The import of motorboats (other than outboard motorboats) to France showed significant fluctuations over the years. The value stood at 234.23 million USD in 2023. Historical data indicate notable volatility with periods of sharp declines (e.g., 2020 saw a -61.34% decrease) and sudden increases (like the 117.33% rise in 2021). Over the last five years, the compound annual growth rate (CAGR) has been -3.69%, reflecting a downward trend.
Between 2023 and 2028, the import value is forecasted to decline at a CAGR of -3.34%, resulting in an overall decrease of approximately 15.62% over the five-year period. This indicates a continual downward trend in imports.
Future trends to watch for:
- Economic recovery and consumer confidence influencing luxury good imports.
- Regulatory changes impacting import tariffs and boat registrations.
- Technological advancements in marine engineering offering newer, more attractive models.
- Environmental trends pushing for sustainable and eco-friendly solutions.