Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United Arab Emirates - 2022
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United Arab Emirates (CIF) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United Arab Emirates (FOB) - 2022
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United Arab Emirates
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United Arab Emirates
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United Arab Emirates (CIF) - 2022
The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $5,437 per unit in 2022, with an increase of 18% against the previous year. Overall, the import price showed a perceptible expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 58% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to continue growth in the near future.
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 the UK ($25,133 per unit), while the price for New Zealand ($260 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.2%), 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 the United Arab Emirates (FOB) - 2022
The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $8,706 per unit in 2022, shrinking by -10.8% against the previous year. In general, the export price recorded a pronounced contraction. The most prominent rate of growth was recorded in 2018 an increase of 48% against the previous year. Over the period under review, the average export prices attained the peak figure at $13,062 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat 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 Malta ($45,137 per unit), while the average price for exports to France ($3,952 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 (+11.6%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United Arab Emirates
In 2022, after three years of growth, there was decline in purchases abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, when their volume decreased by -0.4% to 27K units. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. As a result, imports attained the peak of 27K units, leveling off in the following year.
In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $146M in 2022. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 74%. Over the period under review, imports of hit record highs 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 the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 12.9 | 22.7 | 18.2 | 42.8 | 49.1% |
| Italy | 20.0 | 12.4 | 46.3 | 32.1 | 17.1% |
| United States | 6.3 | 10.0 | 10.6 | 14.3 | 31.4% |
| France | 5.9 | 8.1 | 9.6 | 12.3 | 27.7% |
| Poland | 0.7 | 1.7 | 1.8 | 10.3 | 145.0% |
| Malta | N/A | N/A | 0.1 | 7.1 | 7000.0% |
| China | 0.8 | 1.4 | 2.8 | 4.9 | 83.0% |
| Seychelles | 0.4 | 0.9 | 7.7 | 4.5 | 124.1% |
| Slovenia | 0.1 | N/A | N/A | 2.7 | 200.0% |
| Australia | 2.7 | 0.1 | 0.2 | 1.8 | -12.6% |
| Netherlands | 0.2 | 2.7 | 7.4 | 0.4 | 26.0% |
| Portugal | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| New Zealand | 0.2 | N/A | N/A | 0.2 | 0.0% |
| Others | 21.3 | 11.3 | 19.4 | 12.8 | -15.6% |
| Total | 71.6 | 71.5 | 124 | 146 | 26.8% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to the United Arab Emirates in 2022:
- United States (8.4K units)
- Poland (2.1K units)
- China (2.0K units)
- Seychelles (1.8K units)
- United Kingdom (1.7K units)
- Italy (1.6K units)
- France (1.1K units)
- Slovenia (1.1K units)
- Malta (1.0K units)
- New Zealand (0.8K units)
- Australia (0.7K units)
- Portugal (0.6K units)
- Netherlands (0.5K units)
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United Arab Emirates
In 2022, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from the United Arab Emirates soared to 6.5K units, rising by 54% against 2021 figures. In general, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of 133% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $57M in 2022. Over the period under review, exports saw a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 108% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in the United Arab Emirates (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Seychelles | 0.9 | 2.8 | 0.9 | 12.0 | 137.1% |
| Qatar | 14.7 | 0.1 | 4.4 | 11.2 | -8.7% |
| Kuwait | 5.0 | 2.6 | 9.6 | 8.1 | 17.4% |
| Australia | 0.4 | N/A | 1.0 | 5.2 | 135.1% |
| United States | 1.3 | 0.7 | 2.4 | 3.5 | 39.1% |
| Oman | 3.2 | 4.1 | 3.5 | 3.4 | 2.0% |
| Canada | N/A | N/A | N/A | 3.1 | 0% |
| Bahrain | 1.3 | 1.0 | 1.3 | 2.1 | 17.3% |
| Nigeria | 0.6 | 1.0 | 1.0 | 1.1 | 22.4% |
| Mauritius | 0.3 | N/A | N/A | N/A | 0% |
| Croatia | N/A | N/A | 1.7 | N/A | 0% |
| France | 0.1 | 2.9 | 2.1 | N/A | 358.3% |
| Saudi Arabia | 3.5 | 0.9 | 4.5 | N/A | 13.4% |
| Others | 9.1 | 3.9 | 8.8 | 6.8 | -9.3% |
| Total | 40.4 | 19.9 | 41.3 | 56.5 | 11.8% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from the United Arab Emirates in 2022:
- Qatar (1642.0 units)
- Kuwait (1158.0 units)
- Australia (1079.0 units)
- Seychelles (875.0 units)
- Oman (631.0 units)
- Canada (186.0 units)
- United States (170.0 units)
- Nigeria (165.0 units)
- Bahrain (154.0 units)
- France (5.0 units)
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