In 2023, Germany led European ship and boat production with 7.06 billion Euros, followed by France at 5.59 billion Euros. Finland and Spain had values of 1.78 and 1.76 billion Euros respectively. Greece, Austria, Slovenia, and Belgium contributed significantly less to the overall production. Year-over-year variations showed growth in Germany (4.63%), France (4.32%), Finland (0.73%), Austria (3.19%), and Belgium (6.19%), with declines in Spain (-7.4%), Greece (-1.84%), and Slovenia (-2.33%). Over the past five years, Germany and France demonstrated robust growth, while Spain exhibited a notable decline. Belgium showed the highest recent growth rate, which reflects a strong upward trend.
Future trends to watch include Germany and France continuing to expand production capabilities, potential recovery in Spanish production, and possible increasing contributions from smaller markets like Austria and Belgium. The advent of automation in shipbuilding, as well as an emphasis on sustainability and green technologies, could significantly reshape the landscape over the next decade.
Top countries in Production of Ships and Boats Building by Country
| # | 8 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 7,060 | 2023 | +1.12% | +4.63% | View data |
| 2 | 2 France | 5,590 | 2023 | +0.79% | +4.32% | View data |
| 3 | 3 Finland | 1,780 | 2023 | +1.14% | +0.73% | View data |
| 4 | 4 Spain | 1,760 | 2023 | -5.39% | -7.4% | View data |
| 5 | 5 Greece | 235.86 | 2023 | -0.83% | -1.84% | View data |
| 6 | 6 Austria | 57.14 | 2023 | +3.21% | +3.19% | View data |
| 7 | 7 Slovenia | 31.04 | 2023 | -0.034% | -2.33% | View data |
| 8 | 8 Belgium | 21.2 | 2023 | -4.5% | +6.19% | View data |
