Price for Sailboards for Water Sport in Vietnam - 2022

Contents:

  1. Price for Sailboards for Water Sport in Vietnam (FOB) - 2022
  2. Price for Sailboards for Water Sport in Vietnam (CIF) - 2022
  3. Exports of Sailboards for Water Sport in Vietnam
  4. Imports of Sailboards for Water Sport in Vietnam

Price for Sailboards for Water Sport in Vietnam (FOB) - 2022

The average sailboards for water sport export price stood at $321 per unit in 2022, shrinking by -19.7% against the previous year. Overall, the export price showed a noticeable setback. The pace of growth was the most pronounced in 2015 when the average export price increased by 49%. As a result, the export price reached the peak level of $654 per unit. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($853 per unit), while the average price for exports to Sweden ($75 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 Germany (+10.2%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Sailboards for Water Sport in Vietnam (CIF) - 2022

The average sailboards for water sport import price stood at $179 per unit in 2022, remaining stable against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 103%. Over the period under review, average import prices reached the maximum at $281 per unit in 2015; however, from 2016 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 Australia ($337 per unit), while the price for the United States ($31 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Sailboards for Water Sport in Vietnam

In 2022, approx. 8.7K units of sailboards for water sport were exported from Vietnam; rising by 7.7% on the previous year's figure. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 53%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, sailboards for water sport exports fell to $2.8M in 2022. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +10.7% 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 +35.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 37% against the previous year. As a result, the exports reached the peak of $3.2M, and then reduced in the following year.

Export of Sailboards for Water Sport in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10636222654973.0%
Netherlands85.615526536161.6%
Sweden622427493316-20.2%
United Kingdom96.359.260.623033.7%
France239147364167-11.3%
Qatar92.998.619587.6-1.9%
Japan11717131787.6-9.2%
United States11.020.53.572.687.6%
Others6959161,31592910.2%
Total2,0652,3583,2402,79910.7%

Top Export Markets for Sailboards for Water Sport from Vietnam in 2022:

  1. Sweden (4221.0 units)
  2. France (1528.0 units)
  3. Germany (831.0 units)
  4. Netherlands (423.0 units)
  5. United Kingdom (405.0 units)
  6. United States (337.0 units)
  7. Qatar (144.0 units)
  8. Japan (144.0 units)

Imports of Sailboards for Water Sport in Vietnam

In 2022, after two years of decline, there was significant growth in supplies from abroad of sailboards for water sport, when their volume increased by 919% to 265 units. Overall, imports, however, showed a abrupt downturn. Over the period under review, imports hit record highs at 417 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, sailboards for water sport imports skyrocketed to $47K in 2022. Over the period under review, imports, however, saw a abrupt slump. Imports peaked at $90K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Sailboards for Water Sport in Vietnam (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.83.81.813.970.6%
Australia8.721.41.211.49.4%
Netherlands9.412.40.99.40.0%
France13.57.7N/A4.1-32.8%
South Korea2.83.10.21.6-17.0%
United States11.72.50.11.0-56.0%
Bulgaria4.2N/AN/AN/A0%
Others4.739.20.55.97.9%
Total57.990.14.747.4-6.5%

Top Suppliers of Sailboards for Water Sport to Vietnam in 2022:

  1. China (122.0 units)
  2. Australia (34.0 units)
  3. United States (33.0 units)
  4. France (29.0 units)
  5. Netherlands (28.0 units)
  6. South Korea (13.0 units)

Source: IndexBox Market Intelligence Platform

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Free Data: Sailboards; for water sport - Vietnam