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

Contents:

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

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

The average import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses stood at $3,120 per unit in 2022, surging by 24% against the previous year. Overall, import price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -33.4% against 2020 indices. The most prominent rate of growth was recorded in 2018 an increase of 74%. Over the period under review, average import prices hit record highs at $4,681 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Namibia ($7,850 per unit), while the price for Italy ($507 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+27,686.7%), 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 Angola (FOB) - 2022

In 2022, the average export price for yachts and other vessels; for pleasure or sports, rowing boats and canoeses amounted to $923 per unit, waning by -62.4% against the previous year. Over the period under review, the export price saw a abrupt decrease. The growth pace was the most rapid in 2020 when the average export price increased by 267% against the previous year. The export price peaked at $2,456 per unit in 2021, and then fell sharply in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($2,239 per unit), while the average price for exports to Portugal ($14 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 United States (+3,339.1%), 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 Angola

For the third consecutive year, Angola recorded decline in purchases abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses, which decreased by -52.5% to 291 units in 2022. Overall, imports recorded a sharp contraction. The smallest decline of -10.4% was in 2021. Imports peaked at 1.3K 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 reduced rapidly to $908K in 2022. Over the period under review, imports showed a dramatic contraction. The smallest decline of -34.1% was in 2020. Over the period under review, imports of attained the peak figure at $4.9M 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 Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain3,34420.41.9334-53.6%
South Korea274364287168-15.0%
South Africa25485.728787.9-29.8%
China13556.422.778.2-16.6%
Portugal10516513867.4-13.7%
United Arab Emirates23533.39.022.2-54.5%
Italy0.42,1534770.57.7%
Others512325323149-33.7%
Total4,8593,2021,545908-42.8%

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

  1. Spain (95.0 units)
  2. China (65.0 units)
  3. South Africa (40.0 units)
  4. Portugal (34.0 units)
  5. South Korea (22.0 units)
  6. United Arab Emirates (7.0 units)
  7. Italy (1.0 units)

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

After three years of growth, shipments abroad of yachts and other vessels; for pleasure or sports, rowing boats and canoeses decreased by -92.5% to 13 units in 2022. Overall, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 175% against the previous year. As a result, the exports attained the peak of 173 units, and then contracted rapidly in the following year.

In value terms, exports of yachts and other vessels; for pleasure or sports, rowing boats and canoeses reduced dramatically to $12K in 2022. In general, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 824%. Over the period under review, the exports of hit record highs at $425K in 2021, and then fell notably in the following year.

Export of Yachts and Other Vessels; for Pleasure or Sports, Rowing Boats and Canoes in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France3.914.120.24.54.9%
Sao Tome and Principe2.79.112.32.6-1.3%
Italy0.10.611.41.7157.1%
Netherlands2.16.27.41.3-14.8%
Congo1.94.74.50.7-28.3%
South Africa0.61.92.40.5-5.9%
SpainN/AN/A2540.5-99.8%
Namibia2.30.70.50.2-55.7%
Portugal1.8104111N/A685.3%
OthersN/A0.90.4N/A-55.6%
Total15.414242512.0-8.0%

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

  1. Sao Tome and Principe (2.0 units)
  2. Netherlands (2.0 units)
  3. Italy (2.0 units)
  4. France (2.0 units)
  5. Portugal (1.0 units)
  6. South Africa (1.0 units)
  7. Congo (1.0 units)
  8. Namibia (1.0 units)
  9. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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