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

Contents:

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

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,498 per unit, dropping by -31.9% against the previous year. In general, the import price recorded a deep slump. The most prominent rate of growth was recorded in 2017 when the average import price increased by 135%. Over the period under review, average import prices hit record highs at $4,363 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 the United States ($5,965 per unit), while the price for Brazil ($452 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $1,763 per unit, declining by -4.8% against the previous year. Overall, the export price, however, posted a strong expansion. The pace of growth appeared the most rapid in 2014 an increase of 77% against the previous year. The export price peaked at $2,239 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Chile ($6,477 per unit), while the average price for exports to Panama ($558 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 Australia (+28.0%), 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 Venezuela

In 2022, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into Venezuela surged to 891 units, picking up by 109% against the previous year. Overall, imports saw significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 318%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $1.3M in 2022. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 249%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (824.0 units)
2. United States (23.0 units)
3. Brazil (21.0 units)
4. China (19.0 units)
5. Colombia (4.0 units)

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

Exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from Venezuela declined notably to 402 units in 2022, reducing by -34.8% on 2021 figures. In general, exports faced a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 99%. As a result, the exports reached the peak of 617 units, and then contracted sharply in the following year.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses reduced notably to $709K in 2022. Overall, exports showed a deep downturn. The growth pace was the most rapid in 2021 when exports increased by 83% against the previous year. The exports peaked at $1.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

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

1. United States (240.0 units)
2. Germany (117.0 units)
3. Panama (14.0 units)
4. Chile (12.0 units)
5. Canada (11.0 units)
6. Australia (7.0 units)

Source: IndexBox Market Intelligence Platform