Report Update Apr 1, 2024

Philippines - Sailboats for Pleasure or Sports, With or Without Auxiliary Motor - Market Analysis, Forecast, Size, Trends and Insights

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Philippines: Sailboat Market 2024

Sailboat Market Size in the Philippines

The Philippine sailboat market shrank slightly to $X in 2022, dropping by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sailboat Production in the Philippines

In value terms, sailboat production reduced modestly to $X in 2022 estimated in export price. In general, production continues to indicate a mild decline. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Sailboat production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Sailboat Exports

Exports from the Philippines

In 2022, exports of sailboats for pleasure or sports, with or without auxiliary motor from the Philippines dropped remarkably to X units, with a decrease of X% on 2021. Over the period under review, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, sailboat exports rose markedly to $X in 2022. In general, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Canada (X units) was the main destination for sailboat exports from the Philippines, with a approx. X% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Canada was relatively modest.

In value terms, Canada ($X) emerged as the key foreign market for sailboats for pleasure or sports, with or without auxiliary motor exports from the Philippines.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada amounted to X%.

Export Prices by Country

In 2022, the average sailboat export price amounted to $X per unit, surging by X% against the previous year. Over the period under review, the export price recorded a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Canada.

From 2012 to 2022, the rate of growth in terms of prices for Canada amounted to X% per year.

Sailboat Imports

Imports into the Philippines

In 2022, after three years of decline, there was significant decline in overseas purchases of sailboats for pleasure or sports, with or without auxiliary motor, when their volume decreased by X% to X units. In general, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, sailboat imports expanded remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2018 with an increase of X%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

Switzerland (X units), France (X units) and Italy (X units) were the main suppliers of sailboat imports to the Philippines, with a combined X% share of total imports.

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

In value terms, the largest sailboat suppliers to the Philippines were Italy ($X), France ($X) and Switzerland ($X).

In terms of the main suppliers, Italy, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average sailboat import price amounted to $X per unit, picking up by X% against the previous year. Overall, the import price showed a significant increase. The pace of growth appeared the most rapid in 2016 when the average import price increased by X%. The import price peaked in 2022 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Switzerland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sailboats for pleasure or sports, with or without auxiliary motor in the world?

The countries with the highest volumes of consumption in 2023 were British Virgin Islands, China and Italy, with a combined 38% share of global consumption.

What are the largest producers of sailboats for pleasure or sports, with or without auxiliary motor in the world?

The countries with the highest volumes of production in 2022 were China, Italy and India, together accounting for 30% of global production.

What are the leading suppliers of sailboats for pleasure or sports, with or without auxiliary motor to the Philippines?

In value terms, Italy, France and Switzerland constituted the largest sailboat suppliers to the Philippines.

What are the leading importers of sailboats for pleasure or sports, with or without auxiliary motor from the Philippines?

In value terms, Canada emerged as the key foreign market for sailboats for pleasure or sports, with or without auxiliary motor exports from the Philippines.

What is the average export price for sailboats for pleasure or sports, with or without auxiliary motor in the Philippines?

The average sailboat export price stood at $218,554 per unit in 2022, increasing by 228% against the previous year.

What is the average import price for sailboats for pleasure or sports, with or without auxiliary motor in the Philippines?

In 2022, the average sailboat import price amounted to $28,346 per unit, with an increase of 156% against the previous year.

This report provides an in-depth analysis of the sailboat market in the Philippines. 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 30121100 - Sailboats (except inflatable) for pleasure or sports, with or without auxiliary motor

Country coverage:

Philippines

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in the Philippines
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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023