Portugal: Sailboat Market 2025

Sailboat Market Size in Portugal

The Portuguese sailboat market soared to $X in 2021, jumping by 269% against the previous year. Over the period under review, consumption recorded a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Sailboat Production in Portugal

In value terms, sailboat production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production showed significant growth. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Sailboat Exports

Exports from Portugal

In 2021, the amount of sailboats for pleasure or sports, with or without auxiliary motor exported from Portugal soared to X units, with an increase of 27% compared with the previous year. Overall, exports enjoyed a significant expansion. The growth pace was the most rapid in 2014 with an increase of 483% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, sailboat exports surged to $X in 2021. In general, exports continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2014 with an increase of 553%. Over the period under review, the exports reached the peak figure in 2021 and are likely to see steady growth in years to come.

Exports by Country

Switzerland (X units) was the main destination for sailboat exports from Portugal, accounting for a 37% share of total exports. Moreover, sailboat exports to Switzerland exceeded the volume sent to the second major destination, Japan (X units), threefold. The third position in this ranking was held by Egypt (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Switzerland stood at +68.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+61.9% per year) and Egypt (0.0% per year).

In value terms, the largest markets for sailboat exported from Portugal were Switzerland ($X), the Netherlands ($X) and the United States ($X), together accounting for 55% of total exports. These countries were followed by the UK, Denmark, Hungary, Singapore, Japan, Turkey, Egypt, Australia, Israel and India, which together accounted for a further 16%.

Among the main countries of destination, Hungary, with a CAGR of +222.9%, recorded the highest rates of growth with regard to the value of exports, 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, jumping by 84% against the previous year. In general, the export price, however, recorded a deep setback. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to India ($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 Hungary (+79.7%), while the prices for the other major destinations experienced more modest paces of growth.

Sailboat Imports

Imports into Portugal

In 2021, approx. X units of sailboats for pleasure or sports, with or without auxiliary motor were imported into Portugal; increasing by 66% on the year before. In general, imports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 196%. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, sailboat imports reduced rapidly to $X in 2021. Overall, imports posted a modest increase. The most prominent rate of growth was recorded in 2019 with an increase of 162% against the previous year. 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

The UK (X units), France (X units) and Germany (X units) were the main suppliers of sailboat imports to Portugal, with a combined 65% share of total imports. Switzerland, Italy, New Zealand, the Netherlands, Cabo Verde and Saint Maarten (Dutch part) lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +25.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of sailboats for pleasure or sports, with or without auxiliary motor to Portugal, comprising 61% of total imports. The second position in the ranking was held by the UK ($X), with an 11% share of total imports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual growth rate of value from France totaled -1.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+2.6% per year) and Germany (+5.9% per year).

Import Prices by Country

The average sailboat import price stood at $X per unit in 2021, with a decrease of -61.9% against the previous year. Over the period under review, the import price continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2020 an increase of 118% against the previous year. As a result, import price reached the peak level of $X per unit, and then fell sharply in the following year.

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 ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Saint Maarten (Dutch part) (+77.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :