United Kingdom: Sailboat Market 2024

Sailboat Market Size in the UK

The UK sailboat market soared to $X in 2022, rising by X% against the previous year. In general, consumption, however, saw a deep slump. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Sailboat Production in the UK

In value terms, sailboat production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

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Sailboat Exports

Exports from the UK

In 2022, sailboat exports from the UK was estimated at X units, increasing by X% against 2021 figures. In general, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, sailboat exports contracted slightly to $X in 2022. Overall, exports saw a perceptible expansion. The growth pace was the most rapid in 2017 when exports increased by X%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lebanon (X units) was the main destination for sailboat exports from the UK, with a X% share of total exports. Moreover, sailboat exports to Lebanon exceeded the volume sent to the second major destination, Taiwan (Chinese) (X units), more than tenfold. French Polynesia (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lebanon stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Taiwan (Chinese) (X% per year) and French Polynesia (X% per year).

In value terms, Lebanon ($X) emerged as the key foreign market for sailboats for pleasure or sports, with or without auxiliary motor exports from the UK, comprising X% of total exports. The second position in the ranking was held by French Polynesia ($X), with a X% share of total exports. It was followed by Taiwan (Chinese), with a X% share.

From 2012 to 2022, the average annual growth rate of value to Lebanon totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: French Polynesia (X% per year) and Taiwan (Chinese) (X% per year).

Export Prices by Country

In 2022, the average sailboat export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was French Polynesia ($X per unit), while the average price for exports to Grenada ($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 Grenada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Sailboat Imports

Imports into the UK

For the fifth year in a row, the UK recorded growth in supplies from abroad of sailboats for pleasure or sports, with or without auxiliary motor, which increased by X% to X units in 2022. Over the period under review, imports recorded prominent growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, sailboat imports contracted to $X in 2022. Overall, imports, however, showed a deep setback. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

France (X units), the United States (X units) and Germany (X units) were the main suppliers of sailboat imports to the UK, with a combined X% share of total imports. China, South Africa, Sweden, Denmark and New Zealand lagged somewhat behind, together accounting for a further X%.

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

In value terms, France ($X), Germany ($X) and Denmark ($X) were the largest sailboat suppliers to the UK, with a combined X% share of total imports. The United States, South Africa, Sweden, China and New Zealand lagged somewhat behind, together accounting for a further X%.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to 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 sailboat import price amounted to $X per unit, dropping by X% against the previous year. Overall, the import price saw a deep downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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