Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Greece - 2023

Contents:

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

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

The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $5,218 per unit in 2022, picking up by 89% against the previous year. In general, the import price enjoyed mild growth. The import price peaked at $7,634 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($66,352 per unit), while the price for Denmark ($178 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+32.9%), 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 Greece (FOB) - 2022

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $39,208 per unit in 2022, waning by -32.9% against the previous year. In general, the export price recorded a noticeable curtailment. The growth pace was the most rapid in 2016 an increase of 94% against the previous year. The export price peaked at $78,002 per unit in 2019; however, from 2020 to 2022, the 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 States ($130,889 per unit), while the average price for exports to Cyprus ($4,405 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 Malta (+14.5%), 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 Greece

In 2022, supplies from abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -23.2% to 40K units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 171%. As a result, imports reached the peak of 67K 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 soared to $209M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +23.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.3% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom2.73.811.258.1178.1%
France64.666.851.545.2-11.2%
Italy2.13.713.929.3140.7%
Cayman Islands0.11.29.115.1432.5%
Marshall Islands0.18.68.38.2334.4%
China2.02.22.66.245.8%
Belgium2.01.01.51.8-3.5%
Turkey12.16.44.20.8-59.6%
Denmark0.11.30.40.681.7%
Others26.755.741.344.118.2%
Total11215114420923.1%

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

  1. France (26.8K units)
  2. Denmark (3.6K units)
  3. Cayman Islands (1.9K units)
  4. Italy (1.7K units)
  5. Marshall Islands (1.0K units)
  6. United Kingdom (0.9K units)
  7. China (0.8K units)
  8. Belgium (0.7K units)
  9. Turkey (0.1K units)

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

For the fourth consecutive year, Greece recorded growth in shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which increased by 44% to 2.3K units in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 115% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses dropped modestly to $92M in 2022. In general, exports posted strong growth. The pace of growth appeared the most rapid in 2021 when exports increased by 102%. As a result, the exports reached the peak of $95M, and then reduced in the following year.

Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Greece (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4.17.021.222.776.9%
United States2.66.310.319.495.4%
United Kingdom0.31.36.55.9169.9%
Switzerland0.50.71.14.9114.0%
Germany1.72.23.03.830.8%
Marshall Islands2.40.67.53.07.7%
France0.81.11.02.648.1%
Malta0.11.91.61.5146.6%
Cyprus2.60.31.61.0-27.3%
Spain0.10.30.81.0115.4%
Romania0.51.20.40.817.0%
United Arab Emirates0.6N/AN/A0.75.3%
Albania0.30.20.50.626.0%
Others41.424.039.623.9-16.7%
Total57.847.195.291.916.7%

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

  1. Turkey (293.0 units)
  2. Switzerland (282.0 units)
  3. Cyprus (231.0 units)
  4. Germany (158.0 units)
  5. United States (148.0 units)
  6. United Kingdom (143.0 units)
  7. Spain (130.0 units)
  8. Albania (124.0 units)
  9. France (99.0 units)
  10. Romania (80.0 units)
  11. Malta (78.0 units)
  12. Marshall Islands (51.0 units)
  13. United Arab Emirates (50.0 units)

Source: IndexBox Market Intelligence Platform

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