Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Costa Rica - 2022

Contents:

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

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

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $7,333 per unit in 2022, with a decrease of -21.4% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 when the average export price increased by 96% against the previous year. As a result, the export price attained the peak level of $22,428 per unit. From 2017 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 Panama ($10,698 per unit), while the average price for exports to France ($1,282 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 UK (+52.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,055 per unit, picking up by 4.1% against the previous year. Over the period under review, the import price, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2014 when the average import price increased by 84%. As a result, import price reached the peak level of $5,225 per unit. From 2015 to 2022, the average import prices remained 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 Turkey ($3,670 per unit), while the price for Panama ($275 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (+18.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

Exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from Costa Rica surged to 626 units in 2022, growing by 218% compared with the previous year. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 247% against the previous year. As a result, the exports attained the peak of 638 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $4.6M in 2022. In general, exports continue to indicate a significant increase. The growth pace was the most rapid in 2020 when exports increased by 342%. As a result, the exports attained the peak of $7.9M. 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 Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia19.76,4251,3693,024435.4%
United States3463231061,17050.1%
United Kingdom65.214130.066.30.6%
Chile72.314629.160.1-6.0%
Panama1,02913.015621.4-72.5%
BahamasN/A303N/AN/A0%
Others250521147249-0.1%
Total1,7827,8721,8384,59037.1%

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

  1. Colombia (412.0 units)
  2. United States (157.0 units)
  3. United Kingdom (10.0 units)
  4. Chile (9.0 units)
  5. Panama (2.0 units)

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

In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses imported into Costa Rica shrank to 2.8K units, reducing by -8.6% on 2021. In general, imports, however, posted a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 104% against the previous year. As a result, imports attained the peak of 3.1K units, and then dropped in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses shrank slightly to $3M in 2022. Over the period under review, imports continue to indicate a abrupt slump. The pace of growth appeared the most rapid in 2021 when imports increased by 27% against the previous year. Over the period under review, imports of attained the peak figure at $4.8M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Costa Rica (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States4,0591,1301,4391,105-35.2%
Mexico21320039147130.3%
China18812623536624.9%
Brazil0.62.011.3260656.7%
Turkey122N/A130121-0.3%
Panama60.91.40.316.0-36.0%
Italy1.16013410.4-28.6%
Others18538856061849.5%
Total4,8302,4473,1082,957-15.1%

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

  1. China (971.0 units)
  2. United States (844.0 units)
  3. Brazil (511.0 units)
  4. Mexico (257.0 units)
  5. Panama (58.0 units)
  6. Turkey (33.0 units)
  7. Italy (1.0 units)

Source: IndexBox Market Intelligence Platform

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