Benelux: Outboard Boat Motors Market 2024

Outboard Boat Motors Market Size in Benelux

In 2022, the Benelux outboard boat motors market decreased by X% to $X, falling for the second consecutive year after four years of growth. Overall, consumption, however, showed a pronounced increase. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market remained at a lower figure.

Outboard Boat Motors Production in Benelux

In value terms, outboard boat motors production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed significant growth. The growth pace was the most rapid in 2013 when the production volume increased by X%. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Outboard Boat Motors Exports

Exports in Benelux

For the third year in a row, Benelux recorded growth in overseas shipments of outboard motors for marine propulsion, which increased by X% to X units in 2022. Total exports indicated measured growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, outboard boat motors exports expanded significantly to $X in 2022. Overall, exports showed a strong expansion. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Belgium prevails in exports structure, recording X units, which was approx. X% of total exports in 2022. It was distantly followed by the Netherlands (X units), constituting an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to outboard boat motors exports from Belgium stood at X%. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in Benelux, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of the Netherlands increased by X percentage points.

In value terms, Belgium ($X) remains the largest outboard boat motors supplier in Benelux, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Belgium amounted to X%.

Export Prices by Country

In 2022, the export price in Benelux amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the Netherlands stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%).

Outboard Boat Motors Imports

Imports in Benelux

After two years of growth, overseas purchases of outboard motors for marine propulsion decreased by X% to X units in 2022. Overall, imports, however, continue to indicate a mild increase. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2021, and then reduced notably in the following year.

In value terms, outboard boat motors imports dropped dramatically to $X in 2022. In general, imports, however, showed a measured expansion. The growth pace was the most rapid in 2020 when imports increased by X%. The level of import peaked at $X in 2021, and then contracted notably in the following year.

Imports by Country

Belgium represented the major importer of outboard motors for marine propulsion in Benelux, with the volume of imports resulting at X units, which was near X% of total imports in 2022. It was distantly followed by the Netherlands (X units), comprising a X% share of total imports.

Imports into Belgium increased at an average annual rate of X% from 2012 to 2022. At the same time, the Netherlands (X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in Benelux, with a CAGR of X% from 2012-2022. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Belgium ($X) constitutes the largest market for imported outboard motors for marine propulsion in Benelux, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Belgium stood at X%.

Import Prices by Country

The import price in Benelux stood at $X per unit in 2022, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2021, and then dropped in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per unit), while the Netherlands totaled $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (X%).

Source: IndexBox Platform