The Netherlands leads the global export market for yachts, pleasure, sports vessels, rowing boats, and canoes in 2023 with significant growth in value over the last two years. Italy and Germany show positive trends, while the United States experiences a downturn. Greece, Latvia, and Myanmar noted notable year-on-year increases. Conversely, Malta and Norway face substantial declines. Yearly fluctuations underscore the volatility of this sector, often influenced by changing consumer preferences and economic conditions. The CAGR over five years reveals sustained growth in leading exporters, highlighting regional strengths and specialized production capabilities.
Future trends to watch involve advances in sustainable manufacturing and the adoption of environmentally friendly designs responding to global environmental concerns. Market dynamics in Asia-Pacific present opportunities for expansion, with emerging economies increasing their market share. Monitoring geopolitical shifts and their impact on trade agreements will also be crucial for anticipating market directions in this luxury-oriented sector.
Top countries in Export of Yachts, Pleasure, Sports Vessels, Rowing Boats and Canoes by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 3,116,800,000 | 2023 | +4.52% | +4.1% | View data |
| 2 | 2 Italy | 2,226,100,000 | 2023 | +0.98% | +0.42% | View data |
| 3 | 3 United States | 1,578,600,000 | 2023 | +0.099% | -0.42% | View data |
| 4 | 4 Germany | 1,468,300,000 | 2023 | +1.16% | +5.9% | View data |
| 5 | 5 France | 1,194,400,000 | 2023 | +0.91% | +0.77% | View data |
| 6 | 6 United Kingdom | 1,093,200,000 | 2023 | +0.95% | -0.48% | View data |
| 7 | 7 Cyprus | 808,160,000 | 2023 | +6.42% | +1.2% | View data |
| 8 | 8 Poland | 735,010,000 | 2023 | +4.25% | +5.73% | View data |
| 9 | 9 Mexico | 538,420,000 | 2023 | +4.83% | +5.37% | View data |
| 10 | 10 China | 535,690,000 | 2023 | +3.97% | +2.64% | View data |