The import of motorboats, other than outboard motorboats, to China is projected to grow steadily from 2024 through 2028. The value, expressed in thousands, shows an annual increase with a year-on-year rise of approximately 4.22% in 2025, 4.05% in 2026, 3.90% in 2027, and 3.54% in 2028. The compound annual growth rate (CAGR) for this five-year period is approximately 3.92%. This steady growth indicates a consistent demand for these types of motorboats in China, building on their increasing popularity since prior to 2023.
Future trends to watch for:
- Potential impact of economic factors on import growth
- Developments in local production affecting import levels
- Changing consumer preferences and technological advancements in motorboat design
- Trade policies or international relations influencing trade