The Netherlands leads European imports of outboard motors, with significant year-on-year growth of 10.21% in 2023, reaching 73.56 thousand items. Belgian imports are second, showing a stable increase of 2.78%. Notable growth was also observed in Denmark, with a 17.77% rise. The UK and Austria experienced declines, by 4.43% and 3.2% respectively. Remarkably, Malta saw the highest surge at 29.54%. Overall, countries like Finland and Portugal displayed solid growth, whereas others such as Slovakia struggled massively, with a drastic drop of 52.15%.
In the coming years, anticipate increased demand in Northern and Western Europe driven by recreational boating and sports activities. There may be shifts in market dynamics due to environmental considerations influencing imports as well as potential economic fluctuations across the region. Observing technological advancement in innovative marine propulsion systems may also alter market behaviors.
Top countries in Import of Outboard Motors for Marine Propulsion by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 73,560 | 2023 | +7.67% | +10.21% | View data |
| 2 | 2 Belgium | 65,150 | 2023 | +5.48% | +2.78% | View data |
| 3 | 3 Denmark | 39,760 | 2023 | +16.56% | +17.77% | View data |
| 4 | 4 Italy | 24,310 | 2023 | +7.72% | +2.52% | View data |
| 5 | 5 Sweden | 19,180 | 2023 | +3.42% | +8.39% | View data |
| 6 | 6 France | 15,630 | 2023 | +11.27% | +4.24% | View data |
| 7 | 7 Finland | 14,520 | 2023 | +2.34% | +16.47% | View data |
| 8 | 8 Spain | 14,250 | 2023 | +9.51% | +3.13% | View data |
| 9 | 9 Poland | 13,320 | 2023 | +4.64% | +7.28% | View data |
| 10 | 10 Germany | 12,860 | 2023 | +0.63% | +7.1% | View data |
