Global Sailboat Market 2024

Sailboat Market Size

In 2021, the global sailboat market increased by 37% to $X, rising for the fourth consecutive year after two years of decline. Over the period under review, the total consumption indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +7.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +74.2% against 2017 indices. Over the period under review, the global market attained the maximum level in 2021 and is expected to retain growth in the near future.

Sailboat Production

In value terms, sailboat production rose markedly to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +3.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2019 with an increase of 14% against the previous year. Global production peaked in 2021 and is likely to continue growth in years to come.

Sailboat Exports

Exports

In 2021, shipments abroad of sailboats for pleasure or sports, with or without auxiliary motor increased by 11% to X units, rising for the third consecutive year after four years of decline. Overall, total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +53.5% against 2018 indices. The pace of growth was the most pronounced in 2014 when exports increased by 45%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the global exports remained at a lower figure.

In value terms, sailboat exports surged to $X in 2021. Over the period under review, exports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 46%. Over the period under review, the global exports attained the maximum in 2021 and are likely to see steady growth in the near future.

Exports by Country

In 2021, the UK (X units), Australia (X units), the Netherlands (X units), South Africa (X units) and France (X units) represented the main exporter of sailboats for pleasure or sports, with or without auxiliary motor in the world, mixing up 65% of total export. Poland (X units), Thailand (X units), China (X units), Finland (X units), the United States (X units), Germany (X units) and Italy (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +30.4%), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, France ($X) remains the largest sailboat supplier worldwide, comprising 36% of global exports. The second position in the ranking was taken by the Netherlands ($X), with a 10% share of global exports. It was followed by Finland, with a 9% share.

From 2012 to 2021, the average annual growth rate of value in France totaled +12.7%. In the other countries, the average annual rates were as follows: the Netherlands (+38.5% per year) and Finland (+13.5% per year).

Export Prices by Country

The average sailboat export price stood at $X per unit in 2021, growing by 4.1% against the previous year. Overall, the export price recorded perceptible growth. The growth pace was the most rapid in 2017 an increase of 62% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per unit), while Australia ($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 (+8.4%), while the other global leaders experienced more modest paces of growth.

Sailboat Imports

Imports

Global sailboat imports surged to X units in 2021, increasing by 81% compared with the year before. Overall, imports showed a pronounced increase. The pace of growth appeared the most rapid in 2019 when imports increased by 518% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of global imports remained at a lower figure.

In value terms, sailboat imports soared to $X in 2021. In general, total imports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.5% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Bahamas represented the largest importer of sailboats for pleasure or sports, with or without auxiliary motor in the world, with the volume of imports finishing at X units, which was approx. 45% of total imports in 2021. It was distantly followed by Qatar (X units) and the Netherlands (X units), together making up a 20% share of total imports. The following importers - British Virgin Islands (X units), Greece (X units), the United States (X units), France (X units), the UK (X units), Gibraltar (X units), Germany (X units), Italy (X units) and Spain (X units) - together made up 22% of total imports.

Bahamas was also the fastest-growing in terms of the sailboats for pleasure or sports, with or without auxiliary motor imports, with a CAGR of +61.6% from 2012 to 2021. At the same time, Greece (+35.2%), the Netherlands (+17.7%), Gibraltar (+16.2%), France (+13.9%), Spain (+11.7%), Germany (+10.1%), Italy (+7.5%), the United States (+4.6%) and British Virgin Islands (+2.6%) displayed positive paces of growth. By contrast, the UK (-1.9%) and Qatar (-10.9%) illustrated a downward trend over the same period. While the share of Bahamas (+44 p.p.), the Netherlands (+4.6 p.p.) and Greece (+3 p.p.) increased significantly in terms of the global imports from 2012-2021, the share of the UK (-1.7 p.p.) and Qatar (-40.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sailboat importing markets worldwide were British Virgin Islands ($X), the Netherlands ($X) and the United States ($X), together accounting for 34% of global imports. The UK, France, Italy, Germany, Gibraltar, Greece, Spain, Bahamas and Qatar lagged somewhat behind, together accounting for a further 37%.

Among the main importing countries, Greece, with a CAGR of +27.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average sailboat import price stood at $X per unit in 2021, with a decrease of -30.2% against the previous year. Overall, the import price, however, enjoyed pronounced growth. The pace of growth was the most pronounced in 2020 when the average import price increased by 292%. Global import price peaked at $X per unit in 2018; however, from 2019 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 British Virgin Islands ($X per unit), while Qatar ($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 (+7.7%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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