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

Contents:

1. Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Qatar (CIF) - 2022
2. Price for Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Qatar (FOB) - 2023
3. Imports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Qatar
4. Exports of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Qatar

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

In 2022, the average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $8,208 per unit, growing by 70% against the previous year. Overall, the import price saw a resilient expansion. The growth pace was the most rapid in 2013 when the average import price increased by 118% against the previous year. Over the period under review, average import prices attained the peak figure at $12,100 per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($383,367 per unit), while the price for China ($217 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+131.6%), 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 Qatar (FOB) - 2023

In December 2023, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $13,843 per unit, surging by 79% against the previous month. Overall, the export price, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 237% m-o-m. The export price peaked at $91,827 per unit in December 2022; however, from January 2023 to December 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Malta ($35,250 per unit), while the average price for exports to Saudi Arabia ($5,837 per unit) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+7.3%), 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 Qatar

In 2022, overseas purchases of yachts and other vessels; for pleasure or sports, rowing boats and canoeses increased by 45% to 3.7K units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, continue to indicate a abrupt setback. Imports peaked at 6.4K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses soared to $30M in 2022. Overall, imports recorded buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (1540.0 units)
2. Mexico (253.0 units)
3. United Kingdom (58.0 units)
4. Spain (55.0 units)
5. United States (48.0 units)
6. Netherlands (46.0 units)
7. Italy (39.0 units)
8. France (2.0 units)

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

In 2022, the amount of yachts and other vessels; for pleasure or sports, rowing boats and canoeses exported from Qatar expanded markedly to 194 units, growing by 7.8% compared with 2021 figures. Over the period under review, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when exports increased by 374%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses dropped to $3.4M in 2022. In general, exports posted strong growth. The growth pace was the most rapid in 2021 when exports increased by 86%. As a result, the exports reached the peak of $3.8M, and then reduced in the following year.

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

1. Kuwait (40.0 units)
2. United Arab Emirates (38.0 units)
3. Saudi Arabia (35.0 units)
4. Bahrain (19.0 units)
5. Iraq (17.0 units)
6. Egypt (6.0 units)
7. Turkey (3.0 units)

Source: IndexBox Market Intelligence Platform