Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Serbia - 2024

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,334 per unit, which is down by -5.8% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The growth pace was the most rapid in 2017 an increase of 21% against the previous year. Over the period under review, average import prices attained the peak figure at $3,305 per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Canada ($4,884 per unit), while the price for Ukraine ($90 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+10.2%), 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 Serbia (FOB) - 2022

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $8,165 per unit in 2022, jumping by 39% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 102% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($46,731 per unit), while the average price for exports to Romania ($1,372 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 the United States (+35.9%), 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 Serbia

In 2022, after three years of growth, there was significant decline in supplies from abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, when their volume decreased by -12.8% to 3.2K units. Over the period under review, imports, however, posted a significant increase. The growth pace was the most rapid in 2020 with an increase of 104% against the previous year. Over the period under review, imports of reached the peak figure at 3.7K units in 2021, and then shrank in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses fell remarkably to $4.3M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +19.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 77% against the previous year. Over the period under review, imports of hit record highs at $5.2M in 2021, and then contracted remarkably in the following year.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland9781,2561,4421,0000.7%
China17419127353045.0%
United States4308541,0704813.8%
Canada20919552040524.7%
Italy1271,05718136842.6%
France56.570.939325966.1%
Portugal33.543.417323090.1%
Slovenia35.929.222413756.3%
Sweden7.28.114.7137167.0%
Turkey0.297.89.892.0671.9%
North Macedonia5.837.854.270.4129.8%
FinlandN/A0.30.637.11012.1%
Ukraine15.027.210329.725.6%
Others4646207565073.0%
Total2,5364,4885,2154,28419.1%

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

  1. China (832.0 units)
  2. Ukraine (331.0 units)
  3. Turkey (279.0 units)
  4. Poland (230.0 units)
  5. North Macedonia (183.0 units)
  6. Slovenia (169.0 units)
  7. United States (134.0 units)
  8. Sweden (131.0 units)
  9. Italy (122.0 units)
  10. Canada (83.0 units)
  11. Portugal (80.0 units)
  12. France (71.0 units)
  13. Finland (70.0 units)

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

In 2022, approx. 489 units of yachts and other vessels; for pleasure or sports, rowing boats and canoeses were exported from Serbia; increasing by 43% against the previous year. Overall, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +19.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.8% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $4M in 2022. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States194N/A2871,35591.2%
Montenegro25460940956130.2%
Croatia60.314731934679.0%
Slovenia84.943.941.521736.7%
Bosnia and Herzegovina81.014112721037.4%
TurkeyN/AN/AN/A2060%
FranceN/AN/A15.7121670.7%
Switzerland5.056.823.079.1151.0%
Germany30.518.240.957.823.7%
Romania19.60.74.457.643.2%
Slovakia44.7N/A37739.2-4.3%
North Macedonia45.819782.139.1-5.1%
Hungary14.268.680.124.419.8%
Others24018721067841.4%
Total1,0751,4712,0173,99354.9%

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

  1. Bosnia and Herzegovina (93.0 units)
  2. Croatia (56.0 units)
  3. Montenegro (52.0 units)
  4. Slovenia (49.0 units)
  5. Switzerland (45.0 units)
  6. Romania (42.0 units)
  7. United States (29.0 units)
  8. France (25.0 units)
  9. Turkey (23.0 units)
  10. Germany (22.0 units)
  11. North Macedonia (10.0 units)
  12. Slovakia (8.0 units)
  13. Hungary (7.0 units)

Source: IndexBox Market Intelligence Platform

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