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

Contents:

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

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

The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,239 per unit in 2022, with an increase of 23% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2014 an increase of 51%. Over the period under review, average import prices reached the peak figure at $2,392 per unit in 2019; however, from 2020 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 ($2,165 per unit), while the price for China ($110 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-10.1%), 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 Algeria (FOB) - 2022

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $36,049 per unit, growing by 17% against the previous year. Overall, the export price saw significant growth. The pace of growth appeared the most rapid in 2015 when the average export price increased by 191%. Over the period under review, the average export prices attained the maximum in 2022 and is expected to retain growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +34.4% per year.

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

In 2022, after two years of decline, there was significant growth in overseas purchases of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, when their volume increased by 270% to 9.6K units. In general, imports saw a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses surged to $12M in 2022. Over the period under review, imports, however, showed a abrupt descent. Over the period under review, imports of reached the peak figure at $18M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Algeria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain15.0N/A1.79.2-15.0%
United States0.40.50.20.826.0%
France0.70.10.10.5-10.6%
NetherlandsN/AN/A0.10.4300.0%
Denmark0.10.10.10.226.0%
China0.30.50.20.2-12.6%
Others1.71.10.30.7-25.6%
Total18.22.32.611.8-13.4%

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

  1. Spain (4.5K units)
  2. France (1.7K units)
  3. China (1.5K units)
  4. Netherlands (0.8K units)
  5. United States (0.4K units)
  6. Denmark (0.2K units)

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

Exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from Algeria was estimated at 2 units in 2022, approximately reflecting the previous year. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses skyrocketed to $72K in 2022. Overall, total exports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. The exports peaked 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 Algeria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain45.152.861.772.116.9%
OthersN/AN/AN/AN/A0%
Total45.152.861.772.116.9%

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

  1. Spain (2.0 units)

Source: IndexBox Market Intelligence Platform

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