The forecast for imports of marine propulsion compression-ignition internal combustion piston engines under 200 kW to France shows a consistent decline from 2024 to 2028. Starting at a value of 3.93 thousand items in 2024, the imports are expected to decrease each year, reaching 3.46 thousand items by 2028. This indicates a year-on-year decline of approximately 3.1% to 3.2% annually.
In 2023, the actual import figures stood at a higher level compared to the forecast for 2024-2028, suggesting a notable downward trend. The compound annual growth rate (CAGR) over this five-year period is projected to be a negative 2.5% approximately, highlighting the diminishing demand or potential market saturation.
Future trends in the industry to watch for include:
- Technological advancements in engine efficiency and alternative propulsion systems.
- Environmental regulations impacting the use of diesel engines.
- Economic factors affecting marine industry demand in France.