Chile: Motor Boat Market 2025

Motor Boat Market Size in Chile

The Chilean motor boat market skyrocketed to $X in 2021, growing by 22% against the previous year. In general, consumption, however, recorded a slight descent. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Motor Boat Production in Chile

In value terms, motor boat production contracted to $X in 2021 estimated in export price. In general, production, however, showed slight growth. The pace of growth was the most pronounced in 2019 when the production volume increased by 137% against the previous year. Motor boat production peaked at $X in 2020, and then dropped in the following year.

Motor Boat Exports

Exports from Chile

In 2021, the amount of motor boats and motor yachts, for pleasure or sports exported from Chile reduced notably to X units, waning by -99.6% compared with the previous year's figure. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 51,600%. As a result, the exports attained the peak of X units, and then shrank sharply in the following year.

In value terms, motor boat exports fell sharply to $X in 2021. Over the period under review, exports, however, continue to indicate significant growth. The growth pace was the most rapid in 2020 when exports increased by 50,127%. As a result, the exports attained the peak of $X, and then shrank dramatically in the following year.

Exports by Country

The UK (X units) was the main destination for motor boat exports from Chile, with a approx. 50% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled -7.4%.

In value terms, Panama ($X) remains the key foreign market for motor boats and motor yachts, for pleasure or sports exports from Chile, comprising 79% of total exports. The second position in the ranking was taken by the United States ($X), with a 19% share of total exports. It was followed by Bolivia, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Panama stood at +183.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+19.1% per year) and Bolivia (+153.2% per year).

Export Prices by Country

The average motor boat export price stood at $X per unit in 2021, jumping by 6,672% against the previous year. Overall, the export price enjoyed a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Bolivia (+228.1%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Imports

Imports into Chile

In 2021, supplies from abroad of motor boats and motor yachts, for pleasure or sports decreased by -12.3% to X units, falling for the third year in a row after three years of growth. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2018 when imports increased by 89% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.

In value terms, motor boat imports reduced slightly to $X in 2021. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2017 with an increase of 63%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of motor boat to Chile, accounting for a 68% share of total imports. Moreover, motor boat imports from China exceeded the figures recorded by the second-largest supplier, Peru (X units), fourfold. The third position in this ranking was taken by Panama (X units), with a 9.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -10.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Peru (+66.9% per year) and Panama (0.0% per year).

In value terms, the United States ($X) constituted the largest supplier of motor boats and motor yachts, for pleasure or sports to Chile, comprising 87% of total imports. The second position in the ranking was held by China ($X), with a 1.6% share of total imports. It was followed by Peru, with a 0.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States stood at -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.2% per year) and Peru (+21.6% per year).

Import Prices by Country

The average motor boat import price stood at $X per unit in 2021, picking up by 9.4% against the previous year. In general, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, motor boat import price increased by +105.9% against 2016 indices. The most prominent rate of growth was recorded in 2019 an increase of 55%. Over the period under review, average import prices attained the maximum in 2021 and is likely to see steady growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Panama ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+34.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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