Italy leads the global export market for ships' or boats' propellers and blades, with 25.787 million kilograms in 2023, marking a 5.44% year-on-year increase. Other significant exporters include China and the Netherlands, both experiencing growth of 1.73% and 6.64%, respectively. Noteworthy growth was observed in the United Arab Emirates (27.08%) and Slovenia (170.15%). Meanwhile, Japan and South Korea saw slight declines of 1.03% and 1.26%. Singapore witnessed a notable decrease of 29.48%, influenced by market dynamics and competitive pressures.
Future trends to watch include technological advancements contributing to more efficient propeller designs, and geopolitical factors potentially influencing trade relations. The market may also see increased competition from emerging economies expanding their marine technology capabilities.
Top countries in Export of Ships' or Boats' Propellers and Blades Thereof by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 25,787,000 | 2023 | +4.56% | +5.44% | View data |
| 2 | 2 China | 10,378,000 | 2023 | +1.06% | +1.73% | View data |
| 3 | 3 Netherlands | 10,351,000 | 2023 | -3.58% | +6.64% | View data |
| 4 | 4 United Kingdom | 8,211,600 | 2023 | +2.14% | +2.07% | View data |
| 5 | 5 Japan | 6,466,000 | 2023 | -4.23% | -1.03% | View data |
| 6 | 6 Germany | 5,568,000 | 2023 | -2.15% | +0.037% | View data |
| 7 | 7 Spain | 4,660,500 | 2023 | +3.74% | +2.85% | View data |
| 8 | 8 Portugal | 2,948,400 | 2023 | +2.16% | +0.49% | View data |
| 9 | 9 United Arab Emirates | 2,329,600 | 2023 | -2.26% | +27.08% | View data |
| 10 | 10 South Korea | 2,192,500 | 2023 | -1.12% | -1.26% | View data |
