U.S.: Sailboat Market 2024

Sailboat Market Size in the U.S.

In 2022, the U.S. sailboat market decreased by X% to $X, falling for the second consecutive year after four years of growth. In general, consumption, however, showed notable growth. Sailboat consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Sailboat Production in the U.S.

In value terms, sailboat production rose rapidly to $X in 2022. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. Sailboat production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

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Sailboat Exports

Exports from the U.S.

After three years of decline, shipments abroad of sailboats for pleasure or sports, with or without auxiliary motor increased by X% to X units in 2021. Over the period under review, exports, however, showed a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, sailboat exports reduced to $X in 2021. Overall, exports, however, showed a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Canada (X units), Cayman Islands (X units) and Mongolia (X units) were the main destinations of sailboat exports from the United States, together comprising X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mongolia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

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

From 2012 to 2021, the average annual growth rate of value to Canada amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (X% per year) and Bahamas (X% per year).

Export Prices by Country

In 2021, the average sailboat export price amounted to $X per unit, with a decrease of X% against the previous year. Overall, export price indicated prominent growth from 2012 to 2021: its price increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, sailboat export price increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then shrank in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Mexico ($X per unit), while the average price for exports to Brazil ($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 Bahamas (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sailboat Imports

Imports into the U.S.

In 2021, after two years of decline, there was significant growth in overseas purchases of sailboats for pleasure or sports, with or without auxiliary motor, when their volume increased by X% to X units. Overall, total imports indicated a noticeable increase from 2012 to 2021: its volume 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. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, sailboat imports soared to $X in 2021. Over the period under review, total imports indicated buoyant growth 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. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X units), France (X units) and Canada (X units) were the main suppliers of sailboat imports to the United States, together accounting for X% of total imports. The Netherlands, China, Germany, Denmark, Australia, Poland, Italy, Vietnam, Indonesia and New Zealand lagged somewhat behind, together accounting for a further X%.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

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

Import Prices by Country

The average sailboat import price stood at $X per unit in 2021, surging by X% against the previous year. Over the last nine years, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the average 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 Poland ($X per unit), while the price for Indonesia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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