Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Uganda - 2022

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $2,087 per unit, growing by 35% against the previous year. Overall, the import price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2019 an increase of 143% against the previous year. As a result, import price attained the peak level of $6,198 per unit. From 2020 to 2022, the average import prices failed to regain momentum.

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 United States ($9,632 per unit), while the price for India ($25 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+18.9%), 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 Uganda (FOB) - 2022

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $640 per unit, surging by 4.4% against the previous year. In general, the export price, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 when the average export price increased by 111% against the previous year. As a result, the export price reached the peak level of $2,357 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Tanzania ($2,684 per unit), while the average price for exports to Burundi ($89 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 Burundi (+33.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -79.8% to 48 units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 755% against the previous year. As a result, imports reached the peak of 419 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 fell significantly to $100K in 2022. Overall, imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by 188% against the previous year. As a result, imports reached the peak of $876K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates26.269.310.320.2-8.3%
Hong Kong SAR29.214558.317.8-15.2%
FranceN/AN/AN/A14.70%
United States11932072.69.6-56.8%
Netherlands21.968.37.85.2-38.1%
South Africa3.111.23.24.19.8%
Italy6.130.815.33.9-13.9%
Japan0.90.91.10.5-17.8%
Canada1.15.81.60.3-35.2%
Belgium4.512.52.90.3-59.5%
Germany1.53.20.10.3-41.5%
China2.110586.90.1-63.8%
IndiaN/AN/AN/AN/A0%
Others88.410410723.1-36.1%
Total304876367100-31.0%

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

  1. United Arab Emirates (18.0 units)
  2. France (8.0 units)
  3. Hong Kong SAR (5.0 units)
  4. South Africa (2.0 units)
  5. Canada (1.0 units)
  6. Netherlands (1.0 units)
  7. Italy (1.0 units)
  8. India (1.0 units)
  9. United States (1.0 units)
  10. China (1.0 units)
  11. Belgium (1.0 units)
  12. Japan (1.0 units)
  13. Germany (1.0 units)

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

In 2022, after three years of growth, there was decline in overseas shipments of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, when their volume decreased by -3.7% to 26 units. In general, exports, however, posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 125% against the previous year. As a result, the exports reached the peak of 27 units, and then shrank slightly in the following year.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses totaled $17K in 2022. The total export value increased at an average annual rate of +7.1% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 11% against the previous year. Over the period under review, the exports of attained the peak figure 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 Uganda (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tanzania4.57.40.35.46.3%
Democratic Republic of the CongoN/A2.27.05.355.2%
South Sudan2.03.05.74.228.1%
Kenya1.92.12.61.6-5.6%
BurundiN/A0.10.10.10.0%
Germany0.2N/A0.10.1-20.6%
BelgiumN/AN/A0.7N/A0%
Ireland0.4N/AN/AN/A0%
Others4.5N/AN/AN/A0%
Total13.614.916.616.66.9%

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

  1. Democratic Republic of the Congo (19.0 units)
  2. Tanzania (2.0 units)
  3. South Sudan (2.0 units)
  4. Germany (1.0 units)
  5. Burundi (1.0 units)
  6. Kenya (1.0 units)

Source: IndexBox Market Intelligence Platform

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