Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Vietnam - 2022

Contents:

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

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

In December 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $369K per unit, picking up by 589% against the previous month. Over the period under review, the export price showed a strong increase. The most prominent rate of growth was recorded in September 2022 an increase of 1,872% against the previous month. As a result, the export price reached the peak level of $1.2M per unit. From October 2022 to December 2022, the the average export prices remained at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In December 2022, the country with the highest price was Australia ($259K per unit), while the average price for exports to Thailand ($212K per unit) was amongst the lowest.

From January 2022 to December 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+8.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,174 per unit, with a decrease of -22.8% against the previous year. Over the period under review, the import price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2015 when the average import price increased by 84%. Over the period under review, average import prices reached the maximum at $4,914 per unit in 2019; however, from 2020 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 Poland ($4,636 per unit), while the price for New Zealand ($202 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth year in a row, Vietnam recorded growth in overseas shipments of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which increased by 72% to 11K units in 2022. Over the period under review, exports recorded 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 skyrocketed to $27M in 2022. Overall, exports continue to indicate a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

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

1. Nigeria (5978.0 units)
2. United States (1105.0 units)
3. Indonesia (609.0 units)
4. Canada (462.0 units)
5. Malaysia (449.0 units)
6. Croatia (362.0 units)
7. Greece (356.0 units)
8. Australia (264.0 units)
9. Singapore (255.0 units)
10. Switzerland (246.0 units)
11. Austria (63.0 units)
12. Turkey (19.0 units)
13. Cambodia (2.0 units)

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

In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses imported into Vietnam soared to 6.6K units, rising by 63% against the year before. Overall, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 181% against the previous year. As a result, imports attained the peak of 6.7K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $7.7M in 2022. In general, imports, however, recorded a abrupt setback. Imports peaked at $12M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. Turkey (1547.0 units)
2. Mexico (660.0 units)
3. Finland (592.0 units)
4. China (574.0 units)
5. Malaysia (448.0 units)
6. Thailand (421.0 units)
7. France (311.0 units)
8. New Zealand (297.0 units)
9. Poland (295.0 units)
10. Italy (260.0 units)
11. Taiwan (Chinese) (211.0 units)
12. Belgium (187.0 units)
13. United States (156.0 units)

Source: IndexBox Market Intelligence Platform