United Arab Emirates: Sailboat Market 2025

Sailboat Market Size in the United Arab Emirates

For the fourth consecutive year, the sailboat market in the United Arab Emirates recorded growth in sales value, which increased by 137% to $X in 2021. Overall, consumption posted a strong expansion. Sailboat consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Sailboat Production in the United Arab Emirates

In value terms, sailboat production shrank markedly to $X in 2021 estimated in export price. In general, production showed a abrupt slump. The growth pace was the most rapid in 2020 when the production volume increased by 570% against the previous year. Sailboat production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Sailboat Exports

Exports from the United Arab Emirates

In 2021, shipments abroad of sailboats for pleasure or sports, with or without auxiliary motor was finally on the rise to reach X units after three years of decline. Over the period under review, exports showed a remarkable increase. The pace of growth was the most pronounced in 2013 when exports increased by 367% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

In value terms, sailboat exports soared to $X in 2021. Overall, exports enjoyed prominent growth. The pace of growth was the most pronounced in 2013 with an increase of 105%. Over the period under review, the exports attained the peak figure at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Seychelles (X units) was the main destination for sailboat exports from the United Arab Emirates, with a 88% share of total exports. Moreover, sailboat exports to Seychelles exceeded the volume sent to the second major destination, Singapore (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Seychelles amounted to +48.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Singapore (0.0% per year) and Kuwait (-11.5% per year).

In value terms, Singapore ($X) remains the key foreign market for sailboats for pleasure or sports, with or without auxiliary motor exports from the United Arab Emirates, comprising 11% of total exports. The second position in the ranking was taken by Seychelles ($X), with a 3.3% share of total exports. It was followed by Malta, with a 2.4% share.

From 2012 to 2021, the average annual growth rate of value to Singapore amounted to +38.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Seychelles (+18.3% per year) and Malta (-16.4% per year).

Export Prices by Country

In 2021, the average sailboat export price amounted to $X per unit, waning by -25% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 130% against the previous year. As a result, the export price attained the peak level of $X per unit, and then declined remarkably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Seychelles ($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 Kuwait (+45.4%), while the prices for the other major destinations experienced mixed trend patterns.

Sailboat Imports

Imports into the United Arab Emirates

Sailboat imports into the United Arab Emirates surged to X units in 2021, jumping by 216% compared with 2020 figures. Overall, imports recorded a strong expansion. Imports peaked at X units in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, sailboat imports skyrocketed to $X in 2021. In general, imports saw a strong expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Hong Kong SAR (X units) constituted the largest sailboat supplier to the United Arab Emirates, accounting for a 36% share of total imports. Moreover, sailboat imports from Hong Kong SAR exceeded the figures recorded by the second-largest supplier, Sweden (X units), twofold. The third position in this ranking was held by Singapore (X units), with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from Hong Kong SAR totaled +60.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+46.5% per year) and Singapore (+33.0% per year).

In value terms, the UK ($X), France ($X) and the United States ($X) constituted the largest sailboat suppliers to the United Arab Emirates, together comprising 5.8% of total imports. These countries were followed by Hong Kong SAR, China, Kuwait, Sweden, Saudi Arabia, Singapore and Malaysia, which together accounted for a further 2.9%.

Hong Kong SAR, with a CAGR of +112.6%, recorded the highest rates of growth with regard to 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, waning by -7.4% against the previous year. In general, the import price, however, showed strong growth. The pace of growth appeared the most rapid in 2017 an increase of 172%. Over the period under review, average import prices reached the peak figure at $X per unit in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+53.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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