Forecast: Pleasure and Sporting Boats Building Production Value in Sweden

Analyzing the production value of pleasure and sporting boats building in Sweden, the data indicates a fluctuating trend between 2013 and 2023. The period began with a decline from 203.7 million Euros in 2013 to 160.9 million Euros in 2014. This was followed by a rise to 209.3 million Euros by 2016, before reaching a peak of 212.8 million Euros in 2020. Subsequent years saw a decline, with the value standing at 177.0 million Euros in 2023.

Year-on-year percentage changes reveal variances with notable drops in 2014 and 2021, contrasted with increases in 2015, 2016, and 2020. Over the last five years (2019-2023), the cumulative annual growth rate (CAGR) was -2.41%.

Future trends to watch for include:

  • Continued slight decline in production value as forecasted, with the value expected to reach 173.2 million Euros by 2028.
  • CAGR for the forecasted period (2024-2028) is predicted to be -0.31%.
  • The potential impact of technological advancements and environmental regulations on production processes and costs.
  • Market dynamics driven by shifts in consumer preferences and economic conditions.

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