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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $964 per unit, jumping by 24% against the previous year. Over the period under review, the import price enjoyed a significant increase. The growth pace was the most rapid in 2014 when the average import price increased by 143%. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Bahrain ($4,607 per unit), while the price for China ($88 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+11.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, supplies from abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -48.7% to 1.6K units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 158% against the previous year. As a result, imports reached the peak of 5.4K units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses fell markedly to $1.6M in 2022. In general, imports, however, continue to indicate a pronounced expansion. The pace of growth was the most pronounced in 2020 when imports increased by 198%. As a result, imports attained the peak of $4.4M. 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 Iraq (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bahrain7362,3741,3448113.3%
United Arab Emirates5091,246545457-3.5%
Turkey1092362001336.9%
China38.910611229.7-8.6%
Kuwait8.493.76.328.951.0%
Qatar6.523.986.428.764.1%
Others74.833419992.97.5%
Total1,4834,4142,4921,5812.2%

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

  1. United Arab Emirates (830.0 units)
  2. China (336.0 units)
  3. Bahrain (176.0 units)
  4. Turkey (126.0 units)
  5. Qatar (54.0 units)
  6. Kuwait (33.0 units)

Source: IndexBox Market Intelligence Platform

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