Norway: Sailboat Market 2025

Sailboat Market Size in Norway

The Norwegian sailboat market soared to $X in 2021, growing by 52% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, saw a drastic downturn. Sailboat consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Sailboat Exports

Exports from Norway

In 2021, shipments abroad of sailboats for pleasure or sports, with or without auxiliary motor increased by 93% to X units, rising for the third year in a row after two years of decline. In general, exports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2014 with an increase of 241% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, sailboat exports surged to $X in 2021. Over the period under review, exports saw a pronounced increase. The pace of growth was the most pronounced in 2014 with an increase of 375%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for sailboat exports from Norway, with a 54% share of total exports. Moreover, sailboat exports to the Netherlands exceeded the volume sent to the second major destination, Finland (X units), fourfold. Denmark (X units) ranked third in terms of total exports with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands stood at +48.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+15.5% per year) and Denmark (+14.9% per year).

In value terms, the Netherlands ($X) remains the key foreign market for sailboats for pleasure or sports, with or without auxiliary motor exports from Norway, comprising 21% of total exports. The second position in the ranking was held by Germany ($X), with an 8% share of total exports. It was followed by Belgium, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value to the Netherlands totaled +101.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.9% per year) and Belgium (+59.5% per year).

Export Prices by Country

The average sailboat export price stood at $X per unit in 2021, growing by 5.8% against the previous year. Overall, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2019 an increase of 42% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 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 Belgium ($X per unit), while the average price for exports to Finland ($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 Singapore (+1,133.6%), while the prices for the other major destinations experienced more modest paces of growth.

Sailboat Imports

Imports into Norway

In 2021, the amount of sailboats for pleasure or sports, with or without auxiliary motor imported into Norway soared to X units, picking up by 52% compared with the previous year. Over the period under review, imports, however, continue to indicate a noticeable slump. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, sailboat imports surged to $X in 2021. In general, imports, however, saw a abrupt curtailment. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X units), Germany (X units) and France (X units) were the main suppliers of sailboat imports to Norway, with a combined 56% share of total imports. These countries were followed by Denmark, Finland, the UK, Poland and the Netherlands, which together accounted for a further 33%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +8.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X), Sweden ($X) and Germany ($X) constituted the largest sailboat suppliers to Norway, with a combined 66% share of total imports. These countries were followed by Denmark, Finland, Poland, the UK and the Netherlands, which together accounted for a further 24%.

In terms of the main suppliers, Denmark, with a CAGR of +5.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average sailboat import price stood at $X per unit in 2021, picking up by 8.7% against the previous year. In general, the import price, however, saw a perceptible descent. The pace of growth was the most pronounced in 2018 when the average import price increased by 36% against the previous year. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a somewhat 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 France ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+4.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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