In 2023, the import of marine outboard spark-ignition motors to the US was 37.844 million kilograms. The forecasted values from 2024 to 2028 show a steady upward trend. The year-on-year growth rates are modest, with an increase of approximately 2.2% from 2024 to 2025, 2.1% from 2025 to 2026, 2.1% from 2026 to 2027, and 2% from 2027 to 2028. The compound annual growth rate (CAGR) stands at 2.11% over the forecasted period, illustrating a consistent growth pattern.
Future trends to watch for:
- Potential shifts in environmental regulations affecting engine imports.
- Technological advancements in spark-ignition motors.
- Economic factors influencing consumer spending on marine leisure activities.
- Impact of global supply chain disruptions on import volumes.