The import of rowing boats, canoes, and pleasure boats other than sailboats to Denmark has shown significant fluctuation over the years, reaching 6.21 thousand in 2023. From actual data between 2013 and 2023, major variations highlight highs in 2014 and 2017 and lows in 2016 and 2020. The year-on-year variation over the past two years is 13.23% for 2022 and 1.82% for 2023, indicating a slowdown in growth. The compound annual growth rate (CAGR) for the past five years stands at a stable 7.03%.
Forecast data from 2024 to 2028 suggest steady growth, with a forecasted CAGR of 1.44% over this period, pointing to an overall 7.42% increase by 2028.
Future trends to watch for include the potential impacts of technological advancements in boat manufacturing, increasing environmental regulations, and shifting consumer preferences towards more sustainable and versatile recreational watercraft.
