Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Luxembourg - 2023

Contents:

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

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

The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $1,767 per unit in 2022, declining by -4.9% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 39,379% against the previous year. As a result, import price reached the peak level of $405,699 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($13,919 per unit), while the price for Germany ($531 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+41.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $101,075 per unit in 2022, which is down by -13.7% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 90,277%. Over the period under review, the average export prices reached the peak figure at $133,111 per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was France ($320,695 per unit), while the average price for exports to Italy ($389 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 Germany (+104.4%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses imported into Luxembourg soared to 1.4K units, jumping by 665% against 2021 figures. Overall, imports enjoyed a resilient increase. 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 skyrocketed to $2.4M in 2022. Over the period under review, imports, however, showed a precipitous decrease. Imports peaked at $14M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

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

1. Spain (1046.0 units)
2. Germany (167.0 units)
3. Netherlands (84.0 units)
4. Poland (29.0 units)
5. France (26.0 units)
6. Italy (3.0 units)
7. Belgium (2.0 units)

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

In 2022, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses from Luxembourg surged to 18 units, jumping by 50% against 2021. Over the period under review, exports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2021 when exports increased by 200%. Over the period under review, the exports of attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses skyrocketed to $1.8M in 2022. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 401% against the previous year. The exports peaked at $1.9M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

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

1. Germany (5.0 units)
2. Spain (2.0 units)
3. Netherlands (1.0 units)
4. Italy (1.0 units)
5. Czech Republic (1.0 units)
6. Portugal (1.0 units)
7. Poland (1.0 units)
8. France (1.0 units)
9. Switzerland (1.0 units)
10. Austria (1.0 units)
11. Greece (1.0 units)
12. Belgium (1.0 units)
13. Hungary (1.0 units)

Source: IndexBox Market Intelligence Platform