Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United States - 2024
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United States (CIF) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United States (FOB) - 2022
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United States
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United States
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United States (CIF) - 2022
In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $2,716 per unit, with an increase of 7.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The growth pace was the most rapid in 2015 an increase of 25% against the previous year. Over the period under review, average import prices attained the maximum at $3,422 per unit in 2016; however, from 2017 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 France ($15,099 per unit), while the price for Canada ($251 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.2%), while the prices for the other major suppliers experienced a decline.
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United States (FOB) - 2022
In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $13,749 per unit, increasing by 19% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 22%. The export price peaked at $17,814 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mexico ($21,999 per unit), while the average price for exports to the Netherlands ($6,850 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 the UK (+10.1%), 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 the United States
For the fourth year in a row, the United States recorded growth in overseas purchases of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which increased by 8.7% to 1.2M units in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +22.3% 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 +82.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. Over the period under review, imports of reached the maximum 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 skyrocketed to $3.2B in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +55.4% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 461 | 377 | 600 | 772 | 18.8% |
| United Kingdom | 197 | 164 | 242 | 229 | 5.1% |
| Canada | 130 | 146 | 192 | 159 | 6.9% |
| China | 91.6 | 103 | 133 | 148 | 17.3% |
| Thailand | 7.4 | 6.6 | 8.8 | 12.3 | 18.5% |
| Others | 1,166 | 1,267 | 1,557 | 1,871 | 17.1% |
| Total | 2,053 | 2,064 | 2,732 | 3,190 | 15.8% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to the United States in 2022:
- Canada (633.7K units)
- Mexico (253.7K units)
- United Kingdom (82.7K units)
- China (38.5K units)
- Thailand (37.0K units)
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United States
In 2022, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from the United States declined to 153K units, stabilizing at the year before. Over the period under review, exports, however, continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 94% against the previous year. As a result, the exports attained the peak of 155K 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 surged to $2.1B in 2022. The total export value increased at an average annual rate of +7.5% over the period 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 2021 when exports increased by 26%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | 495 | 404 | 821 | 849 | 19.7% |
| Mexico | 221 | 217 | 185 | 177 | -7.1% |
| Australia | 59.7 | 69.3 | 89.9 | 92.0 | 15.5% |
| Japan | 60.2 | 73.3 | 38.5 | 54.5 | -3.3% |
| Netherlands | 48.3 | 22.4 | 18.8 | 40.9 | -5.4% |
| Germany | 28.8 | 26.6 | 25.2 | 33.1 | 4.7% |
| France | 23.4 | 17.7 | 15.7 | 31.2 | 10.1% |
| Others | 758 | 593 | 603 | 826 | 2.9% |
| Total | 1,694 | 1,423 | 1,797 | 2,104 | 7.5% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from the United States in 2022:
- Canada (94.8K units)
- Mexico (8.1K units)
- Australia (6.6K units)
- Netherlands (6.0K units)
- Japan (4.9K units)
- Germany (3.2K units)
- France (3.1K units)
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