Between 2024 and 2028, the UK is projected to experience a steady decline in the import volume of rowing boats, canoes, and pleasure boats (excluding sailboats). Starting at 743.81 thousand kilograms in 2024, the volume is anticipated to decrease to 639.32 thousand kilograms by 2028. This reflects an overall downward trend with a compound annual growth rate (CAGR) signifying an average annual reduction over the five-year period.
Future trends to watch include:
- Potential influences of economic conditions on recreational boating demand.
- Environmental policies impacting boat manufacturing and imports.
- Technological advancements in boat design and materials that may shift demand.
