Eastern Asia: Sailboat Market 2025

Sailboat Market Size in Eastern Asia

The East Asian sailboat market expanded sharply to $X in 2021, picking up by 13% against the previous year. The market value increased at an average annual rate of +2.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Sailboat Production in Eastern Asia

In value terms, sailboat production expanded notably to $X in 2021 estimated in export price. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 38%. The level of production peaked at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Sailboat Exports

Exports in Eastern Asia

Sailboat exports declined remarkably to X units in 2021, with a decrease of -30% compared with the year before. Overall, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 197%. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports remained at a lower figure.

In value terms, sailboat exports dropped significantly to $X in 2021. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2015 when exports increased by 50% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, China (X units) represented the main exporter of sailboats for pleasure or sports, with or without auxiliary motor, mixing up 77% of total exports. It was distantly followed by Japan (X units), generating a 19% share of total exports. Taiwan (Chinese) (X units) held a little share of total exports.

Exports from China decreased at an average annual rate of -1.3% from 2012 to 2021. At the same time, Japan (+16.1%) displayed positive paces of growth. Moreover, Japan emerged as the fastest-growing exporter exported in Eastern Asia, with a CAGR of +16.1% from 2012-2021. By contrast, Taiwan (Chinese) (-2.4%) illustrated a downward trend over the same period. Japan (+14 p.p.) significantly strengthened its position in terms of the total exports, while China saw its share reduced by -6.9% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sailboat supplying countries in Eastern Asia were China ($X), Taiwan (Chinese) ($X) and Japan ($X), together accounting for 96% of total exports.

Among the main exporting countries, Taiwan (Chinese), with a CAGR of -1.6%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Eastern Asia stood at $X per unit in 2021, reducing by -37.2% against the previous year. Overall, the export price recorded a abrupt curtailment. The growth pace was the most rapid in 2019 when the export price increased by 104%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+0.9%), while the other leaders experienced a decline in the export price figures.

Sailboat Imports

Imports in Eastern Asia

In 2021, the amount of sailboats for pleasure or sports, with or without auxiliary motor imported in Eastern Asia surged to X units, growing by 31% compared with the year before. In general, imports saw a remarkable increase. The pace of growth was the most pronounced in 2018 when imports increased by 43% against the previous year. The volume of import peaked in 2021 and is expected to retain growth in the near future.

In value terms, sailboat imports soared to $X in 2021. Overall, imports, however, showed a mild downturn. Over the period under review, imports reached the maximum at $X in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

Imports by Country

The purchases of the three major importers of sailboats for pleasure or sports, with or without auxiliary motor, namely Japan, Hong Kong SAR and China, represented more than two-thirds of total import. Taiwan (Chinese) (X units) ranks next in terms of the total imports with a 7.2% share, followed by South Korea (6.8%).

From 2012 to 2021, the biggest increases were recorded for Taiwan (Chinese) (with a CAGR of +15.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Hong Kong SAR ($X) constitutes the largest market for imported sailboats for pleasure or sports, with or without auxiliary motor in Eastern Asia, comprising 53% of total imports. The second position in the ranking was taken by Japan ($X), with a 22% share of total imports. It was followed by China, with a 16% share.

In Hong Kong SAR, sailboat imports increased at an average annual rate of +2.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Japan (-4.7% per year) and China (-4.6% per year).

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2021, leveling off at the previous year. Overall, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2014 an increase of 44% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Taiwan (Chinese) ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+4.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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