Report Update Nov 1, 2024

Bangladesh - Motor Boats and Motor Yachts, for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights

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Bangladesh: Motor Boat Market 2024

Motor Boat Market Size in Bangladesh

In 2021, the Bangladeshi motor boat market decreased by -10.4% to $X for the first time since 2017, thus ending a three-year rising trend. In general, consumption continues to indicate a pronounced contraction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Motor Boat Production in Bangladesh

In value terms, motor boat production shrank to $X in 2021 estimated in export price. In general, production recorded a noticeable slump. The most prominent rate of growth was recorded in 2014 with an increase of 45% against the previous year. Motor boat production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Motor Boat Exports

Exports from Bangladesh

Motor boat exports from Bangladesh surged to X units in 2021, increasing by 750% on the previous year's figure. Overall, exports showed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, motor boat exports surged to $X in 2021. Over the period under review, exports saw a buoyant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The Netherlands (X units) was the main destination for motor boat exports from Bangladesh, with a 59% share of total exports. Moreover, motor boat exports to the Netherlands exceeded the volume sent to the second major destination, Australia (X units), tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the Netherlands totaled +14.3%.

In value terms, the Netherlands ($X) remains the key foreign market for motor boats and motor yachts, for pleasure or sports exports from Bangladesh, comprising 48% of total exports. The second position in the ranking was held by Australia ($X), with a 3.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the Netherlands stood at +15.5%.

Export Prices by Country

In 2021, the average motor boat export price amounted to $X per unit, surging by 103% against the previous year. Overall, the export price recorded tangible growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Australia stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.1%).

Motor Boat Imports

Imports into Bangladesh

In 2021, imports of motor boats and motor yachts, for pleasure or sports into Bangladesh soared to X units, rising by 150% against 2020 figures. Overall, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 500% against the previous year. Imports peaked at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, motor boat imports surged to $X in 2021. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2014 when imports increased by 1,442%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) was the main supplier of motor boat to Bangladesh, accounting for a approx. 100% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China totaled +7.6%.

In value terms, China ($X) constituted the largest supplier of motor boats and motor yachts, for pleasure or sports to Bangladesh, comprising 87% of total imports. The second position in the ranking was held by the United States ($X), with a 0.5% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +137.7%.

Import Prices by Country

The average motor boat import price stood at $X per unit in 2021, jumping by 19% against the previous year. Over the period under review, the import price continues to indicate a significant increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 241% against the previous year. The import price peaked in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per unit), while the price for the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+4,064.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for motor boats and motor yachts, for pleasure or sports in the world?

The countries with the highest volumes of motor boat consumption in 2020 were China, the United States and India, with a combined 33% share of global consumption. These countries were followed by Russia, Japan, Seychelles, Mexico, Indonesia, Brazil, Germany, Ethiopia, Hong Kong SAR and Dominica, which together accounted for a further 29%.

What are the largest producers of motor boats and motor yachts, for pleasure or sports in the world?

The countries with the highest volumes of motor boat production in 2020 were China, the United States and India, with a combined 37% share of global production. Russia, Japan, Mexico, Indonesia, Brazil, Italy, the UK, Ethiopia, Germany and the Netherlands lagged somewhat behind, together accounting for a further 31%.

What are the leading suppliers of motor boats and motor yachts, for pleasure or sports to Bangladesh?

In value terms, China constituted the largest supplier of motor boat to Bangladesh, comprising 59% of total imports. The second position in the ranking was occupied by the United States, with a 0.5% share of total imports.

What are the leading importers of motor boats and motor yachts, for pleasure or sports from Bangladesh?

In value terms, the Netherlands and Australia constituted the largest markets for motor boat exported from Bangladesh worldwide.

What is the average export price for motor boats and motor yachts, for pleasure or sports in Bangladesh?

In 2020, the average motor boat export price amounted to $3,993 per unit, with a decrease of -20.6% against the previous year.

What is the average import price for motor boats and motor yachts, for pleasure or sports in Bangladesh?

In 2020, the average motor boat import price amounted to $25,607 per unit, picking up by 37% against the previous year.

This report provides an in-depth analysis of the motor boat market in Bangladesh. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 30121930 - Motor boats and motor yachts, for pleasure or sports (excluding outboard motor boats)

Country coverage:

Bangladesh

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Bangladesh
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023