Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Azerbaijan - 2024

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $17,219 per unit, rising by 312% against the previous year. Over the period under review, the import price enjoyed prominent growth. As a result, import price attained 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 the United States ($45,761 per unit), while the price for Ukraine ($91 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+27.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $78,183 per unit, surging by 38,991% against the previous year. Overall, the export price enjoyed a significant increase. Over the period under review, the average export prices attained the peak figure at $90,000 per unit in 2015; however, from 2016 to 2022, the export prices remained at a 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 Turkey ($100,000 per unit), while the average price for exports to France amounted to $56,365 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+672.3%).

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

In 2022, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into Azerbaijan soared to 198 units, rising by 74% against the year before. Overall, imports continue to indicate a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $3.4M in 2022. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

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

1. Italy (54.0 units)
2. China (49.0 units)
3. Russia (45.0 units)
4. United States (34.0 units)
5. Turkey (7.0 units)
6. Spain (4.0 units)

Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Azerbaijan

In 2022, overseas shipments of yachts and other vessels; for pleasure or sports, rowing boats and canoeses increased by 100% to 2 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a sharp slump. The exports peaked at 6 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses skyrocketed to $156K in 2022. Over the period under review, exports, however, continue to indicate a abrupt slump. Over the period under review, the exports of attained the maximum at $255K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

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

1. Turkey (1.0 units)
2. France (1.0 units)

Source: IndexBox Market Intelligence Platform