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

Contents:

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

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

The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $6,790 per unit in 2022, increasing by 20% against the previous year. Overall, the import price showed strong growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 71%. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($54,867 per unit), while the price for France ($1,749 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 (+38.9%), 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 Morocco (FOB) - 2022

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $3,225 per unit in 2022, increasing by 26% against the previous year. In general, the export price, however, faced a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of 351% against the previous year. The export price peaked at $12,515 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Spain.

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to -6.2% per year.

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

Imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into Morocco shrank markedly to 4K units in 2022, with a decrease of -21.5% compared with the year before. Overall, imports faced a abrupt curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 48% against the previous year. Imports peaked at 6K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses contracted to $27M in 2022. In general, imports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 152%. As a result, imports reached the peak of $29M, and then reduced in the following year.

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

1. France (1335.0 units)
2. Germany (654.0 units)
3. United States (552.0 units)
4. Netherlands (388.0 units)
5. Portugal (278.0 units)
6. Australia (195.0 units)
7. Italy (103.0 units)
8. Spain (96.0 units)
9. China (56.0 units)

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

In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses exported from Morocco was estimated at 8 units, almost unchanged from 2021. In general, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 700% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $26K in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,214%. As a result, the exports attained the peak of $60K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Spain (8.0 units)

Source: IndexBox Market Intelligence Platform