Ukraine: Motor Boat Market 2024

Motor Boat Market Size in Ukraine

In 2022, the Ukrainian motor boat market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption, however, recorded a moderate expansion. Over the period under review, the market attained the peak level at $X in 2021, and then declined remarkably in the following year.

Motor Boat Production in Ukraine

In value terms, motor boat production totaled $X in 2022 estimated in export price. Over the period under review, production recorded moderate growth. The most prominent rate of growth was recorded in 2017 when the production volume increased by X%. Over the period under review, production hit record highs at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Motor Boat Exports

Exports from Ukraine

After two years of decline, shipments abroad of motor boats and motor yachts, for pleasure or sports decreased by X% to X units in 2022. In general, exports faced a abrupt setback. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, motor boat exports soared to $X in 2022. Over the period under review, exports continue to indicate a abrupt slump. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Croatia (X units) was the main destination for motor boat exports from Ukraine, with a X% share of total exports. Moreover, motor boat exports to Croatia exceeded the volume sent to the second major destination, Slovenia (X units), fivefold. The third position in this ranking was held by Bulgaria (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Croatia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovenia (X% per year) and Bulgaria (X% per year).

In value terms, Croatia ($X), Slovenia ($X) and the Netherlands ($X) were the largest markets for motor boat exported from Ukraine worldwide, with a combined X% share of total exports.

Among the main countries of destination, Croatia, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average motor boat export price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price saw a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Slovenia ($X per unit), while the average price for exports to Austria ($X 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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Imports

Imports into Ukraine

In 2022, overseas purchases of motor boats and motor yachts, for pleasure or sports decreased by X% to X units for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a abrupt downturn. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then fell remarkably in the following year.

In value terms, motor boat imports declined sharply to $X in 2022. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then reduced dramatically in the following year.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of motor boat to Ukraine, accounting for a X% share of total imports. Moreover, motor boat imports from the United States exceeded the figures recorded by the second-largest supplier, Canada (X units), twofold. The third position in this ranking was taken by Japan (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (X% per year) and Japan (X% per year).

In value terms, the United States ($X), Slovenia ($X) and Canada ($X) were the largest motor boat suppliers to Ukraine, together accounting for X% of total imports.

Canada, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average motor boat import price amounted to $X per unit, declining by X% against the previous year. In general, the import price saw a abrupt descent. The growth pace was the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovenia ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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