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Report Ecuador - Motor Boats and Motor Yachts, for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Jan 1, 2025

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

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Ecuador: Motor Boat Market 2025

Motor Boat Market Size in Ecuador

The Ecuadorian motor boat market declined to $X in 2021, almost unchanged from the previous year. Over the period under review, consumption showed a perceptible setback. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Motor Boat Production in Ecuador

In value terms, motor boat production reached $X in 2021 estimated in export price. Overall, production recorded a noticeable downturn. The growth pace was the most rapid in 2015 when the production volume increased by 46% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Motor Boat Exports

Exports from Ecuador

In 2021, exports of motor boats and motor yachts, for pleasure or sports from Ecuador surged to X units, rising by 278% compared with 2020. Overall, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 2,050%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, motor boat exports soared to $X in 2021. In general, exports enjoyed a remarkable increase. The growth pace was the most rapid in 2013 with an increase of 7,593% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Peru (X units) was the main destination for motor boat exports from Ecuador, accounting for a 79% share of total exports. Moreover, motor boat exports to Peru exceeded the volume sent to the second major destination, Spain (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Peru totaled +44.2%.

In value terms, Peru ($X) remains the key foreign market for motor boats and motor yachts, for pleasure or sports exports from Ecuador, comprising 69% of total exports. The second position in the ranking was taken by Spain ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Peru totaled +13.9%.

Export Prices by Country

In 2021, the average motor boat export price amounted to $X per unit, dropping by -40.8% against the previous year. In general, the export price faced a deep downturn. The pace of growth appeared the most rapid in 2015 an increase of 741% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Peru ($X per unit), while the average price for exports to Spain amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (-3.3%).

Motor Boat Imports

Imports into Ecuador

In 2021, motor boat imports into Ecuador soared to X units, surging by 133% against the previous year. Over the period under review, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 1,000%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, motor boat imports soared to $X in 2021. In general, imports, however, recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 1,429%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The United States (X units), Norway (X units) and Spain (X units) were the main suppliers of motor boat imports to Ecuador.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of 0.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the United States ($X) constituted the largest supplier of motor boats and motor yachts, for pleasure or sports to Ecuador, comprising 72% of total imports. The second position in the ranking was taken by Spain ($X), with a 3.2% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from the United States totaled -2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+40.3% per year) and Norway (0.0% per year).

Import Prices by Country

In 2021, the average motor boat import price amounted to $X per unit, reducing by -19.3% against the previous year. Over the period under review, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 289%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

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 the United States ($X per unit), while the price for Norway ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+29.6%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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. Russia, Japan, Seychelles, Mexico, Indonesia, Brazil, Germany, Ethiopia, Hong Kong SAR and Dominica lagged somewhat behind, together comprising a further 29%.
The countries with the highest volumes of motor boat production in 2020 were China, the United States and India, together accounting for 37% of global production. These countries were followed by Russia, Japan, Mexico, Indonesia, Brazil, Italy, the UK, Ethiopia, Germany and the Netherlands, which together accounted for a further 31%.
In value terms, the United States constituted the largest supplier of motor boat to Ecuador.
In value terms, Spain remains the key foreign market for motor boat exports from Ecuador.
In 2020, the average motor boat export price amounted to $1,992 per unit, jumping by 31% against the previous year.
The average motor boat import price stood at $13,674 per unit in 2020, increasing by 9.3% against the previous year.

This report provides an in-depth analysis of the motor boat market in Ecuador. 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:

  • Ecuador

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Ecuador
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2024
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2024
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2024
    2. Market Volume, In Physical Terms, 2012–2024
    3. Market Value, 2012–2024
    4. Per Capita Consumption In 2012-2024
    5. Imports, In Physical Terms, By Country, 2012–2024
    6. Imports, In Value Terms, By Country, 2012–2024
    7. Import Prices, By Country Of Origin, 2012–2024
    8. Exports, In Physical Terms, By Country, 2012–2024
    9. Exports, In Value Terms, By Country, 2012–2024
    10. Export Prices, By Country Of Destination, 2012–2024

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2024
    2. Market Value, 2012–2024
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
    5. Trade Balance, In Physical Terms, 2012-2024
    6. Trade Balance, In Value Terms, 2012-2024
    7. Per Capita Consumption, 2012-2024
    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, 2012–2024
    22. Production, In Value Terms, 2012–2024
    23. Imports, In Physical Terms, 2012–2024
    24. Imports, In Value Terms, 2012–2024
    25. Imports, In Physical Terms, By Country, 2024
    26. Imports, In Physical Terms, By Country, 2012–2024
    27. Imports, In Value Terms, By Country, 2012–2024
    28. Import Prices, By Country Of Origin, 2012–2024
    29. Exports, In Physical Terms, 2012–2024
    30. Exports, In Value Terms, 2012–2024
    31. Exports, In Physical Terms, By Country, 2024
    32. Exports, In Physical Terms, By Country, 2012–2024
    33. Exports, In Value Terms, By Country, 2012–2024
    34. Export Prices, By Country Of Destination, 2012–2024

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