In 2023, Germany led the European pleasure and sporting boats building production with a value share of €26.03 million, marking a significant 5.01% increase from the previous year. Italy and France followed with €22.88 million and €19.1 million respectively, experiencing a contraction of 2.17% and an increase of 3.99%. The UK and Poland saw modest gains, with €12.33 million and €7.95 million at 1.13% and 8.37% respectively. Finland exhibited minor growth at 1.39%, while Sweden and Norway faced declines of 2.41% and 3.62%. Smaller markets like Malta and Serbia demonstrated remarkable growth rates of 1.49% and 18.56% respectively.
Key future trends to monitor include the impact of sustainable and eco-friendly designs, technological advancements in manufacturing processes, and evolving consumer preferences for multifunctional and innovative boat features. Additionally, monitoring economic factors and regulatory changes across different markets will be essential to understand the potential impacts on production values.
Top countries in Pleasure and Sporting Boats Building Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 26.03 | 2023 | +2.76% | +5.01% | View data |
| 2 | 2 Italy | 22.88 | 2023 | -2.06% | -2.17% | View data |
| 3 | 3 France | 19.1 | 2023 | +6.07% | +3.99% | View data |
| 4 | 4 United Kingdom | 12.33 | 2023 | +1.62% | +1.13% | View data |
| 5 | 5 Poland | 7.95 | 2023 | +6.08% | +8.37% | View data |
| 6 | 6 Finland | 3.43 | 2023 | +1.46% | +1.39% | View data |
| 7 | 7 Sweden | 1.77 | 2023 | -0.84% | -2.41% | View data |
| 8 | 8 Portugal | 1.01 | 2023 | +5.07% | +7.98% | View data |
| 9 | 9 Norway | 0.98 | 2023 | -1.2% | -3.62% | View data |
| 10 | 10 Austria | 0.6 | 2023 | +3.8% | +4.3% | View data |
