Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China - 2024
Contents:
- Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China (FOB) - 2022
- Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China (CIF) - 2022
- Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China
- Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China
Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China (FOB) - 2022
The average export price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $3,871,395 per unit in 2022, which is down by -31.5% against the previous year. Over the period under review, the export price showed a drastic downturn. The growth pace was the most rapid in 2018 when the average export price increased by 29%. Over the period under review, the average export prices hit record highs at $14,826,627 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($47,660,288 per unit), while the average price for exports to Saudi Arabia totaled $112,440 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (-13.9%).
Price for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China (CIF) - 2022
The average import price for vessels; other, including warships and lifeboats, other than rowing boatses stood at $1,444,597 per unit in 2022, declining by -37.3% against the previous year. In general, the import price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 849%. The import price peaked at $28,671,261 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($8,985,710 per unit), while the price for Portugal ($7,310 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+61.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China
In 2022, approx. 77 units of vessels; other, including warships and lifeboats, other than rowing boatses were exported from China; with a decrease of -3.7% on the previous year's figure. In general, exports recorded a noticeable decline. The smallest decline of -1.2% was in 2021. The exports peaked at 86 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of vessels; other, including warships and lifeboats, other than rowing boatses dropped rapidly to $298M in 2022. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2020 when exports increased by 15% against the previous year. As a result, the exports attained the peak of $488M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 283 | 262 | 207 | 95.3 | -30.4% |
| Others | 143 | 227 | 245 | 203 | 12.4% |
| Total | 426 | 488 | 452 | 298 | -11.2% |
Top Export Markets for Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats from China in 2022:
- South Korea (2.0 units)
Imports of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China
Imports of vessels; other, including warships and lifeboats, other than rowing boatses into China fell remarkably to 11 units in 2022, waning by -15.4% on the year before. Overall, imports saw a deep reduction. The smallest decline of -7.1% was in 2021. Imports peaked at 14 units in 2020; however, from 2021 to 2022, imports failed to regain momentum.
In value terms, imports of vessels; other, including warships and lifeboats, other than rowing boatses shrank markedly to $16M in 2022. In general, imports, however, saw resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 89% against the previous year. As a result, imports reached the peak of $30M, and then dropped markedly in the following year.
| Import of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 3.9 | 5.6 | 1.8 | 9.0 | 32.1% |
| Germany | 1.2 | 1.2 | 1.3 | 4.6 | 56.5% |
| United Kingdom | 0.7 | 0.1 | 0.1 | 1.3 | 22.9% |
| Spain | 0.1 | 0.2 | 1.1 | 0.3 | 44.2% |
| Philippines | N/A | N/A | N/A | 0.2 | 0% |
| Japan | N/A | N/A | N/A | 0.2 | 0% |
| Slovenia | N/A | N/A | N/A | 0.1 | 0% |
| Russia | N/A | 0.2 | 0.2 | 0.1 | -29.3% |
| Vietnam | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
| Myanmar | N/A | N/A | N/A | N/A | 0% |
| Portugal | 0.2 | N/A | N/A | N/A | 0% |
| Italy | 5.1 | 0.1 | N/A | N/A | -98.0% |
| United States | 1.6 | 0.2 | 0.2 | N/A | -64.6% |
| Others | 0.6 | 8.1 | 25.2 | N/A | 548.1% |
| Total | 13.5 | 15.9 | 29.9 | 15.9 | 5.6% |
Top Suppliers of Vessels; Other, Including Warships and Lifeboats, Other than Rowing Boats to China in 2022:
- Portugal (1.0 units)
- Myanmar (1.0 units)
- Philippines (1.0 units)
- United Kingdom (1.0 units)
- Slovenia (1.0 units)
- Vietnam (1.0 units)
- Germany (1.0 units)
- Japan (1.0 units)
- Norway (1.0 units)
- Russia (1.0 units)
- Spain (1.0 units)
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