The value added of ships and boats building in France experienced significant fluctuations from 2013 to 2023. Notable year-on-year variations include a steep decline in 2014 by 19.54%, and strong growth in 2018 by 31.32%. From 2019 onwards, the segment shows more stable growth with consistent positive variations year-over-year. By 2023, the value stood at €2.48 billion, marking a 3.16% increase from the previous year. The compound annual growth rate (CAGR) over the last five years was 3.55%, indicating a steady upward trend.
Future trends to watch for:
- Continued positive growth projected with a five-year forecast CAGR of 2.12%.
- Anticipated overall growth rate of 11.04% from 2024 to 2028.
- Potential impacts from emerging new technologies and global economic shifts.
