States (X units) and Malaysia (X units) were the main destinations of motor boat exports from Indonesia, together accounting for X% of total exports. Timor-Leste, Nigeria, Italy and Singapore lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Timor-Leste (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), Australia ($X) and Nigeria ($X) were the largest markets for motor boat exported from Indonesia worldwide, with a combined X% share of total exports. Italy, Malaysia, the United States and Timor-Leste lagged somewhat behind, together accounting for a further X%.

Timor-Leste, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average motor boat export price stood at $X per unit in 2022, picking up by X% against the previous year. Overall, the export price, however, saw a abrupt slump. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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

Motor Boat Imports

Imports into Indonesia

Motor boat imports into Indonesia dropped to X units in 2022, shrinking by X% on the previous year. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2014 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, motor boat imports skyrocketed to $X in 2022. Overall, imports recorded a abrupt slump. The pace of growth was the most pronounced in 2014 when imports increased by X%. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Australia (X units), France (X units) and Japan (X units) were the main suppliers of motor boat imports to Indonesia, with a combined X% share of total imports. Moreover, motor boat imports in Australia exceeded the figures recorded by the second-largest supplier, France, twofold.

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

In value terms, the largest motor boat suppliers to Indonesia were Australia ($X), France ($X) and Thailand ($X), together accounting for X% of total imports.

Thailand, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average motor boat import price amounted to $X per unit, surging by X% against the previous year. Overall, the import price continues to indicate a pronounced expansion. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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