In 2023, the import value of motorboats, other than outboard motorboats, to the US stood at $2.72K. The forecasted data for 2024 predicts a value of $2.63K, indicating a year-on-year decrease of approximately 3.3%. This downward trend is expected to continue over the next few years, with projected values of $2.54K for 2025, $2.46K for 2026, $2.38K for 2027, and $2.3K for 2028. The average year-on-year decrease over this five-year forecast period, described as the Compound Annual Growth Rate (CAGR), is approximately -3.3%.

Future trends to watch for:

Changes in consumer preferences and the impact of economic factors such as disposable income and fuel prices on the demand for leisure boats.
Technological advancements and their potential to either disrupt or stimulate the motorboat market.
Changes in trade policies and tariffs that may affect the import costs of motorboats.