ASEAN - Motor Boats and Motor Yachts, for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights
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View PricingASEAN: Motor Boat Market 2024
Motor Boat Market Size in ASEAN
The ASEAN motor boat market reduced modestly to $X in 2023, approximately equating the previous year. In general, consumption, however, continues to indicate a noticeable setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.
Motor Boat Production in ASEAN
In value terms, motor boat production rose remarkably to $X in 2023 estimated in export price. In general, production, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a somewhat lower figure.
Motor Boat Exports
Exports in ASEAN
In 2023, after two years of growth, there was decline in shipments abroad of motor boats and motor yachts, for pleasure or sports, when their volume decreased by X% to X units. Over the period under review, exports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The volume of export peaked at X units in 2022, and then reduced slightly in the following year.
In value terms, motor boat exports fell to $X in 2023. Overall, exports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2019 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.
Exports by Country
Singapore (X units) represented roughly X% of total exports in 2023.
Singapore was also the fastest-growing in terms of the motor boats and motor yachts, for pleasure or sports exports, with a CAGR of X% from 2012 to 2023. From 2012 to 2023, the share of Singapore increased by X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Singapore ($X) also remains the largest motor boat supplier in ASEAN.
In Singapore, motor boat exports shrank by an average annual rate of X% over the period from 2012-2023.
Export Prices by Country
In 2023, the export price in ASEAN amounted to $X per unit, almost unchanged from the previous year. Over the period under review, the export price, however, saw a precipitous setback. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2023, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Singapore.
From 2012 to 2023, the rate of growth in terms of prices for Singapore amounted to X% per year.
Motor Boat Imports
Imports in ASEAN
In 2023, motor boat imports in ASEAN shrank modestly to X units, which is down by X% compared with the previous year. Over the period under review, imports showed a noticeable shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports failed to regain momentum.
In value terms, motor boat imports expanded notably to $X in 2023. In general, imports recorded a perceptible decrease. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2023, imports remained at a lower figure.
Imports by Country
Singapore was the main importer of motor boats and motor yachts, for pleasure or sports in ASEAN, with the volume of imports finishing at X units, which was approx. X% of total imports in 2023. Indonesia (X units) took a X% share (based on physical terms) of total imports, which put it in second place, followed by the Philippines (X%). The following importers - Cambodia (X units) and Vietnam (X units) - each amounted to a X% share of total imports.
From 2012 to 2023, average annual rates of growth with regard to motor boat imports into Singapore stood at X%. At the same time, Cambodia (X%), Indonesia (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing importer imported in ASEAN, with a CAGR of X% from 2012-2023. By contrast, Vietnam (X%) illustrated a downward trend over the same period. While the share of Singapore (X p.p.), Indonesia (X p.p.), Cambodia (X p.p.) and the Philippines (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Vietnam (X p.p.) displayed negative dynamics.
In value terms, the largest motor boat importing markets in ASEAN were Singapore ($X), Indonesia ($X) and Vietnam ($X), with a combined X% share of total imports. Cambodia and the Philippines lagged somewhat behind, together accounting for a further X%.
Cambodia, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2023, the import price in ASEAN amounted to $X per unit, surging by X% against the previous year. Import price indicated a tangible expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, motor boat import price increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Vietnam ($X per unit), while the Philippines ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the motor boat market in ASEAN. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30121930 - Motor boats and motor yachts, for pleasure or sports (excluding outboard motor boats)
Country coverage:
- Brunei Darussalam
- Cambodia
- Indonesia
- Lao People's Democratic Republic
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in ASEAN, split by region and country
- Trade (exports and imports) in ASEAN
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Brunei Darussalam
- Cambodia
- Indonesia
- Malaysia
- Myanmar
- Philippines
- Singapore
- Thailand
- Vietnam
- Lao People's Democratic Republic
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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