The import of motorboats, other than outboard motorboats, to Denmark has shown significant fluctuations from 2013 to 2023, peaking in 2017. In 2023, the value stood at 4.2833 million USD. Year-on-year variation highlights a notable volatility with significant increases and sharp declines over the period. From 2022 to 2023, the import value decreased by 10.83%, and the compound annual growth rate (CAGR) over the last five years has been -3.63%. The projected five-year period indicates a continuous decline, with a 2028 forecast suggesting a CAGR of -16.03% and an overall decrease of 58.26%.
Future trends to watch for:
- Impact of economic conditions and disposable income on luxury goods demand.
- Regulatory changes and environmental considerations influencing the motorboat market.
- Technological advancements and the adoption of sustainable boating options.