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Latest Report Update: Oct 17, 2022

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

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Sri Lanka: Sailboat Market 2022

Sailboat Market Size in Sri Lanka

In 2021, the Sri Lankan sailboat market decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. In general, the total consumption indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +X% against 2018 indices. As a result, consumption attained the peak level of $X, and then fell in the following year.

Sailboat Production in Sri Lanka

In value terms, sailboat production fell to $X in 2021 estimated in export price. In general, the total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X, and then shrank in the following year.

Sailboat Exports

Exports from Sri Lanka

In 2021, the amount of sailboats for pleasure or sports, with or without auxiliary motor exported from Sri Lanka dropped markedly to X units, which is down by -X% against 2020. Overall, exports, however, enjoyed a measured expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports failed to regain momentum.

In value terms, sailboat exports reduced notably to $X in 2021. In general, exports recorded a sharp decline. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

Kenya (X units) was the main destination for sailboat exports from Sri Lanka, accounting for a approx. X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Kenya was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to Kenya was relatively modest.

Export Prices by Country

The average sailboat export price stood at $X per unit in 2021, declining by -X% against the previous year. Over the period under review, the export price showed a dramatic contraction. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Kenya amounted to X% per year.

Sailboat Imports

Imports into Sri Lanka

In 2020, supplies from abroad of sailboats for pleasure or sports, with or without auxiliary motor decreased by X% to X units, falling for the third consecutive year after three years of growth. Overall, imports showed a sharp reduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2020, imports failed to regain momentum.

In value terms, sailboat imports surged to $X in 2020. In general, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2020, the growth of imports failed to regain momentum.

Imports by Country

In 2020, France (X units) constituted the largest sailboat supplier to Sri Lanka, with a approx. X% share of total imports.

From 2012 to 2020, the average annual growth rate of volume from France was relatively modest.

In value terms, France ($X) constituted the largest supplier of sailboat to Sri Lanka.

From 2012 to 2020, the average annual growth rate of value from France totaled -X%.

Import Prices by Country

In 2020, the average sailboat import price amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price showed a strong increase. The pace of growth appeared the most rapid in 2013 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2014 to 2020, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for France.

From 2012 to 2020, the rate of growth in terms of prices for France amounted to -X% per year.

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 sailboats for pleasure or sports, with or without auxiliary motor in the world?

China constituted the country with the largest volume of sailboat consumption, comprising approx. 16% of total volume. Moreover, sailboat consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. India ranked third in terms of total consumption with a 6% share.

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

The country with the largest volume of sailboat production was China, comprising approx. 16% of total volume. Moreover, sailboat production in China exceeded the figures recorded by the second-largest producer, India, threefold. The third position in this ranking was held by the United States, with a 5.1% share.

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

In value terms, France $208) constituted the largest supplier of sailboat to Sri Lanka.

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

The average sailboat export price stood at $1,102 per unit in 2021, dropping by -89.6% against the previous year.

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

In 2020, the average sailboat import price amounted to $5,731 per unit, jumping by 29% against the previous year.

This report provides an in-depth analysis of the sailboat market in Sri Lanka. 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:

• Sri Lanka

Data coverage:

• Market volume and value

• Per Capita consumption

• Forecast of the market dynamics in the medium term

• Trade (exports and imports) in Sri Lanka

• 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