Italy: Inflatable Vessel Market 2025

Inflatable Vessel Market Size in Italy

In 2021, the Italian inflatable vessel market increased by 50% to $X, rising for the fourth consecutive year after two years of decline. In general, consumption posted a buoyant increase. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the immediate term.

Inflatable Vessel Production in Italy

In value terms, inflatable vessel production surged to $X in 2021 estimated in export price. In general, production, however, recorded buoyant growth. The most prominent rate of growth was recorded in 2018 with an increase of 80% against the previous year. Inflatable vessel production peaked in 2021 and is likely to continue growth in the immediate term.

Inflatable Vessel Exports

Exports from Italy

For the third year in a row, Italy recorded growth in overseas shipments of inflatable vessels for pleasure or sports, which increased by 86% to X units in 2021. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2019 when exports increased by 136%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, inflatable vessel exports surged to $X in 2021. In general, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -2.1% against 2019 indices. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

France (X units), Germany (X units) and Spain (X units) were the main destinations of inflatable vessel exports from Italy, with a combined 72% share of total exports. These countries were followed by the UK, Malta, Belgium and Slovenia, which together accounted for a further 15%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +57.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, France ($X) remains the key foreign market for inflatable vessels for pleasure or sports exports from Italy, comprising 48% of total exports. The second position in the ranking was held by Spain ($X), with an 8.5% share of total exports. It was followed by Germany, with a 2.6% share.

From 2012 to 2021, the average annual growth rate of value to France totaled +5.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+7.1% per year) and Germany (+6.7% per year).

Export Prices by Country

In 2021, the average inflatable vessel export price amounted to $X per unit, shrinking by -20.7% against the previous year. Over the period under review, the export price showed a abrupt slump. The growth pace was the most rapid in 2018 an increase of 4.5%. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Germany ($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 Spain (-15.3%), while the prices for the other major destinations experienced a decline.

Inflatable Vessel Imports

Imports into Italy

In 2021, supplies from abroad of inflatable vessels for pleasure or sports increased by 78% to X units, rising for the third consecutive year after three years of decline. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 109%. Imports peaked in 2021 and are expected to retain growth in years to come.

In value terms, inflatable vessel imports skyrocketed to $X in 2021. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +57.5% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Spain (X units), Germany (X units) and France (X units) were the main suppliers of inflatable vessel imports to Italy, together accounting for 67% of total imports. Belgium, the UK, China, Slovenia and Tunisia lagged somewhat behind, together accounting for a further 31%.

From 2012 to 2021, the biggest increases were recorded for Slovenia (with a CAGR of +71.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Tunisia ($X), the UK ($X) and China ($X) appeared to be the largest inflatable vessel suppliers to Italy, together comprising 63% of total imports. France, Spain, Germany, Belgium and Slovenia lagged somewhat behind, together comprising a further 31%.

Slovenia, with a CAGR of +71.5%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average inflatable vessel import price amounted to $X per unit, shrinking by -29.9% against the previous year. Over the period under review, the import price showed a abrupt setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 85% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, 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 Tunisia ($X per unit), while the price for Spain ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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