Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United States - 2024

Contents:

1. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United States (FOB) - 2022
2. Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United States (CIF) - 2022
3. Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United States
4. Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United States

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United States (FOB) - 2022

The average export price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $2,436,410 per unit in 2022, picking up by 22% against the previous year. Over the period under review, the export price, however, showed a pronounced descent. The growth pace was the most rapid in 2014 an increase of 67%. As a result, the export price reached the peak level of $5,622,463 per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($6,932,784 per unit), while the average price for exports to Argentina ($7,524 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 Bermuda (+81.2%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United States (CIF) - 2022

In 2022, the average import price for vessels; other, including warships and lifeboats, other than rowing boatses amounted to $3,237,995 per unit, surging by 257% against the previous year. Over the period under review, the import price continues to indicate a buoyant expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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 Germany ($11,216,267 per unit), while the price for Ireland ($3,200 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (+40.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United States

In 2022, after three years of growth, there was decline in shipments abroad of vessels; other, including warships and lifeboats, other than rowing boatses, when their volume decreased by -3% to 96 units. The total export volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 7.6% against the previous year. As a result, the exports reached the peak of 99 units, and then shrank modestly in the following year.

In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses surged to $234M in 2022. The total export value increased at an average annual rate of +4.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from the United States in 2022:

1. Bahrain (1.0 units)
2. Brazil (1.0 units)
3. Australia (1.0 units)
4. Bangladesh (1.0 units)
5. Azerbaijan (1.0 units)
6. Bahamas (1.0 units)
7. Austria (1.0 units)
8. Bermuda (1.0 units)
9. Antigua and Barbuda (1.0 units)
10. Belgium (1.0 units)
11. Argentina (1.0 units)
12. Bolivia (1.0 units)
13. Barbados (1.0 units)

Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in the United States

In 2022, approx. 31 units of vessels; other, including warships and lifeboats, other than rowing boatses were imported into the United States; dropping by -8.8% against 2021. Overall, imports continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 21% against the previous year. As a result, imports reached the peak of 34 units, and then contracted in the following year.

In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses soared to $100M in 2022. In general, imports, however, saw a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to the United States in 2022:

1. Canada (1.0 units)
2. Brazil (1.0 units)
3. Australia (1.0 units)
4. Colombia (1.0 units)
5. Iceland (1.0 units)
6. France (1.0 units)
7. Austria (1.0 units)
8. Germany (1.0 units)
9. Ireland (1.0 units)
10. Greece (1.0 units)
11. China (1.0 units)
12. Denmark (1.0 units)
13. Bulgaria (1.0 units)

Source: IndexBox Market Intelligence Platform