Ukraine: Motor Boat Market 2022

Motor Boat Market Size in Ukraine

The Ukrainian motor boat market rose slightly to $X in 2021, picking up by X% against the previous year. Overall, consumption continues to indicate a remarkable increase. Motor boat consumption peaked in 2021 and is likely to continue growth in the near future.

Motor Boat Production in Ukraine

In value terms, motor boat production dropped slightly to $X in 2021 estimated in export price. In general, production, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2017 with an increase of X%. Motor boat production peaked at $X in 2020, and then reduced modestly in the following year.

Motor Boat Exports

Exports from Ukraine

In 2021, after three years of decline, there was significant growth in shipments abroad of motor boats and motor yachts, for pleasure or sports, when their volume increased by X% to X units. Overall, exports, however, faced a sharp slump. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, motor boat exports surged to $X in 2021. Over the period under review, exports, however, recorded a abrupt decrease. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Spain (X units) was the main destination for motor boat exports from Ukraine, accounting for a X% share of total exports. Moreover, motor boat exports to Spain exceeded the volume sent to the second major destination, the United Arab Emirates (X units), twofold. The third position in this ranking was taken by Sweden (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-X% per year) and Sweden (-X% per year).

In value terms, Turkey ($X) remains the key foreign market for motor boat exports from Ukraine, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+X% per year) and Spain (X% per year).

Export Prices by Country

In 2021, the average motor boat export price amounted to $X per unit, growing by X% against the previous year. Overall, the export price enjoyed a prominent expansion. The growth pace was the most rapid in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Turkey ($X per unit), while the average price for exports to Estonia ($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 Canada (+X%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Imports

Imports into Ukraine

In 2021, imports of motor boats and motor yachts, for pleasure or sports into Ukraine soared to X units, rising by X% compared with the year before. In general, imports enjoyed strong growth. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, motor boat imports soared to $X in 2021. Over the period under review, imports recorded a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of motor boat to Ukraine, accounting for a X% share of total imports. Moreover, motor boat imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X units), sevenfold. Japan (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United States stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+X% per year) and Japan (X% per year).

In value terms, the largest motor boat suppliers to Ukraine were the United States ($X), Poland ($X) and Russia ($X), together accounting for X% of total imports.

Poland, 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

The average motor boat import price stood at $X per unit in 2021, growing by X% against the previous year. Overall, the import price recorded a measured increase. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Poland ($X per unit), while the price for Portugal ($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 mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :