Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Bahrain - 2022
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Bahrain (CIF) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Bahrain (FOB) - 2022
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Bahrain
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Bahrain
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Bahrain (CIF) - 2022
The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $7,045 per unit in 2022, rising by 24% against the previous year. Over the period under review, the import price, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2014 an increase of 119% against the previous year. Over the period under review, average import prices attained the peak figure at $10,041 per unit in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.
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 Arab Emirates ($30,159 per unit), while the price for China ($385 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.0%), 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 Bahrain (FOB) - 2022
In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $5,672 per unit, growing by 6.2% against the previous year. Over the period under review, the export price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2019 when the average export price increased by 34%. As a result, the export price attained the peak level of $12,873 per unit. From 2020 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($40,383 per unit), while the average price for exports to Saudi Arabia ($2,088 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 the United States (+39.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Bahrain
In 2022, supplies from abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -22.3% to 1.2K units, falling for the second consecutive year after two years of growth. In general, imports, however, continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 317% against the previous year. As a result, imports attained the peak of 2.6K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses reduced modestly to $8.3M in 2022. Overall, imports, however, showed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 515% against the previous year. As a result, imports reached the peak of $26M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 0.8 | 1.2 | 3.7 | 3.5 | 63.6% |
| United Arab Emirates | 1.3 | 1.0 | 1.3 | 1.7 | 9.4% |
| Italy | 1.1 | 1.9 | 0.6 | 1.0 | -3.1% |
| Mexico | 0.5 | 0.6 | 0.7 | 0.7 | 11.9% |
| China | 0.1 | 0.2 | 0.3 | 0.3 | 44.2% |
| Canada | 0.1 | N/A | 0.1 | 0.1 | 0.0% |
| Japan | N/A | N/A | 0.1 | 0.1 | 0.0% |
| United Kingdom | N/A | 20.2 | 0.1 | N/A | -99.5% |
| Others | 0.2 | 0.8 | 1.6 | 0.9 | 65.1% |
| Total | 4.2 | 25.9 | 8.7 | 8.3 | 25.5% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to Bahrain in 2022:
- China (694.0 units)
- United States (226.0 units)
- Mexico (100.0 units)
- United Arab Emirates (58.0 units)
- Japan (28.0 units)
- Canada (27.0 units)
- Italy (16.0 units)
- United Kingdom (1.0 units)
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Bahrain
In 2022, shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -79.6% to 295 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 547%. Over the period under review, the exports of attained the maximum at 1.4K units in 2021, and then contracted dramatically in the following year.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses dropped dramatically to $1.7M in 2022. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 326%. As a result, the exports attained the peak of $8.7M. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Bahrain (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | 0.6 | 2.6 | 3.0 | 0.5 | -5.9% |
| Kuwait | 0.5 | 2.8 | 2.1 | 0.5 | 0.0% |
| United Arab Emirates | 0.8 | 0.2 | 0.7 | 0.4 | -20.6% |
| Qatar | N/A | N/A | N/A | 0.2 | 0% |
| Iraq | N/A | 3.0 | 1.1 | N/A | -63.3% |
| Others | 0.1 | N/A | 0.8 | 0.1 | 0.0% |
| Total | 2.0 | 8.7 | 7.7 | 1.7 | -5.3% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from Bahrain in 2022:
- Saudi Arabia (249.0 units)
- Kuwait (17.0 units)
- Qatar (11.0 units)
- United Arab Emirates (10.0 units)
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