The European sold production of motor boats and yachts for 2023 shows the Netherlands leading with €2.5676 billion, followed by Italy and Germany. The Netherlands and Germany experienced significant growth rates of 15.01% and 14.42%, respectively. Italy also saw a moderate increase of 5.29%. The United Kingdom and Finland maintained stable performance, while Denmark showed the highest surge at 50.62%. In contrast, Norway's production decreased by 4.63%. Estonian, Croatian, and other smaller markets observed minimal changes.
Looking ahead, the European market may witness continued growth driven by increasing demand and technological advancements. Sustainable practices and innovations like electric boats could potentially shape future production trends.
Top countries in Sold Production of Motor Boats and Motor Yachts for Pleasure or Sports by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 2,567,600,000 | 2023 | +9.8% | +15.01% | View data |
| 2 | 2 Italy | 2,404,100,000 | 2023 | +9.8% | +5.29% | View data |
| 3 | 3 Germany | 1,260,900,000 | 2023 | +3.25% | +14.42% | View data |
| 4 | 4 United Kingdom | 434,050,000 | 2023 | -0.26% | +0.34% | View data |
| 5 | 5 Finland | 123,020,000 | 2023 | +6.02% | +7% | View data |
| 6 | 6 Portugal | 75,657,000 | 2023 | +3.46% | +7% | View data |
| 7 | 7 Norway | 53,988,000 | 2023 | +3.17% | -4.63% | View data |
| 8 | 8 Estonia | 10,949,000 | 2023 | +7.21% | +5.84% | View data |
| 9 | 9 Croatia | 6,847,700 | 2023 | +1.49% | -0.66% | View data |
| 10 | 10 Hungary | 1,484,100 | 2023 | +5.67% | View data |
