Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Norway - 2024
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Norway (CIF) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Norway (FOB) - 2022
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Norway
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Norway
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Norway (CIF) - 2022
The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $13,746 per unit in 2022, increasing by 10% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 21%. As a result, import price attained the peak level of $15,265 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($33,132 per unit), while the price for Indonesia ($313 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+15.7%), 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 Norway (FOB) - 2022
The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $8,710 per unit in 2022, surging by 43% against the previous year. Overall, the export price, however, recorded a mild slump. The growth pace was the most rapid in 2014 an increase of 65%. Over the period under review, the average export prices hit record highs at $12,213 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($24,045 per unit), while the average price for exports to Germany ($3,147 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 Estonia (+18.6%), 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 Norway
After three years of growth, purchases abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -11.8% to 20K units in 2022. Overall, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +10.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.4% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 35%. As a result, imports reached the peak of 23K units, and then fell in the following year.
In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses dropped modestly to $280M in 2022. The total import value increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 40% against the previous year. As a result, imports reached the peak of $288M, and then fell modestly in the following year.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 48.7 | 45.1 | 68.5 | 72.6 | 14.2% |
| Finland | 49.9 | 55.3 | 72.4 | 61.3 | 7.1% |
| Sweden | 17.3 | 14.0 | 21.9 | 20.4 | 5.6% |
| United Kingdom | 18.4 | 20.2 | 18.3 | 17.2 | -2.2% |
| China | 5.3 | 5.2 | 12.4 | 14.5 | 39.9% |
| Lithuania | 7.2 | 7.4 | 8.1 | 11.1 | 15.5% |
| Germany | 9.7 | 6.0 | 8.3 | 9.4 | -1.0% |
| Mexico | 9.4 | 7.0 | 11.2 | 7.8 | -6.0% |
| Netherlands | 2.1 | 1.1 | 0.5 | 7.0 | 49.4% |
| United States | 4.5 | 2.7 | 5.3 | 6.1 | 10.7% |
| Ukraine | 5.5 | 6.0 | 7.4 | 4.7 | -5.1% |
| Estonia | 2.1 | 1.9 | 3.3 | 2.5 | 6.0% |
| Indonesia | N/A | N/A | 0.5 | 0.5 | 0.0% |
| Others | 43.0 | 32.9 | 49.8 | 45.1 | 1.6% |
| Total | 223 | 205 | 288 | 280 | 7.9% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to Norway in 2022:
- Estonia (2.4K units)
- Poland (2.2K units)
- Finland (2.2K units)
- China (1.6K units)
- Indonesia (1.5K units)
- United Kingdom (1.3K units)
- Sweden (1.2K units)
- Netherlands (1.1K units)
- Mexico (0.9K units)
- United States (0.8K units)
- Ukraine (0.6K units)
- Lithuania (0.6K units)
- Germany (0.6K units)
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Norway
In 2022, shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -33.7% to 5.2K units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, recorded a prominent expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 67%. As a result, the exports reached the peak of 7.9K units, and then reduced markedly in the following year.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses declined modestly to $45M in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +18.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 45%. As a result, the exports attained the peak of $48M, and then dropped in the following year.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 5.8 | 9.7 | 14.9 | 11.7 | 26.4% |
| Netherlands | 1.5 | 4.6 | 8.4 | 6.4 | 62.2% |
| Germany | 2.8 | 2.2 | 4.0 | 5.0 | 21.3% |
| Denmark | 2.1 | 3.5 | 5.1 | 3.4 | 17.4% |
| Finland | 1.8 | 1.0 | 2.1 | 2.2 | 6.9% |
| Bahamas | N/A | N/A | 0.4 | 1.5 | 275.0% |
| United Kingdom | 0.8 | 1.8 | 1.2 | 1.4 | 20.5% |
| Estonia | 0.3 | 0.1 | 0.5 | 0.1 | -30.7% |
| Singapore | 0.9 | N/A | N/A | 0.1 | -51.9% |
| Others | 10.8 | 10.0 | 11.2 | 13.7 | 8.3% |
| Total | 27.1 | 33.0 | 47.8 | 45.5 | 18.9% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from Norway in 2022:
- Sweden (1939.0 units)
- Germany (1590.0 units)
- United Kingdom (398.0 units)
- Netherlands (357.0 units)
- Bahamas (150.0 units)
- Denmark (141.0 units)
- Finland (141.0 units)
- Estonia (38.0 units)
- Singapore (9.0 units)
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