Denmark: Sailboat Market 2025

Sailboat Market Size in Denmark

The Danish sailboat market soared to $X in 2021, growing by 2,591% against the previous year. Over the period under review, consumption posted significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Sailboat Production in Denmark

In value terms, sailboat production amounted to $X in 2021 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 32% against the previous year. Sailboat production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Sailboat Exports

Exports from Denmark

In 2021, shipments abroad of sailboats for pleasure or sports, with or without auxiliary motor was finally on the rise to reach X units after two years of decline. Overall, exports, however, recorded a abrupt decrease. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, sailboat exports surged to $X in 2021. In general, exports, however, saw a noticeable contraction. The growth pace was the most rapid in 2014 with an increase of 30%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

The United States (X units), Norway (X units) and Germany (X units) were the main destinations of sailboat exports from Denmark, together comprising 57% of total exports. Switzerland, France, Greece, New Zealand, Greenland, the UK, Faroe Islands, the Netherlands, Ireland and Turkey lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +51.6%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sailboat exported from Denmark were Germany ($X), Norway ($X) and France ($X), with a combined 35% share of total exports. These countries were followed by the United States, Switzerland, the UK, the Netherlands, Turkey, Greece, Ireland, Greenland, New Zealand and Faroe Islands, which together accounted for a further 38%.

Greece, with a CAGR of +89.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average sailboat export price amounted to $X per unit, waning by -32.3% against the previous year. Overall, the export price, however, continues to indicate buoyant growth. The growth pace was the most rapid in 2019 when the average export price increased by 89%. The export price peaked at $X per unit in 2020, and then declined notably in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Faroe Islands ($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 Ireland (+63.1%), while the prices for the other major destinations experienced more modest paces of growth.

Sailboat Imports

Imports into Denmark

In 2021, supplies from abroad of sailboats for pleasure or sports, with or without auxiliary motor decreased by -55% to X units, falling for the second year in a row after two years of growth. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2019 when imports increased by 615%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, sailboat imports shrank dramatically to $X in 2021. Over the period under review, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 when imports increased by 1,391%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, South Africa (X units) constituted the largest supplier of sailboat to Denmark, with a 43% share of total imports. Moreover, sailboat imports from South Africa exceeded the figures recorded by the second-largest supplier, Norway (X units), twofold. The third position in this ranking was held by the UK (X units), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from South Africa totaled +13.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (-12.5% per year) and the UK (-19.8% per year).

In value terms, France ($X), Norway ($X) and Switzerland ($X) constituted the largest sailboat suppliers to Denmark, with a combined 72% share of total imports. These countries were followed by the UK, South Africa, New Zealand and Australia, which together accounted for a further 12%.

In terms of the main suppliers, Australia, with a CAGR of +11.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average sailboat import price stood at $X per unit in 2021, which is down by -33.1% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 108% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for South Africa ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Australia (+32.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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