Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Australia - 2024

Contents:

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

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

The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,884 per unit in 2022, increasing by 18% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 50%. The import price peaked at $1,916 per unit in 2013; afterwards, it flattened through to 2022.

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 Taiwan (Chinese) ($30,077 per unit), while the price for Indonesia ($175 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+18.9%), 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 Australia (FOB) - 2022

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $8,605 per unit in 2022, rising by 7.9% against the previous year. In general, the export price saw buoyant growth. The growth pace was the most rapid in 2017 an increase of 127% against the previous year. The export price peaked at $14,465 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat 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 New Caledonia ($35,528 per unit), while the average price for exports to Taiwan (Chinese) ($523 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 New Caledonia (+24.7%), 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 Australia

In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses imported into Australia fell to 326K units, waning by -2% on 2021 figures. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.4% 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 +47.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 50%. As a result, imports attained the peak of 332K units, and then fell slightly in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $614M in 2022. Overall, imports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 74%. Over the period under review, imports of reached the maximum 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 Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico43.530.849.095.730.1%
United States62.152.470.592.714.3%
China29.932.158.258.525.1%
France25.822.228.841.216.9%
Italy52.049.287.239.3-8.9%
New Zealand16.515.630.337.131.0%
Poland10.811.415.225.332.8%
Japan0.50.70.612.0188.4%
South Africa2.47.28.411.166.6%
Thailand0.30.71.72.191.3%
Canada7.91.12.61.7-40.1%
Indonesia0.40.60.81.451.8%
Others10080.017719625.1%
Total35230453061420.4%

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

  1. United States (130.8K units)
  2. Mexico (49.2K units)
  3. China (28.7K units)
  4. New Zealand (24.9K units)
  5. Japan (14.5K units)
  6. Poland (13.9K units)
  7. Indonesia (7.9K units)
  8. France (7.9K units)
  9. South Africa (7.0K units)
  10. Italy (6.3K units)
  11. Thailand (6.0K units)
  12. Canada (2.3K units)

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

In 2022, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from Australia surged to 51K units, rising by 103% on 2021 figures. Overall, exports enjoyed a significant increase. As a result, the exports attained 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 surged to $435M in 2022. In general, exports showed a remarkable increase. As a result, the exports reached the peak 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 Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States57.780.985.616742.5%
Singapore8.03.21.690.6124.6%
Maldives0.5N/AN/A46.2352.1%
New Zealand61.161.578.042.1-11.7%
Fiji0.31.40.723.9330.3%
French Polynesia0.80.50.721.1197.7%
Spain1.37.90.314.7124.5%
New Caledonia7.00.70.62.7-27.2%
Japan2.57.61.20.5-41.5%
China2.64.84.80.4-46.4%
Philippines4.50.14.70.2-64.6%
France78.811.62.90.1-89.2%
Others38.724.817.425.7-12.8%
Total26420519843518.1%

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

  1. French Polynesia (17.0K units)
  2. Singapore (9.4K units)
  3. United States (7.8K units)
  4. New Zealand (6.7K units)
  5. Maldives (5.7K units)
  6. Spain (1.0K units)
  7. Fiji (0.8K units)
  8. Japan (0.2K units)
  9. New Caledonia (0.1K units)

Source: IndexBox Market Intelligence Platform

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