Brazil: Motor Boat Market 2025

Motor Boat Market Size in Brazil

The Brazilian motor boat market rose markedly to $X in 2021, increasing by 6.5% against the previous year. Overall, consumption, however, recorded a mild setback. Motor boat consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Motor Boat Production in Brazil

In value terms, motor boat production expanded to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a mild contraction. The most prominent rate of growth was recorded in 2018 with an increase of 58%. Motor boat production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Motor Boat Exports

Exports from Brazil

In 2021, the amount of motor boats and motor yachts, for pleasure or sports exported from Brazil surged to X units, rising by 70% on the previous year. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by 360% against the previous year. The exports peaked in 2021 and are likely to continue growth in the immediate term.

In value terms, motor boat exports surged to $X in 2021. In general, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2015 when exports increased by 549% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Paraguay (X units), the United States (X units) and Canada (X units) were the main destinations of motor boat exports from Brazil, with a combined 58% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +800.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for motor boats and motor yachts, for pleasure or sports exports from Brazil, comprising 59% of total exports. The second position in the ranking was taken by Paraguay ($X), with a 12% share of total exports. It was followed by Australia, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+76.8% per year) and Australia (+69.6% per year).

Export Prices by Country

In 2021, the average motor boat export price amounted to $X per unit, which is down by -19.8% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2014 an increase of 170% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Imports

Imports into Brazil

After two years of decline, overseas purchases of motor boats and motor yachts, for pleasure or sports increased by 577% to X units in 2021. Over the period under review, imports, however, showed a abrupt decline. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, motor boat imports skyrocketed to $X in 2021. In general, imports, however, recorded a abrupt descent. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest motor boat supplier to Brazil, accounting for a 73% share of total imports. Moreover, motor boat imports from Italy exceeded the figures recorded by the second-largest supplier, the UK (X units), sixfold. The third position in this ranking was held by the United States (X units), with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy stood at +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-10.6% per year) and the United States (-31.8% per year).

In value terms, the largest motor boat suppliers to Brazil were Italy ($X), the UK ($X) and France ($X), together accounting for 96% of total imports.

Among the main suppliers, the UK, with a CAGR of -10.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average motor boat import price stood at $X per unit in 2021, jumping by 47% against the previous year. In general, the import price posted pronounced growth. The growth pace was the most rapid in 2016 when the average import price increased by 83% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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