Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Estonia - 2023

Contents:

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

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

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,901 per unit in 2022, increasing by 10% against the previous year. In general, the export price, however, continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2013 an increase of 31% against the previous year. As a result, the export price attained the peak level of $5,078 per unit. From 2014 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 Sweden ($5,825 per unit), while the average price for exports to Italy ($228 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 Greenland (+7.6%), 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 Estonia (CIF) - 2022

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $4,501 per unit, waning by -8.9% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 39% against the previous year. The import price peaked at $6,615 per unit in 2016; however, from 2017 to 2022, 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 the UK ($75,070 per unit), while the price for Lithuania ($968 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+25.3%), 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 Estonia

In 2022, after three years of growth, there was decline in overseas shipments of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, when their volume decreased by -3.1% to 14K units. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.3% against 2019 indices. The pace of growth appeared the most rapid in 2020 when exports increased by 45% against the previous year. Over the period under review, the exports of attained the maximum at 15K units in 2021, and then contracted modestly in the following year.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses rose significantly to $27M in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 18% against the previous year. As a result, the exports attained the peak of $27M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Italy (2.8K units)
2. Sweden (2.8K units)
3. Norway (2.4K units)
4. Germany (1.6K units)
5. Turkey (1.0K units)
6. Denmark (0.6K units)
7. Japan (0.6K units)
8. Netherlands (0.4K units)
9. Canada (0.3K units)
10. Australia (0.2K units)
11. Finland (0.2K units)
12. Latvia (0.2K units)
13. Greenland (0.2K units)

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

In 2022, supplies from abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -9.9% to 3.7K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +15.4% 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 +53.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 43%. As a result, imports attained the peak of 4.1K units, and then dropped in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses declined remarkably to $17M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +16.7% 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 +59.1% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of $20M, and then reduced notably in the following year.

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

1. Russia (1152.0 units)
2. Lithuania (710.0 units)
3. Finland (521.0 units)
4. Latvia (484.0 units)
5. Ukraine (269.0 units)
6. Belgium (158.0 units)
7. Netherlands (136.0 units)
8. Norway (54.0 units)

Source: IndexBox Market Intelligence Platform