Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in India - 2023

Contents:

1. Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in India (FOB) - 2022
2. Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in India (CIF) - 2022
3. Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in India
4. Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in India

Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in India (FOB) - 2022

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,804 per unit in 2022, rising by 58% against the previous year. In general, the export price posted a remarkable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 745% against the previous year. Over the period under review, the average export prices hit record highs at $10,468 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Qatar ($7,958 per unit), while the average price for exports to Nepal ($356 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 Qatar (+16.1%), while the prices for the other major destinations experienced a decline.

Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in India (CIF) - 2022

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,168 per unit, rising by 95% against the previous year. Overall, the import price, however, continues to indicate a deep reduction. The pace of growth was the most pronounced in 2018 when the average import price increased by 159% against the previous year. Over the period under review, average import prices reached the maximum at $8,442 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($12,817 per unit), while the price for China ($202 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in India

In 2022, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from India skyrocketed to 1.3K units, growing by 1,055% against the year before. In general, exports showed significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $2.3M in 2022. Overall, exports showed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from India in 2022:

1. United Arab Emirates (1150.0 units)
2. Qatar (99.0 units)
3. Nepal (1.0 units)

Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in India

After three years of growth, supplies from abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -13.7% to 1.4K units in 2022. The total import volume increased at an average annual rate of +5.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 31% against the previous year. Imports peaked at 1.6K units in 2021, and then fell in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $1.7M in 2022. Overall, imports saw a abrupt downturn. Over the period under review, imports of reached the maximum at $2.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to India in 2022:

1. China (940.0 units)
2. Thailand (165.0 units)
3. Portugal (93.0 units)
4. Mexico (48.0 units)
5. Poland (37.0 units)
6. United States (34.0 units)
7. Germany (23.0 units)

Source: IndexBox Market Intelligence Platform