Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa - 2024
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa (FOB) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa (CIF) - 2022
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa (FOB) - 2022
The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $8,341 per unit in 2022, rising by 6.2% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2018 an increase of 26% against the previous year. As a result, the export price attained the peak level of $9,728 per unit. From 2019 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($50,683 per unit), while the average price for exports to China ($1,133 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 Maldives (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa (CIF) - 2022
The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $71 per unit in 2022, with a decrease of -26.7% against the previous year. In general, the import price showed a sharp shrinkage. The growth pace was the most rapid in 2017 when the average import price increased by 56% against the previous year. Over the period under review, average import prices reached the maximum at $686 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($990 per unit), while the price for the United States ($51 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+5.4%), while the prices for the other major suppliers experienced a decline.
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa
In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses exported from South Africa was estimated at 23K units, surging by 3.2% compared with the year before. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.3% 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 +50.3% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46% against the previous year. Over the period under review, the exports of hit record highs 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 expanded markedly to $188M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +44.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 31% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 40.4 | 42.7 | 79.2 | 65.8 | 17.7% |
| British Virgin Islands | 32.5 | 21.4 | 24.9 | 29.6 | -3.1% |
| France | 19.8 | 14.9 | 16.8 | 18.5 | -2.2% |
| Spain | 2.5 | 1.7 | 0.5 | 17.6 | 91.7% |
| Australia | 2.9 | 16.8 | 6.0 | 8.4 | 42.5% |
| Grenada | N/A | 1.1 | 0.9 | 7.5 | 161.1% |
| Singapore | 1.1 | 1.2 | N/A | 3.3 | 44.2% |
| Mauritius | 0.2 | 1.2 | 0.2 | 2.0 | 115.4% |
| China | N/A | N/A | N/A | 1.6 | 0% |
| Gibraltar | 13.1 | N/A | 1.2 | N/A | -69.7% |
| Others | 21.6 | 29.7 | 41.9 | 33.7 | 16.0% |
| Total | 134 | 131 | 172 | 188 | 11.9% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from South Africa in 2022:
- British Virgin Islands (10.2K units)
- United States (3.1K units)
- Australia (1.4K units)
- China (1.4K units)
- Singapore (0.9K units)
- Grenada (0.7K units)
- France (0.6K units)
- Mauritius (0.4K units)
- Spain (0.3K units)
Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa
Imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into South Africa surged to 99K units in 2022, with an increase of 38% compared with 2021 figures. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 247% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $7M in 2022. Overall, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 176% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in South Africa (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,358 | 1,043 | 2,861 | 4,019 | 19.5% |
| Mexico | 766 | 354 | 1,171 | 1,272 | 18.4% |
| China | 730 | 429 | 963 | 938 | 8.7% |
| Netherlands | 874 | 205 | 7.6 | 183 | -40.6% |
| Poland | 124 | N/A | 122 | N/A | -0.8% |
| Brazil | N/A | N/A | 98.6 | N/A | 0% |
| Others | 959 | 474 | 1,702 | 587 | -15.1% |
| Total | 5,810 | 2,505 | 6,925 | 6,999 | 6.4% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to South Africa in 2022:
- United States (78.9K units)
- China (12.9K units)
- Mexico (2.9K units)
- Netherlands (2.1K units)
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