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Vietnam - Motor Boats and Motor Yachts, for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights
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View PricingVietnam: Motor Boat Market 2024
Motor Boat Market Size in Vietnam
The Vietnamese motor boat market reduced modestly to $X in 2023, which is down by X% against the previous year. Over the period under review, consumption recorded a abrupt setback. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.
Motor Boat Production in Vietnam
In value terms, motor boat production fell modestly to $X in 2023 estimated in export price. Overall, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Motor boat production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.
Motor Boat Exports
Exports from Vietnam
After two years of decline, overseas shipments of motor boats and motor yachts, for pleasure or sports decreased by X% to X units in 2023. Overall, exports recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when exports increased by X% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2023, the growth of the exports remained at a somewhat lower figure.
In value terms, motor boat exports shrank slightly to $X in 2023. Over the period under review, exports saw a prominent expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports attained the peak of $X. From 2015 to 2023, the growth of the exports remained at a lower figure.
Exports by Country
Australia (X units), the United States (X units) and Malaysia (X units) were the main destinations of motor boat exports from Vietnam, with a combined X% share of total exports. The Netherlands, Canada and Singapore lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Singapore ($X) remains the key foreign market for motor boats and motor yachts, for pleasure or sports exports from Vietnam, comprising X% of total exports. The second position in the ranking was taken by the United States ($X), with a X% share of total exports. It was followed by Canada, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Singapore stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Canada (X% per year).
Export Prices by Country
In 2023, the average motor boat export price amounted to $X per unit, remaining stable against the previous year. Overall, the export price, however, saw a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2023, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (X%), while the prices for the other major destinations experienced more modest paces of growth.
Motor Boat Imports
Imports into Vietnam
In 2023, the amount of motor boats and motor yachts, for pleasure or sports imported into Vietnam plummeted to X units, declining by X% compared with the previous year's figure. Overall, imports recorded a abrupt downturn. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at X units in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.
In value terms, motor boat imports declined remarkably to $X in 2023. Over the period under review, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2019; however, from 2020 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, France (X units) constituted the largest supplier of motor boat to Vietnam, accounting for a X% share of total imports. Moreover, motor boat imports from France exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was held by Germany (X units), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from France totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).
In value terms, France ($X) constituted the largest supplier of motor boats and motor yachts, for pleasure or sports to Vietnam, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Germany, with a X% share.
From 2012 to 2023, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).
Import Prices by Country
The average motor boat import price stood at $X per unit in 2023, dropping by X% against the previous year. Overall, the import price, however, continues to indicate a significant increase. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per unit in 2022, and then dropped in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the motor boat market in Vietnam. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30121930 - Motor boats and motor yachts, for pleasure or sports (excluding outboard motor boats)
Country coverage:
- Vietnam
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Vietnam
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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