Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy - 2023
Contents:
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy (FOB) - 2022
- Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy (CIF) - 2022
- Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy
- Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy (FOB) - 2022
The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $116,655 per unit in 2022, growing by 18% against the previous year. In general, the export price, however, saw a slight decline. The most prominent rate of growth was recorded in 2018 an increase of 19% against the previous year. The export price peaked at $164,371 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($921,507 per unit), while the average price for exports to the Czech Republic ($7,662 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 Cayman Islands (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy (CIF) - 2022
The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,881 per unit in 2022, shrinking by -36.1% against the previous year. In general, the import price recorded a deep downturn. The growth pace was the most rapid in 2017 when the average import price increased by 34% against the previous year. Over the period under review, average import prices hit record highs at $6,760 per unit in 2012; however, from 2013 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 the UK ($6,840 per unit), while the price for Estonia ($117 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.5%), while the prices for the other major suppliers experienced a decline.
Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy
After three years of growth, overseas shipments of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -13.6% to 31K units in 2022. The total export volume increased at an average annual rate of +4.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 33% against the previous year. As a result, the exports reached the peak of 36K units, and then reduced in the following year.
In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $3.6B in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +49.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 47%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.
| Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 384 | 383 | 570 | 797 | 27.6% |
| France | 267 | 242 | 330 | 413 | 15.7% |
| Cayman Islands | 312 | 353 | 552 | 388 | 7.5% |
| Marshall Islands | 63.4 | 65.1 | 250 | 112 | 20.9% |
| British Virgin Islands | 141 | 172 | 167 | 106 | -9.1% |
| Spain | 59.8 | 58.7 | 89.9 | 98.3 | 18.0% |
| Croatia | 32.8 | 75.9 | 31.1 | 67.1 | 26.9% |
| Jamaica | 27.5 | N/A | 11.4 | 59.8 | 29.6% |
| Netherlands | 8.3 | 53.2 | 21.8 | 40.1 | 69.1% |
| Germany | 16.4 | 33.0 | 39.7 | 31.3 | 24.0% |
| Greece | 5.4 | 31.1 | 42.0 | 26.4 | 69.7% |
| Poland | 3.7 | 2.5 | 9.0 | 17.3 | 67.2% |
| Czech Republic | 15.1 | 1.6 | 1.1 | 5.6 | -28.2% |
| Others | 1,228 | 951 | 1,437 | 1,468 | 6.1% |
| Total | 2,565 | 2,422 | 3,551 | 3,631 | 12.3% |
Top Export Markets for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes from Italy in 2022:
- France (4.6K units)
- Cayman Islands (3.2K units)
- Germany (2.3K units)
- Jamaica (2.0K units)
- Spain (1.8K units)
- Greece (1.6K units)
- Croatia (1.6K units)
- Netherlands (0.9K units)
- United States (0.9K units)
- British Virgin Islands (0.9K units)
- Marshall Islands (0.9K units)
- Czech Republic (0.7K units)
- Poland (0.7K units)
Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy
In 2022, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses into Italy skyrocketed to 180K units, picking up by 36% on 2021 figures. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +10.6% 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 +53.1% against 2020 indices. 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 reduced to $338M in 2022. Overall, imports, however, saw a pronounced downturn. The growth pace was the most rapid in 2021 with an increase of 26%. As a result, imports attained the peak of $389M, and then dropped in the following year.
| Import of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 149 | 76.8 | 121 | 116 | -8.0% |
| United Kingdom | 51.4 | 40.1 | 32.2 | 44.3 | -4.8% |
| Tunisia | 11.1 | 8.5 | 15.7 | 18.9 | 19.4% |
| Cayman Islands | 5.7 | 39.2 | 25.9 | 16.0 | 41.1% |
| Germany | 15.3 | 11.7 | 10.4 | 12.3 | -7.0% |
| Spain | 10.3 | 5.7 | 9.9 | 12.2 | 5.8% |
| China | 4.6 | 13.6 | 7.7 | 11.3 | 34.9% |
| Poland | 2.9 | 2.3 | 3.8 | 6.8 | 32.9% |
| Belgium | 2.4 | 1.5 | 4.1 | 2.7 | 4.0% |
| Estonia | N/A | N/A | N/A | 0.7 | 0% |
| Others | 119 | 109 | 159 | 97.4 | -6.5% |
| Total | 372 | 308 | 389 | 338 | -3.1% |
Top Suppliers of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes to Italy in 2022:
- France (72.5K units)
- Spain (45.8K units)
- Germany (11.0K units)
- Tunisia (10.8K units)
- United Kingdom (6.5K units)
- Estonia (5.9K units)
- Cayman Islands (5.6K units)
- China (4.0K units)
- Belgium (3.6K units)
- Poland (3.1K units)
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