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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,163 per unit, falling by -19.6% against the previous year. Over the period under review, the import price, however, enjoyed a tangible expansion. The pace of growth appeared the most rapid in 2019 when the average import price increased by 112%. The import price peaked at $2,948 per unit in 2016; however, from 2017 to 2022, import prices stood 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 Thailand ($8,601 per unit), while the price for the UK ($34 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+32.2%), 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 Nepal (FOB) - 2022

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $128 per unit, approximately reflecting the previous year. In general, the export price saw a significant expansion. The growth pace was the most rapid in 2019 a decrease of -54.1% against the previous year. The export price peaked at $1,000 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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

From 2015 to 2022, the rate of growth in terms of prices for Canada amounted to -36.3% per year.

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

In 2022, overseas purchases of yachts and other vessels; for pleasure or sports, rowing boats and canoeses were finally on the rise to reach 22 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a precipitous curtailment. Over the period under review, imports of attained the maximum at 229 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 expanded modestly to $26K in 2022. Overall, imports, however, faced a significant decline. Over the period under review, imports of hit record highs at $555K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

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

1. China (5.0 units)
2. Germany (4.0 units)
3. Myanmar (3.0 units)
4. India (3.0 units)
5. United Kingdom (1.0 units)
6. Taiwan (Chinese) (1.0 units)
7. France (1.0 units)
8. United States (1.0 units)
9. Japan (1.0 units)
10. South Korea (1.0 units)
11. Thailand (1.0 units)

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

In 2022, after two years of decline, there was decline in overseas shipments of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, when their volume decreased by 0% to 1 units. In general, exports saw a sharp reduction. The smallest decline of 99.9% was in 2020. Over the period under review, the exports of hit record highs at 2 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $128 in 2022. Overall, exports continue to indicate a precipitous decline. The smallest decline of -95% was in 2020. Over the period under review, the exports of attained the peak figure at $918 in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Canada (1.0 units)

Source: IndexBox Market Intelligence Platform