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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,244 per unit, which is down by -3.6% against the previous year. In general, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 48%. Over the period under review, average import prices attained the peak figure at $3,168 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($17,156 per unit), while the price for Germany ($504 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+32.0%), 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 Spain (FOB) - 2022

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $5,271 per unit in 2022, with an increase of 176% against the previous year. Over the period under review, the export price, however, recorded a abrupt contraction. The export price peaked at $17,197 per unit in 2012; however, from 2013 to 2022, the 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 Antigua and Barbuda ($18,478 per unit), while the average price for exports to Portugal ($1,020 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 Cayman Islands (-1.5%), while the prices for the other major destinations experienced a decline.

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

In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses imported into Spain expanded significantly to 273K units, with an increase of 11% against 2021 figures. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 79%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses expanded remarkably to $340M in 2022. In general, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Imports peaked at $492M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France56.061.370.488.016.3%
Italy46.350.162.676.018.0%
United Kingdom60.030.324.531.1-19.7%
Belgium6.615.321.124.755.3%
China13.37.519.122.919.9%
Germany21.220.116.821.70.8%
Netherlands6.36.16.115.133.8%
Poland13.59.714.68.3-15.0%
MaltaN/AN/A29.30.1-99.7%
Cayman Islands1672.64.7N/A-83.2%
Others10233.548.452.1-20.1%
Total492237318340-11.6%

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

  1. France (136.7K units)
  2. Italy (44.3K units)
  3. Germany (43.1K units)
  4. Belgium (11.1K units)
  5. Poland (8.8K units)
  6. China (7.8K units)
  7. Netherlands (6.5K units)
  8. United Kingdom (1.8K units)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, when their volume decreased by -45.2% to 64K units. Overall, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by 97%. As a result, the exports reached the peak of 118K units, and then contracted markedly in the following year.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $339M in 2022. Over the period under review, exports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 61%. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Antigua and BarbudaN/AN/AN/A57.60%
France25.427.541.228.43.8%
Italy8.04.810.916.427.0%
United Kingdom10.77.923.615.412.9%
Portugal5.45.07.611.528.7%
Germany4.13.89.64.63.9%
Poland0.50.72.01.026.0%
Others11690.013020420.7%
Total17014022533925.9%

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

  1. France (23.4K units)
  2. Italy (12.5K units)
  3. Portugal (11.2K units)
  4. Germany (3.9K units)
  5. Antigua and Barbuda (3.1K units)
  6. United Kingdom (2.2K units)
  7. Poland (0.8K units)

Source: IndexBox Market Intelligence Platform

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