The global export of special purpose ships and vessels is dominated by China, Brazil, and South Korea, which collectively hold a significant market share. Over the past year, South Korea exhibited a notable increase in its share by 11.49%, whereas the United States experienced a decline of 3.52%. In Europe, significant growth was observed in markets like the Ivory Coast and Switzerland, showing staggering year-on-year growth rates of over 71% and 580.77% respectively. Meanwhile, countries like Poland and Russia suffered reductions in their export share, highlighting a volatile market landscape.
Looking ahead, there is a promising outlook for emerging markets, especially with significant improvements noted in the United Kingdom and new entrants like Madagascar. Attention should be given to technological advancements and regulatory changes that could reshape the competitive landscape and influence future export dynamics for special purpose ships and vessels.
Top countries in Export of Special Purpose Ships and Vessels Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 26.38 | 2023 | +3.65% | +1.49% | View data |
| 2 | 2 Brazil | 23.36 | 2023 | +4.65% | +0.48% | View data |
| 3 | 3 South Korea | 22.3 | 2023 | -3.8% | +11.49% | View data |
| 4 | 4 India | 10.53 | 2023 | +1.81% | +5.33% | View data |
| 5 | 5 Thailand | 5.49 | 2023 | +3.64% | +3.77% | View data |
| 6 | 6 United Arab Emirates | 2.34 | 2023 | +2.54% | +1.58% | View data |
| 7 | 7 Netherlands | 1.64 | 2023 | -5.1% | +1.93% | View data |
| 8 | 8 Saudi Arabia | 1.5 | 2023 | +2.34% | -2.1% | View data |
| 9 | 9 Oman | 1.43 | 2023 | +6.18% | +0.2% | View data |
| 10 | 10 United States | 1.37 | 2023 | -1.12% | -3.52% | View data |
