Forecast: Value Added of Ships and Boats Building in Germany

Analysis of the Value Added of Ships and Boats Building in Germany highlights notable trends. From 2013 to 2023, the market experienced significant variations, with a value standing at 2.18 Billion Euros in 2023. Key observations include a substantial drop in 2015 (-23.87%), rebound in 2016 (+64.66%), and steady growth from 2019 to 2023 (ranging from +2.5% to +35.24% year-on-year). The CAGR over the last five years was 6.96%, indicating a robust upward trend.

Future trends to consider:

  • Projected growth at an average rate (CAGR) of 1.89% over the next five years, pointing to consistent but more moderate growth.
  • Potential impacts of technological advancements and environmental regulations on production and costs.
  • Market diversification and changes in global trade policies that could affect demand and supply chains.