In 2023, the Netherlands led the European import market for outboard motors, capturing 21.56% of the share by units. Belgium and Denmark followed with 19.09% and 11.65% shares, respectively. Among notable trends, Denmark and Finland saw significant year-on-year increases of 17.77% and 16.47%, respectively, while the United Kingdom witnessed a decline of 4.43% in its market share. Additionally, Malta experienced a substantial rise of 29.54%, whereas Slovakia saw a drastic drop of 52.15% compared to the previous year.
Future trends to watch include potential growth in less dominant markets such as Malta and Hungary, driven by favorable economic and regulatory conditions. Meanwhile, established markets like Germany and Sweden may continue to expand moderately as they adapt to technological advancements and environmental regulations. The industry's overall trajectory is likely to be influenced by environmental sustainability trends and technological innovations in marine propulsion.
Top countries in Import of Outboard Motors for Marine Propulsion Share by Country (Units (Items))
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 21.56 | 2023 | +7.67% | +10.21% | View data |
| 2 | 2 Belgium | 19.09 | 2023 | +5.48% | +2.78% | View data |
| 3 | 3 Denmark | 11.65 | 2023 | +16.56% | +17.77% | View data |
| 4 | 4 Italy | 7.12 | 2023 | +7.72% | +2.52% | View data |
| 5 | 5 Sweden | 5.62 | 2023 | +3.42% | +8.39% | View data |
| 6 | 6 France | 4.58 | 2023 | +11.27% | +4.24% | View data |
| 7 | 7 Finland | 4.26 | 2023 | +2.34% | +16.47% | View data |
| 8 | 8 Spain | 4.18 | 2023 | +9.51% | +3.13% | View data |
| 9 | 9 Poland | 3.9 | 2023 | +4.64% | +7.28% | View data |
| 10 | 10 Germany | 3.77 | 2023 | +0.63% | +7.1% | View data |
