SADC: Inflatable Vessel Market 2024

Inflatable Vessel Market Size in SADC

The SADC inflatable vessel market amounted to $X in 2023, picking up by X% against the previous year. Overall, consumption, however, posted a prominent increase. The level of consumption peaked at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Inflatable Vessel Production in SADC

In value terms, inflatable vessel production amounted to $X in 2023 estimated in export price. Over the period under review, production, however, showed a remarkable increase. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, production reached the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Inflatable Vessel Exports

Exports in SADC

In 2023, approx. X units of inflatable vessels for pleasure or sports were exported in SADC; flattening at the previous year's figure. Over the period under review, exports, however, recorded a significant curtailment. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2015; however, from 2016 to 2023, the exports failed to regain momentum.

In value terms, inflatable vessel exports shrank rapidly to $X in 2023. In general, exports, however, faced a dramatic setback. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of export peaked at $X in 2017; however, from 2018 to 2023, the exports remained at a lower figure.

Exports by Country

Mauritius prevails in exports structure, finishing at X units, which was near X% of total exports in 2023. Namibia (X units), Angola (X units), Seychelles (X units) and Botswana (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to inflatable vessel exports from Mauritius stood at X%. At the same time, Seychelles (X%) displayed positive paces of growth. Moreover, Seychelles emerged as the fastest-growing exporter exported in SADC, with a CAGR of X% from 2012-2023. By contrast, Angola (X%), Botswana (X%) and Namibia (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.), Seychelles (X p.p.), Angola (X p.p.) and Namibia (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest inflatable vessel supplying countries in SADC were Mauritius ($X), Namibia ($X) and Angola ($X), with a combined X% share of total exports.

Among the main exporting countries, Angola, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2023, the export price in SADC amounted to $X per unit, shrinking by X% against the previous year. In general, the export price recorded a perceptible decline. The growth pace was the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per unit in 2020; however, from 2021 to 2023, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Namibia ($X per unit), while Mauritius ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Namibia (X%), while the other leaders experienced mixed trends in the export price figures.

Inflatable Vessel Imports

Imports in SADC

In 2023, approx. X units of inflatable vessels for pleasure or sports were imported in SADC; growing by X% against 2022. Overall, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, inflatable vessel imports shrank to $X in 2023. In general, imports, however, saw a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

Mauritius prevails in imports structure, reaching X units, which was approx. X% of total imports in 2023. Angola (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Namibia (X%) and Botswana (X%). The following importers - Seychelles (X units) and Malawi (X units) - together made up X% of total imports.

Mauritius was also the fastest-growing in terms of the inflatable vessels for pleasure or sports imports, with a CAGR of X% from 2012 to 2023. At the same time, Malawi (X%) displayed positive paces of growth. By contrast, Botswana (X%), Namibia (X%), Angola (X%) and Seychelles (X%) illustrated a downward trend over the same period. While the share of Mauritius (X p.p.), Angola (X p.p.), Botswana (X p.p.), Namibia (X p.p.) and Malawi (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mauritius ($X) constitutes the largest market for imported inflatable vessels for pleasure or sports in SADC, comprising X% of total imports. The second position in the ranking was held by Seychelles ($X), with a X% share of total imports. It was followed by Botswana, with a X% share.

In Mauritius, inflatable vessel imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Seychelles (X% per year) and Botswana (X% per year).

Import Prices by Country

In 2023, the import price in SADC amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price, however, saw resilient growth. The most prominent rate of growth was recorded in 2022 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit, and then reduced in the following year.

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 Seychelles ($X per unit), while Namibia ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Seychelles (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform