In 2023, Belgium led European exports of outboard motors for marine propulsion, followed by the United Kingdom and Germany. Notably, Portugal and Finland exhibited substantial growth with rates of 25.72% and 26.84%, respectively, while the United Kingdom and Italy experienced declines of 22.06% and 12.16%. Over the last five years, European exports show a diverse CAGR with positive trends in Portugal and Finland indicating burgeoning potential, while markets like Italy face challenges.
Future trends to monitor include technological advancements in motor efficiency and environmental sustainability, shifts in demand driven by recreational boating interest, and policy impacts due to emission regulations across Europe.
Top countries in Export of Outboard Motors for Marine Propulsion by Country
| # | 10 Countries | Units (Items) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 67,730 | 2023 | +4.07% | +6.37% | View data |
| 2 | 2 United Kingdom | 40,560 | 2023 | +4.32% | -22.06% | View data |
| 3 | 3 Germany | 13,610 | 2023 | +1.1% | +1.44% | View data |
| 4 | 4 France | 6,860 | 2023 | -12.35% | +3.4% | View data |
| 5 | 5 Spain | 5,890 | 2023 | +5.4% | +19.04% | View data |
| 6 | 6 Netherlands | 4,070 | 2023 | +8.44% | +8.66% | View data |
| 7 | 7 Portugal | 3,230 | 2023 | +19.58% | +25.72% | View data |
| 8 | 8 Italy | 2,930 | 2023 | -19.66% | -12.16% | View data |
| 9 | 9 Austria | 1,820 | 2023 | +2.95% | +3.87% | View data |
| 10 | 10 Finland | 1,550 | 2023 | +2.58% | +26.84% | View data |
