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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $3,165 per unit, leveling off at the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 166% against the previous year. The import price peaked at $7,432 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Turkey ($7,159 per unit), while the price for Spain ($460 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+22.6%), 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 Pakistan (FOB) - 2022

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $328 per unit, with a decrease of -32.1% against the previous year. Overall, the export price recorded a abrupt slump. The growth pace was the most rapid in 2013 when the average export price increased by 2,732%. Over the period under review, the average export prices reached the maximum at $24,517 per unit in 2015; however, from 2016 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 the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +73.5% per year.

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

In 2022, overseas purchases of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -25% to 117 units, falling for the second consecutive year after two years of growth. In general, imports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 280% against the previous year. As a result, imports reached the peak of 171 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses reduced sharply to $370K in 2022. Overall, imports, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 70% against the previous year. Imports peaked at $493K in 2021, and then reduced sharply in the following year.

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

1. United Arab Emirates (49.0 units)
2. Japan (30.0 units)
3. China (23.0 units)
4. Turkey (8.0 units)
5. United States (3.0 units)
6. Spain (2.0 units)
7. United Kingdom (1.0 units)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, when their volume decreased by -94.4% to 5 units. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2020 with an increase of 1,550% against the previous year. Over the period under review, the exports of attained the peak figure at 90 units in 2021, and then shrank sharply in the following year.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses declined dramatically to $1.6K in 2022. Over the period under review, exports, however, enjoyed a prominent expansion. The growth pace was the most rapid in 2020 when exports increased by 1,349% against the previous year. The exports peaked at $43K in 2021, and then declined significantly in the following year.

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

1. United Arab Emirates (5.0 units)

Source: IndexBox Market Intelligence Platform