Price for Sailboards for Water Sport in Saudi Arabia - 2021
Contents:
- Price for Sailboards for Water Sport in Saudi Arabia (CIF) - 2022
- Imports of Sailboards for Water Sport in Saudi Arabia
Price for Sailboards for Water Sport in Saudi Arabia (CIF) - 2022
In 2022, the average sailboards for water sport import price amounted to $381 per unit, with an increase of 45% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2019 an increase of 49%. As a result, import price reached the peak level of $613 per unit. From 2020 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($286 per unit) and Spain ($286 per unit), while the price for the Netherlands ($283 per unit) and Italy ($285 per unit) were amongst the lowest.
From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Bahrain (+736.1%), while the prices for the other major suppliers experienced a decline.
Imports of Sailboards for Water Sport in Saudi Arabia
In 2022, overseas purchases of sailboards for water sport decreased by -50.2% to 658 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, enjoyed significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 344%. As a result, imports reached the peak of 1.3K units, and then dropped dramatically in the following year.
In value terms, sailboards for water sport imports contracted remarkably to $251K in 2022. Over the period under review, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 123% against the previous year. As a result, imports attained the peak of $346K, and then dropped dramatically in the following year.
| Import of Sailboards for Water Sport in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.5 | 30.9 | 79.9 | 159 | 86.5% |
| Spain | N/A | N/A | 8.1 | 21.1 | 160.5% |
| Italy | 28.5 | 3.0 | 6.9 | 5.2 | -43.3% |
| Netherlands | N/A | N/A | 35.7 | 1.0 | -97.2% |
| United Kingdom | 8.2 | 3.4 | 7.9 | N/A | -1.8% |
| United Arab Emirates | N/A | N/A | 9.6 | N/A | 0% |
| Portugal | N/A | N/A | 17.4 | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | 10.2 | N/A | 0% |
| Australia | 32.8 | 10.7 | N/A | N/A | -67.4% |
| United States | 26.5 | 65.8 | 98.4 | N/A | 92.7% |
| Bahrain | N/A | N/A | 60.0 | N/A | 0% |
| Others | 6.4 | 41.4 | 11.9 | 64.7 | 116.2% |
| Total | 127 | 155 | 346 | 251 | 25.5% |
Top Suppliers of Sailboards for Water Sport to Saudi Arabia in 2022:
- China (555.0 units)
- Spain (74.0 units)
- Italy (18.0 units)
- Netherlands (4.0 units)
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