In 2024, Belgium led the European import market for marine propulsion spark-ignition engines by a significant margin with a 73.6% share of total units. Slovakia and Italy followed at 6.23% and 5.19%, respectively, with gradual declines. Noteworthy growth was observed in countries such as Greece, Denmark, and Bulgaria, while Germany, France, and Sweden experienced notable contractions. Despite the dominance of Belgium, there are gains in emerging markets and marked fluctuations across countries.
Future trends to watch include:
- Potential shifts towards more diversified sourcing as smaller countries display higher year-on-year growth rates.
- Environmental regulations potentially influencing the demand and distribution of marine propulsion engines in Europe.
- Technological advancements leading to emerging markets gaining competitiveness.
Top countries in Import of Marine Propulsion Spark-Ignition Engines Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Belgium | 73.6 | 2023 | +66.6% | +78.35% | View data |
| 2 | 2 Slovakia | 6.23 | 2023 | +1.63% | -1.49% | View data |
| 3 | 3 Italy | 5.19 | 2023 | -2.82% | +0.9% | View data |
| 4 | 4 Austria | 4.52 | 2023 | +2.09% | -0.36% | View data |
| 5 | 5 Poland | 1.9 | 2023 | +3.4% | +1.96% | View data |
| 6 | 6 France | 1.74 | 2023 | -14.95% | -12.45% | View data |
| 7 | 7 Hungary | 1.46 | 2023 | -7.37% | -6.08% | View data |
| 8 | 8 United Kingdom | 1.36 | 2023 | -2.14% | +6.2% | View data |
| 9 | 9 Greece | 0.81 | 2023 | +17.45% | +23.22% | View data |
| 10 | 10 Spain | 0.58 | 2023 | -2.76% | -9.25% | View data |