In 2023, the import of marine outboard spark-ignition motors to China stood at 30.20 thousand units. The forecast from 2024 to 2028 indicates a steady increase, from 31.02 thousand units in 2024 to 34.32 thousand units in 2028. The projected year-on-year growth rates highlight a consistent upward trend emerging from 2.74% in 2025 to 2.40% in 2028. The compound annual growth rate (CAGR) for this period is approximately 2.54%, indicating moderate yet consistent growth in the market.
Future trends to watch for include:
- Technological advancements enhancing motor efficiency.
- Shifts in environmental regulations impacting import demands.
- Potential economic fluctuations influencing consumer preferences.