Israel: Sailboat Market 2025

Sailboat Market Size in Israel

The Israeli sailboat market totaled less than $X in 2021, approximately mirroring the previous year. Over the period under review, consumption continues to indicate a relatively flat trend pattern.

Sailboat Production in Israel

In value terms, sailboat production fell notably to $X in 2021 estimated in export price. Over the period under review, production, however, posted a resilient expansion. The most prominent rate of growth was recorded in 2013 with a decrease of -39.9%. Sailboat production peaked at $X in 2020, and then declined sharply in the following year.

Sailboat Exports

Exports from Israel

After three years of growth, shipments abroad of sailboats for pleasure or sports, with or without auxiliary motor decreased by -97.7% to X units in 2021. Over the period under review, exports, however, showed prominent growth. The pace of growth was the most pronounced in 2019 with an increase of 4,233% against the previous year. The exports peaked at X units in 2020, and then declined markedly in the following year.

In value terms, sailboat exports reduced markedly to $X in 2021. In general, exports showed a abrupt decline. The pace of growth appeared the most rapid in 2020 when exports increased by 4,361%. As a result, the exports reached the peak of $X, and then declined notably in the following year.

Exports by Country

Turkey (X units) was the main destination for sailboat exports from Israel, with a 86% share of total exports. Moreover, sailboat exports to Turkey exceeded the volume sent to the second major destination, Cyprus (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Turkey amounted to +31.8%.

In value terms, Turkey ($X) emerged as the key foreign market for sailboats for pleasure or sports, with or without auxiliary motor exports from Israel, comprising 80% of total exports. The second position in the ranking was held by Cyprus ($X), with a 9.8% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Turkey amounted to +9.9%.

Export Prices by Country

The average sailboat export price stood at $X per unit in 2021, falling by -77.2% against the previous year. Over the period under review, the export price faced a sharp setback. The growth pace was the most rapid in 2020 an increase of 839%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Cyprus ($X per unit), while the average price for exports to Turkey stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-15.9%).

Sailboat Imports

Imports into Israel

In 2021, approx. X units of sailboats for pleasure or sports, with or without auxiliary motor were imported into Israel; rising by 18% against 2020. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 256%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, sailboat imports surged to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by 103% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

The Netherlands (X units), the United States (X units) and Greece (X units) were the main suppliers of sailboat imports to Israel, with a combined 12% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +26.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sailboat suppliers to Israel were Croatia ($X), Greece ($X) and Turkey ($X), with a combined 13% share of total imports. The United States, Germany, France, Italy, the Netherlands, the UK, Canada, Spain, New Zealand and Belgium lagged somewhat behind, together accounting for a further 11%.

Italy, with a CAGR of +38.3%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average sailboat import price amounted to $X per unit, growing by 1.6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 135% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

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 Croatia ($X per unit), while the price for the Netherlands ($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 (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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