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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $3,639 per unit, surging by 7.7% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 19% against the previous year. Over the period under review, average import prices hit record highs at $4,342 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Mexico ($3,701 per unit) and the United States ($3,694 per unit), while the price for Thailand ($2,729 per unit) and the UK ($3,448 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belize (+10.4%), 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 Guatemala (FOB) - 2022

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $10,715 per unit in 2022, growing by 102% against the previous year. Over the period under review, the export price posted a notable expansion. The pace of growth appeared the most rapid in 2014 an increase of 105%. The export price peaked in 2022 and is expected to retain growth in the near future.

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 El Salvador ($25,154 per unit), while the average price for exports to the United States ($500 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 El Salvador (+17.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

After three years of growth, purchases abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -15% to 3.8K units in 2022. In general, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 155%. As a result, imports attained the peak of 4.5K units, and then declined sharply in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses dropped to $14M in 2022. Overall, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 128%. As a result, imports reached the peak of $15M, and then fell in the following year.

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

1. United States (3296.0 units)
2. Mexico (268.0 units)
3. Thailand (93.0 units)
4. United Kingdom (58.0 units)

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

After two years of decline, overseas shipments of yachts and other vessels; for pleasure or sports, rowing boats and canoeses increased by 25% to 5 units in 2022. In general, exports, however, faced a sharp descent. The exports peaked at 402 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses skyrocketed to $54K in 2022. Overall, exports, however, showed a dramatic downturn. The exports peaked at $1.2M 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 Guatemala in 2022:

1. Belize (2.0 units)
2. United States (1.0 units)
3. El Salvador (1.0 units)
4. Honduras (1.0 units)

Source: IndexBox Market Intelligence Platform