Indonesia: Motor Boat Market 2025

Motor Boat Market Size in Indonesia

The Indonesian motor boat market skyrocketed to $X in 2021, growing by 360% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a tangible increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Motor Boat Exports

Exports from Indonesia

In 2021, after three years of growth, there was decline in overseas shipments of motor boats and motor yachts, for pleasure or sports, when their volume decreased by 0% to X units. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2015 with an increase of 220% against the previous year. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, motor boat exports expanded significantly to $X in 2021. In general, exports showed a deep reduction. The growth pace was the most rapid in 2015 with an increase of 338% against the previous year. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Philippines (X units), Timor-Leste (X units) and Nigeria (X units) were the main destinations of motor boat exports from Indonesia, together accounting for 80% of total exports. Moreover, motor boat exports in the Philippines exceeded the figures recorded by the second-largest exporter, Timor-Leste, twofold.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for motor boat exported from Indonesia were Australia ($X), the Philippines ($X) and Singapore ($X), together accounting for 71% of total exports. These countries were followed by Nigeria, Italy, Timor-Leste and Malaysia, which together accounted for a further 25%.

Timor-Leste, with a CAGR of +36.2%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average motor boat export price stood at $X per unit in 2021, picking up by 7.8% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average export price increased by 41%. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Timor-Leste ($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 Timor-Leste (+35.4%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Imports

Imports into Indonesia

In 2021, overseas purchases of motor boats and motor yachts, for pleasure or sports were finally on the rise to reach X units after two years of decline. Over the period under review, imports saw slight growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, motor boat imports skyrocketed to $X in 2021. Overall, imports posted a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Australia (X units) constituted the largest motor boat supplier to Indonesia, with a 54% share of total imports. Moreover, motor boat imports from Australia exceeded the figures recorded by the second-largest supplier, Thailand (X units), twofold. Canada (X units) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Australia amounted to +35.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+26.0% per year) and Canada (-1.1% per year).

In value terms, Australia ($X) constituted the largest supplier of motor boats and motor yachts, for pleasure or sports to Indonesia, comprising 45% of total imports. The second position in the ranking was held by France ($X), with a 21% share of total imports. It was followed by Thailand, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Australia totaled +26.7%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+23.4% per year) and Thailand (+89.4% per year).

Import Prices by Country

The average motor boat import price stood at $X per unit in 2021, falling by -15.1% against the previous year. Over the period under review, the import price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 249%. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then dropped significantly in the following year.

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 France ($X per unit), while the price for Singapore ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+52.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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