Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan - 2023
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan (CIF) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan (FOB) - 2022
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan (CIF) - 2022
In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $8,034 per unit, waning by -23.3% against the previous year. In general, the import price, however, recorded a prominent expansion. The most prominent rate of growth was recorded in 2017 when the average import price increased by 91% against the previous year. The import price peaked at $16,047 per unit in 2018; however, from 2019 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 Italy ($88,288 per unit), while the price for Taiwan (Chinese) ($1,549 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan (FOB) - 2022
In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $17,757 per unit, shrinking by -5.5% against the previous year. Over the period under review, the export price, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2018 an increase of 42%. As a result, the export price attained the peak level of $21,559 per unit. From 2019 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 Russia ($48,782 per unit), while the average price for exports to the United States ($8,277 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 Thailand (+25.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan
In 2022, approx. 20K units of yachts and other vessels; for pleasure or sports, rowing boats and canoeses were imported into Japan; with an increase of 68% on 2021 figures. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +21.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $164M in 2022. In general, imports recorded a relatively flat trend pattern. Over the period under review, imports of hit record highs at $168M in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 65.9 | 59.3 | 47.1 | 49.4 | -9.2% |
| Italy | 21.6 | 42.6 | 20.9 | 31.3 | 13.2% |
| France | 16.3 | 9.8 | 9.1 | 22.5 | 11.3% |
| United Kingdom | 12.4 | 11.7 | 5.6 | 17.4 | 12.0% |
| Mexico | 14.3 | 12.4 | 14.9 | 17.0 | 5.9% |
| China | 7.2 | 8.0 | 10.3 | 8.5 | 5.7% |
| Poland | 2.8 | 3.8 | 2.7 | 4.8 | 19.7% |
| Taiwan (Chinese) | 4.9 | 3.5 | 2.9 | 1.8 | -28.4% |
| Germany | 3.3 | 3.3 | 4.0 | 1.4 | -24.9% |
| Australia | 1.9 | 3.9 | 1.3 | 0.2 | -52.8% |
| Others | 12.1 | 9.1 | 8.4 | 9.5 | -7.7% |
| Total | 163 | 168 | 127 | 164 | 0.2% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to Japan in 2022:
- United States (8.5K units)
- Mexico (3.3K units)
- China (1.7K units)
- Taiwan (Chinese) (1.2K units)
- United Kingdom (1.2K units)
- Poland (0.9K units)
- France (0.9K units)
- Italy (0.4K units)
- Germany (0.4K units)
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan
In 2022, after three years of growth, there was significant decline in shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, when their volume decreased by -7.3% to 1.4K units. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +16.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +56.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 63% against the previous year. As a result, the exports attained the peak of 1.5K units, and then declined in the following year.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses reduced to $25M in 2022. In general, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. As a result, the exports reached the peak of $28M, and then shrank in the following year.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 4.0 | 2.6 | 6.3 | 7.2 | 21.6% |
| Bangladesh | 0.2 | 2.7 | 2.7 | 2.4 | 128.9% |
| South Korea | 3.1 | 2.2 | 2.0 | 2.3 | -9.5% |
| Hong Kong SAR | 0.5 | 0.5 | 1.1 | 1.8 | 53.3% |
| Thailand | 1.7 | 1.8 | 1.9 | 1.5 | -4.1% |
| France | 0.5 | 0.5 | 1.4 | 1.4 | 40.9% |
| Germany | 0.2 | 0.8 | 0.9 | 1.3 | 86.6% |
| Russia | 4.4 | 3.6 | 4.5 | 0.7 | -45.8% |
| Vietnam | 0.4 | 0.3 | 0.7 | 0.6 | 14.5% |
| Philippines | 0.5 | 0.3 | 0.5 | 0.4 | -7.2% |
| Oman | N/A | N/A | 0.6 | N/A | 0% |
| Others | 3.1 | 3.2 | 5.8 | 5.0 | 17.3% |
| Total | 18.6 | 18.6 | 28.3 | 24.8 | 10.1% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from Japan in 2022:
- United States (873.0 units)
- Bangladesh (75.0 units)
- South Korea (64.0 units)
- Thailand (56.0 units)
- Hong Kong SAR (48.0 units)
- France (34.0 units)
- Germany (32.0 units)
- Vietnam (19.0 units)
- Philippines (17.0 units)
- Russia (15.0 units)
- Oman (1.0 units)
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