In 2023, the European market for motor boats and motor yachts for pleasure or sports saw the Netherlands leading with a substantial share of 34.75%, followed by Italy at 32.54%, and Germany at 17.07%. The Netherlands and Germany showed significant growth from the previous year, with 15.01% and 14.42% increases, respectively, while Italy experienced a moderate rise of 5.29%. The UK had a slight growth of 0.34%, whereas Norway, Croatia, and Hungary saw declines. Denmark notably increased its share by 50.62%, despite being a smaller market presence.
Future trends to watch include technological advancements and sustainability practices that may influence production and consumer preferences, along with potential market shifts due to economic and policy changes within the EU. Additionally, tracking changes in consumer disposable income and interest in recreational boating may help foresee changes in demand and production shares across Europe.
- Netherlands: 34.75% share, 15.01% growth in 2023
- Italy: 32.54% share, 5.29% growth in 2023
- Germany: 17.07% share, 14.42% growth in 2023
- UK: 5.87% share, 0.34% growth in 2023
- Finland: 1.67% share, 7.0% growth in 2023
- Portugal: 1.02% share, 7.0% growth in 2023
- Norway: 0.73% share, -4.63% decline in 2023
- Estonia: 0.15% share, 5.84% growth in 2023
- Croatia: 0.093% share, -0.66% decline in 2023
- Hungary: 0.02% share, 0% change in 2023
- Denmark: 0.014% share, 50.62% growth in 2023
Overall, the industry shows dynamic trends with potential for continued growth, especially in technology-driven innovations and eco-friendly boating solutions that could redefine market landscapes.
Top countries in Sold Production of Motor Boats and Motor Yachts for Pleasure or Sports Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 34.75 | 2023 | +9.8% | +15.01% | View data |
| 2 | 2 Italy | 32.54 | 2023 | +9.8% | +5.29% | View data |
| 3 | 3 Germany | 17.07 | 2023 | +3.25% | +14.42% | View data |
| 4 | 4 United Kingdom | 5.87 | 2023 | -0.26% | +0.34% | View data |
| 5 | 5 Finland | 1.67 | 2023 | +6.02% | +7% | View data |
| 6 | 6 Portugal | 1.02 | 2023 | +3.46% | +7% | View data |
| 7 | 7 Norway | 0.73 | 2023 | +3.17% | -4.63% | View data |
| 8 | 8 Estonia | 0.15 | 2023 | +7.21% | +5.84% | View data |
| 9 | 9 Croatia | 0.093 | 2023 | +1.49% | -0.66% | View data |
| 10 | 10 Hungary | 0.02 | 2023 | +5.67% | View data |
