Among European countries, Belgium, with a significant lead, captured a substantial export share of outboard motors for marine propulsion in 2023, followed by the United Kingdom and Germany. Recent year-on-year data shows marked variances: the United Kingdom experienced a decline, while Portugal and Finland exhibited robust growth. Other notable increases were observed in Spain, Sweden, and Denmark. Conversely, Latvia and Romania saw declines. Over five years, the compound annual growth rate underscores sustained increases in select countries, with variations in performance across the continent.
Future trends to watch include Belgium's ability to maintain its leading position and the potential for countries like Finland and Portugal to further accelerate growth. Monitoring the impact of technological advancements and environmental regulations on export dynamics will be crucial for stakeholders in this sector.
Top countries in Export of Outboard Motors for Marine Propulsion Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 43.65 | 2023 | +4.07% | +6.37% | View data |
| 2 | 2 United Kingdom | 26.14 | 2023 | +4.32% | -22.06% | View data |
| 3 | 3 Germany | 8.77 | 2023 | +1.1% | +1.44% | View data |
| 4 | 4 France | 4.42 | 2023 | -12.35% | +3.4% | View data |
| 5 | 5 Spain | 3.8 | 2023 | +5.4% | +19.04% | View data |
| 6 | 6 Netherlands | 2.62 | 2023 | +8.44% | +8.66% | View data |
| 7 | 7 Portugal | 2.08 | 2023 | +19.58% | +25.72% | View data |
| 8 | 8 Italy | 1.89 | 2023 | -19.66% | -12.16% | View data |
| 9 | 9 Austria | 1.17 | 2023 | +2.95% | +3.87% | View data |
| 10 | 10 Finland | 1 | 2023 | +2.58% | +26.84% | View data |
