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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $565 per unit, with an increase of 6.3% against the previous year. Overall, the import price, however, showed a perceptible slump. The most prominent rate of growth was recorded in 2019 an increase of 88% against the previous year. The import price peaked at $863 per unit in 2013; however, from 2014 to 2022, 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 ($6,703 per unit), while the price for China ($117 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+21.8%), 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 Uruguay (FOB) - 2022

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $31,100 per unit, approximately reflecting the previous year. Overall, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2019 an increase of 30% against the previous year. The export price peaked at $70,000 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Cameroon.

From 2012 to 2022, the rate of growth in terms of prices for Paraguay amounted to -39.8% per year.

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

In 2022, purchases abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -5.5% to 3.2K units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +15.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 41% against the previous year. As a result, imports attained the peak of 3.4K units, and then shrank in the following year.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1.8M in 2022. Overall, total imports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +2.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 52%. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States621296353402-13.5%
Argentina17716632136126.8%
Brazil64.020943733974.3%
China17021123122710.1%
SpainN/AN/A0.328.79466.7%
Others620300451444-10.5%
Total1,6511,1811,7931,8012.9%

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

  1. China (1932.0 units)
  2. Brazil (500.0 units)
  3. Argentina (479.0 units)
  4. Spain (134.0 units)
  5. United States (60.0 units)

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

For the third consecutive year, Uruguay recorded decline in shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which decreased by 0% to 1 units in 2022. Over the period under review, exports continue to indicate a sharp setback. The smallest decline of -50% was in 2020. Over the period under review, the exports of attained the peak figure at 2 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses totaled $31K in 2022. Overall, exports recorded a significant increase. The smallest decline of -72.1% was in 2020. Over the period under review, the exports of reached the peak figure 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 Uruguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
CameroonN/AN/AN/A31.10%
Spain0.1N/AN/AN/A0%
Paraguay2.0N/AN/AN/A0%
CanadaN/A0.6N/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.10.6N/A31.1145.6%

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

  1. Cameroon (1.0 units)

Source: IndexBox Market Intelligence Platform

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