MERCOSUR: Sailboat Market 2024

Sailboat Market Size in MERCOSUR

The MERCOSUR sailboat market fell to $X in 2021, dropping by -11.2% against the previous year. Over the period under review, consumption recorded a abrupt decline. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Sailboat Production in MERCOSUR

In value terms, sailboat production amounted to $X in 2021 estimated in export price. In general, production, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2015 with an increase of 65% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2021, production growth remained at a lower figure.

Sailboat Exports

Exports in MERCOSUR

After two years of decline, overseas shipments of sailboats for pleasure or sports, with or without auxiliary motor increased by 46% to X units in 2021. Over the period under review, exports, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 when exports increased by 371% against the previous year. As a result, the exports reached the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, sailboat exports surged to $X in 2021. Overall, exports, however, recorded a sharp contraction. The pace of growth was the most pronounced in 2014 with an increase of 94% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Argentina represented the largest exporting country with an export of about X units, which accounted for 74% of total exports. Venezuela (X units) took the second position in the ranking, followed by Colombia (X units). All these countries together took approx. 24% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to sailboat exports from Argentina stood at -4.9%. At the same time, Colombia (+9.9%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +9.9% from 2012-2021. By contrast, Venezuela (-13.0%) illustrated a downward trend over the same period. Argentina (+11 p.p.) and Colombia (+7.7 p.p.) significantly strengthened its position in terms of the total exports, while Venezuela saw its share reduced by -12.6% from 2012 to 2021, respectively.

In value terms, Argentina ($X), Colombia ($X) and Venezuela ($X) constituted the countries with the highest levels of exports in 2021, together comprising 88% of total exports.

Colombia, with a CAGR of +32.9%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries 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 MERCOSUR stood at $X per unit in 2021, shrinking by -6.8% against the previous year. In general, the export price showed a abrupt setback. The growth pace was the most rapid in 2017 an increase of 145% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Colombia ($X per unit), while Venezuela ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Colombia (+22.2%), while the other leaders experienced a decline in the export price figures.

Sailboat Imports

Imports in MERCOSUR

In 2021, approx. X units of sailboats for pleasure or sports, with or without auxiliary motor were imported in MERCOSUR; which is down by -47.7% against the previous year. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2014 when imports increased by 52%. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, sailboat imports reduced to $X in 2021. In general, imports recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2017 when imports increased by 24%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Chile was the key importer of sailboats for pleasure or sports, with or without auxiliary motor in MERCOSUR, with the volume of imports amounting to X units, which was near 49% of total imports in 2021. Peru (X units) took the second position in the ranking, distantly followed by Brazil (X units) and Uruguay (X units). All these countries together took approx. 39% share of total imports. Guyana (X units), Paraguay (X units) and Argentina (X units) followed a long way behind the leaders.

Imports into Chile decreased at an average annual rate of -3.3% from 2012 to 2021. At the same time, Guyana (+14.3%) and Uruguay (+4.2%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +14.3% from 2012-2021. By contrast, Peru (-13.9%), Brazil (-15.4%), Argentina (-24.9%) and Paraguay (-27.4%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Chile, Uruguay and Guyana increased by +29, +4.3 and +3.8 percentage points, respectively.

In value terms, Chile ($X) constitutes the largest market for imported sailboats for pleasure or sports, with or without auxiliary motor in MERCOSUR, comprising 52% of total imports. The second position in the ranking was taken by Brazil ($X), with a 23% share of total imports. It was followed by Peru, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Chile totaled -6.7%. The remaining importing countries recorded the following average annual rates of imports growth: Brazil (-24.0% per year) and Peru (-8.8% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per unit in 2021, rising by 70% against the previous year. Over the period under review, the import price, however, showed a noticeable curtailment. Over the period under review, import prices attained the peak figure at $X per unit in 2013; however, from 2014 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 Brazil ($X per unit), while Guyana ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Paraguay (+37.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform