Report Update Nov 1, 2024

Ghana - Sailboats for Pleasure or Sports, With or Without Auxiliary Motor - Market Analysis, Forecast, Size, Trends and Insights

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Ghana: Sailboat Market 2024

Sailboat Market Size in Ghana

The Ghanian sailboat market fell to $X in 2021, remaining constant against the previous year. Overall, consumption continues to indicate a noticeable descent. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Sailboat Production in Ghana

In value terms, sailboat production reduced modestly to $X in 2021 estimated in export price. In general, production saw a noticeable reduction. The pace of growth appeared the most rapid in 2015 with an increase of 266% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth failed to regain momentum.

Sailboat Exports

Exports from Ghana

In 2021, approx. less than X units of sailboats for pleasure or sports, with or without auxiliary motor were exported from Ghana; approximately equating the previous year. In general, exports saw a relatively flat trend pattern.

In value terms, sailboat exports totaled less than $X in 2021. Over the period under review, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2015. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Sailboat Imports

Imports into Ghana

In 2021, after three years of growth, there was decline in overseas purchases of sailboats for pleasure or sports, with or without auxiliary motor, when their volume decreased by 0% to X units. Over the period under review, imports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2016 when imports increased by 211%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, sailboat imports soared to $X in 2021. In general, imports enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 347%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of sailboat to Ghana, with a 45% share of total imports. Moreover, sailboat imports from Germany exceeded the figures recorded by the second-largest supplier, the United States (X units), twofold. The third position in this ranking was taken by South Africa (X units), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +34.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.0% per year) and South Africa (+3.2% per year).

In value terms, Germany ($X) constituted the largest supplier of sailboats for pleasure or sports, with or without auxiliary motor to Ghana, comprising 55% of total imports. The second position in the ranking was taken by the United States ($X), with a 27% share of total imports. It was followed by South Africa, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +63.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+12.2% per year) and South Africa (+19.4% per year).

Import Prices by Country

The average sailboat import price stood at $X per unit in 2021, surging by 217% against the previous year. Over the period under review, the import price recorded a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+23.7%), 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 sailboats for pleasure or sports, with or without auxiliary motor in the world?

The Netherlands constituted the country with the largest volume of sailboat consumption, accounting for 30% of total volume. Moreover, sailboat consumption in the Netherlands exceeded the figures recorded by the second-largest consumer, China, twofold. The United States ranked third in terms of total consumption with a 6.7% share.

What are the largest producers of sailboats for pleasure or sports, with or without auxiliary motor in the world?

China remains the largest sailboat producing country worldwide, comprising approx. 21% of total volume. Moreover, sailboat production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.9% share.

What are the leading suppliers of sailboats for pleasure or sports, with or without auxiliary motor to Ghana?

In value terms, South Africa constituted the largest supplier of sailboat to Ghana.

What is the average import price for sailboats for pleasure or sports, with or without auxiliary motor in Ghana?

In 2020, the average sailboat import price amounted to $45,399 per unit, with an increase of 17% against the previous year.

This report provides an in-depth analysis of the sailboat market in Ghana. 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 30121100 - Sailboats (except inflatable) for pleasure or sports, with or without auxiliary motor

Country coverage:

Ghana

Data coverage:

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