In 2024, the European Value Added of Ships and Boats Building highlights Italy with the highest value at 2.24 billion euros, followed closely by Germany at 2.18 billion euros. The Netherlands stands at 0.65 billion euros, with Greece, Slovenia, and Slovakia trailing at 0.17973, 0.0095, and 0.00084 billion euros respectively. In 2023, Germany showcased a strong year-on-year growth of 6.96%, while Italy also grew by 1.95%. Conversely, the Netherlands, Greece, and Slovakia experienced declines of -2.9%, -0.8%, and -11.86% respectively. Slovenia saw a modest growth of 1.4%. Over the past five years, the compounded annual growth rates (CAGR) provide additional insights into long-term trends.
Looking ahead, several factors are set to influence the future of European Value Added in ship and boat building. Key trends include technological advancements in shipbuilding, the shift towards sustainable and environmentally friendly practices, and potential economic fluctuations impacting the maritime sector. Monitoring these trends will be crucial for understanding future developments in this industry.
Top countries in Value Added of Ships and Boats Building by Country
| # | 6 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 2,240 | 2023 | +1.7% | +1.95% | View data |
| 2 | 2 Germany | 2,180 | 2023 | +2.5% | +6.96% | View data |
| 3 | 3 Netherlands | 650 | 2023 | -4.13% | -2.9% | View data |
| 4 | 4 Greece | 179.73 | 2023 | +0.36% | -0.8% | View data |
| 5 | 5 Slovenia | 9.5 | 2023 | +1.35% | +1.4% | View data |
| 6 | 6 Slovakia | 0.84 | 2023 | -8.83% | -11.86% | View data |
