Australia and Oceania: Inflatable Vessel Market 2025

Inflatable Vessel Market Size in Australia and Oceania

In 2021, after two years of decline, there was significant growth in the inflatable vessel market in Australia and Oceania, when its value increased by 33% to $X. The total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +9.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the near future.

Inflatable Vessel Production in Australia and Oceania

In value terms, inflatable vessel production fell dramatically to $X in 2021 estimated in export price. In general, production, however, continues to indicate strong growth. The pace of growth was the most pronounced in 2016 when the production volume increased by 60%. The level of production peaked at $X in 2020, and then fell markedly in the following year.

Inflatable Vessel Exports

Exports in Australia and Oceania

In 2021, overseas shipments of inflatable vessels for pleasure or sports decreased by -10.3% to X units, falling for the second year in a row after two years of growth. Over the period under review, exports faced a deep slump. The pace of growth was the most pronounced in 2019 when exports increased by 133%. The volume of export peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, inflatable vessel exports dropped to $X in 2021. Overall, exports showed a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 343%. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, New Zealand (X units) represented the major exporter of inflatable vessels for pleasure or sports, comprising 69% of total exports. It was distantly followed by Australia (X units), constituting a 29% share of total exports.

New Zealand was also the fastest-growing in terms of the inflatable vessels for pleasure or sports exports, with a CAGR of -12.3% from 2012 to 2021. Australia (-18.2%) illustrated a downward trend over the same period. From 2012 to 2021, the share of New Zealand increased by +14 percentage points.

In value terms, New Zealand ($X) emerged as the largest inflatable vessel supplier in Australia and Oceania, comprising 76% of total exports. The second position in the ranking was taken by Australia ($X), with a 19% share of total exports.

In New Zealand, inflatable vessel exports plunged by an average annual rate of -2.8% over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Australia and Oceania amounted to $X per unit, increasing by 4.8% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2016 an increase of 158%. As a result, the export price attained the peak level of $X per unit. From 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while Australia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+10.8%).

Inflatable Vessel Imports

Imports in Australia and Oceania

In 2021, after two years of decline, there was significant growth in purchases abroad of inflatable vessels for pleasure or sports, when their volume increased by 83% to X units. Overall, imports recorded a resilient increase. Over the period under review, imports reached the maximum at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, inflatable vessel imports soared to $X in 2021. Over the period under review, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Australia represented the major importer of inflatable vessels for pleasure or sports in Australia and Oceania, with the volume of imports finishing at X units, which was approx. 80% of total imports in 2021. It was distantly followed by New Zealand (X units), comprising a 19% share of total imports.

Australia was also the fastest-growing in terms of the inflatable vessels for pleasure or sports imports, with a CAGR of +12.7% from 2012 to 2021. At the same time, New Zealand (+4.6%) displayed positive paces of growth. While the share of Australia (+14 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of New Zealand (-11.7 p.p.) displayed negative dynamics.

In value terms, Australia ($X) constitutes the largest market for imported inflatable vessels for pleasure or sports in Australia and Oceania, comprising 84% of total imports. The second position in the ranking was held by New Zealand ($X), with a 15% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Australia totaled +12.5%.

Import Prices by Country

The import price in Australia and Oceania stood at $X per unit in 2021, rising by 6.2% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the import price increased by 37%. Over the period under review, import prices reached the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Australia ($X per unit), while New Zealand totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by New Zealand (+6.8%).

Source: IndexBox Platform

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