The Netherlands leads the global export of yachts and related vessels with significant export value, showing a 4.1% increase year-over-year. Italy and the United States follow, with Italy experiencing slight growth, while the US sees a slight decline. Germany and Poland show solid year-on-year growth, indicating rising competitiveness. Meanwhile, Canada, Spain, and Norway faced notable declines in export value. We'll notice a diversity in performance, with emerging and smaller markets like Antigua and Barbados showing remarkable growth, albeit from a smaller base.
Future trends to watch include:
- Technological innovations, especially in sustainable and electric yachts, could reshape export dynamics.
- Shifting wealth demographics and luxury spending potential in emerging markets may alter traditional export routes.
- Impacts of global economic conditions and geopolitical tensions on export patterns and demand.
- Potential policy changes in major exporting countries could influence global market shares.
Top countries in Export of Yachts, Pleasure, Sports Vessels, Rowing Boats and Canoes Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 19.99 | 2023 | +4.52% | +4.1% | View data |
| 2 | 2 Italy | 14.28 | 2023 | +0.98% | +0.42% | View data |
| 3 | 3 United States | 10.13 | 2023 | +0.099% | -0.42% | View data |
| 4 | 4 Germany | 9.42 | 2023 | +1.16% | +5.9% | View data |
| 5 | 5 France | 7.66 | 2023 | +0.91% | +0.77% | View data |
| 6 | 6 United Kingdom | 7.01 | 2023 | +0.95% | -0.48% | View data |
| 7 | 7 Cyprus | 5.18 | 2023 | +6.42% | +1.2% | View data |
| 8 | 8 Poland | 4.71 | 2023 | +4.25% | +5.73% | View data |
| 9 | 9 Mexico | 3.45 | 2023 | +4.83% | +5.37% | View data |
| 10 | 10 China | 3.44 | 2023 | +3.97% | +2.64% | View data |
