United Kingdom - Ships, Vessels, Ferry-Boats For The Transport Of Persons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingShipping Price in the UK - 2023
Contents:
- Shipping Price in the UK (FOB) - 2022
- Shipping Price in the UK (CIF) - 2022
- Shipping Exports in the UK
- Shipping Imports in the UK
Shipping Price in the UK (FOB) - 2022
In 2022, the average shipping export price amounted to $61,941 per unit, shrinking by -68% against the previous year. Overall, the export price saw a deep downturn. The pace of growth appeared the most rapid in 2019 when the average export price increased by 306% against the previous year. As a result, the export price reached the peak level of $193,903 per unit. From 2020 to 2022, the average 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 Turkey ($660,042 per unit), while the average price for exports to Latvia ($21 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 Turkey (+70.6%), while the prices for the other major destinations experienced more modest paces of growth.
Shipping Price in the UK (CIF) - 2022
The average shipping import price stood at $653 per unit in 2022, dropping by -97.2% against the previous year. In general, the import price recorded a precipitous contraction. The most prominent rate of growth was recorded in 2019 when the average import price increased by 2,923,155%. As a result, import price reached the peak level of $117,114,706 per unit. From 2020 to 2022, the average import prices remained at a 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 Poland ($3,637 per unit), while the price for Latvia ($11 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (-18.1%), while the prices for the other major suppliers experienced a decline.
Shipping Exports in the UK
In 2022, shipping exports from the UK surged to 300 units, with an increase of 1,775% on the year before. Over the period under review, exports showed a significant expansion. The exports peaked at 394 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.
In value terms, shipping exports skyrocketed to $19M in 2022. Overall, exports, however, showed a abrupt setback. The exports peaked at $59M in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
| Export of Shipping in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 8.4 | 0% |
| Turkey | N/A | N/A | N/A | 4.1 | 0% |
| France | N/A | N/A | 2.7 | 2.4 | -11.1% |
| Ireland | N/A | N/A | 0.2 | 0.2 | 0.0% |
| India | N/A | N/A | N/A | 0.1 | 0% |
| Cyprus | 7.7 | 57.3 | N/A | N/A | 644.2% |
| Latvia | N/A | N/A | N/A | N/A | 0% |
| Cuba | 0.1 | N/A | N/A | N/A | 0% |
| Italy | N/A | N/A | N/A | N/A | 0% |
| Others | 20.9 | 1.4 | 0.2 | 3.4 | -45.4% |
| Total | 28.7 | 58.6 | 3.0 | 18.6 | -13.5% |
Top Export Markets for Shipping from the UK in 2022:
- Latvia (166.0 units)
- United States (52.0 units)
- Italy (35.0 units)
- India (13.0 units)
- France (8.0 units)
- Ireland (8.0 units)
- Turkey (6.0 units)
Shipping Imports in the UK
For the fourth consecutive year, the UK recorded growth in supplies from abroad of ships, vessels, ferry-boats for the transport of persons, which increased by 51,744% to 4.7K units in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, shipping imports soared to $3M in 2022. In general, imports, however, faced a dramatic decrease. Over the period under review, imports reached the peak figure at $485M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Shipping in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | N/A | N/A | N/A | 767 | 0% |
| Poland | N/A | N/A | N/A | 520 | 0% |
| Netherlands | N/A | 2,702 | N/A | 310 | -66.1% |
| India | N/A | 1.6 | N/A | 215 | 1059.2% |
| Hong Kong SAR | N/A | N/A | N/A | 6.4 | 0% |
| Latvia | N/A | N/A | N/A | 3.5 | 0% |
| Others | 485,135 | 405,626 | 207 | 1,227 | -86.4% |
| Total | 485,135 | 408,329 | 207 | 3,048 | -81.5% |
Top Suppliers of Shipping to the UK in 2022:
- India (2920.0 units)
- Italy (634.0 units)
- Hong Kong SAR (330.0 units)
- Latvia (310.0 units)
- Netherlands (257.0 units)
- Poland (143.0 units)
This report provides an in-depth analysis of the shipping market in the UK. 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 30112130 - Cruise vessels
- Prodcom 30112150 - Ferries
Country coverage:
- United Kingdom
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the UK
- 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
-
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
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- 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 -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- 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
- 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 Of Origin, 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, By Country Of Destination, 2012–2023
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