EU: Sailboat Market 2024

Sailboat Market Size in the EU

For the third year in a row, the EU sailboat market recorded decline in sales value, which decreased by X% to $X in 2023. Over the period under review, consumption showed a temperate increase. The level of consumption peaked at $X in 2020; however, from 2021 to 2023, consumption failed to regain momentum.

Sailboat Production in the EU

In value terms, sailboat production reduced to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2022, and then contracted in the following year.

Sailboat Exports

Exports in the EU

Sailboat exports was estimated at X units in 2023, remaining relatively unchanged against the previous year's figure. Over the period under review, exports saw a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at X units in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

In value terms, sailboat exports amounted to $X in 2023. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

In 2023, France (X units) was the main exporter of sailboats for pleasure or sports, with or without auxiliary motor, generating X% of total exports. It was distantly followed by Italy (X units), Spain (X units) and Slovenia (X units), together committing a X% share of total exports. Austria (X units) followed a long way behind the leaders.

Exports from France decreased at an average annual rate of X% from 2012 to 2023. At the same time, Austria (X%) displayed positive paces of growth. Moreover, Austria emerged as the fastest-growing exporter exported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Slovenia (X%), Spain (X%) and Italy (X%) illustrated a downward trend over the same period. While the share of France (X p.p.), Spain (X p.p.), Slovenia (X p.p.), Italy (X p.p.) and Austria (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

It was followed by Spain, with a X% share.

In France, sailboat exports plunged by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (X% per year) and Spain (X% per year).

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per unit, remaining constant against the previous year. In general, the export price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was France ($X per unit), while Spain ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced mixed trends in the export price figures.

Sailboat Imports

Imports in the EU

In 2023, supplies from abroad of sailboats for pleasure or sports, with or without auxiliary motor decreased by X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt downturn. The growth pace was the most rapid in 2020 when imports increased by X%. The volume of import peaked at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, sailboat imports stood at $X in 2023. Overall, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

Imports by Country

Spain was the main importing country with an import of around X units, which reached X% of total imports. France (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Italy (X%). Ireland (X units), Hungary (X units) and Austria (X units) followed a long way behind the leaders.

From 2012 to 2023, average annual rates of growth with regard to sailboat imports into Spain stood at X%. At the same time, Ireland (X%), Hungary (X%), France (X%) and Austria (X%) displayed positive paces of growth. Moreover, Ireland emerged as the fastest-growing importer imported in the European Union, with a CAGR of X% from 2012-2023. By contrast, Italy (X%) illustrated a downward trend over the same period. France (X p.p.), Spain (X p.p.), Italy (X p.p.), Ireland (X p.p.) and Hungary (X p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest sailboat importing markets in the European Union were France ($X), Italy ($X) and Spain ($X), with a combined X% share of total imports. Hungary, Austria and Ireland lagged somewhat behind, together accounting for a further X%.

Hungary, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2023, leveling off at the previous year. In general, the import price showed a perceptible slump. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was France ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform