Puerto Rico - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPuerto Rico: Outboard Boat Motors Market 2025
Outboard Boat Motors Market Size in Puerto Rico
The Puerto Rican outboard boat motors market amounted to $X in 2021, approximately equating the previous year. Over the period under review, consumption showed a remarkable increase. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.
Outboard Boat Motors Production in Puerto Rico
In value terms, outboard boat motors production reached $X in 2021 estimated in export price. Over the period under review, production posted a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of 40% against the previous year. Puerto Rico production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.
Outboard Boat Motors Exports
Exports by Country
In 2021, Japan (X tons) represented the key exporter of outboard motors for marine propulsion, constituting 67% of total exports. China (X tons) ranks second in terms of the total exports with an 11% share, followed by Belgium (6.2%) and the United States (5.4%). Thailand (X tons) and Germany (X tons) followed a long way behind the leaders.
Exports from Japan increased at an average annual rate of +3.6% from 2012 to 2021. At the same time, China (+10.7%), Thailand (+4.9%), Germany (+3.7%) and Belgium (+2.9%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in the world, with a CAGR of +10.7% from 2012-2021. By contrast, the United States (-5.9%) illustrated a downward trend over the same period. China (+5.1 p.p.) and Japan (+1.6 p.p.) significantly strengthened its position in terms of the global exports, while the United States saw its share reduced by -7.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Japan ($X) remains the largest outboard boat motors supplier from Puerto Rico, comprising 62% of global exports. The second position in the ranking was taken by the United States ($X), with a 13% share of global exports. It was followed by Belgium, with a 7.6% share.
From 2012 to 2021, the average annual growth rate of value in Japan stood at +4.3%. In the other countries, the average annual rates were as follows: the United States (+3.8% per year) and Belgium (+5.1% per year).
Outboard Boat Motors Imports
Imports by Country
The United States represented the largest importing country with an import of around X tons, which finished at 36% of total imports. It was distantly followed by the Netherlands (X tons), Canada (X tons), Russia (X tons) and Belgium (X tons), together generating a 22% share of total imports. China (X tons), Australia (X tons), Italy (X tons), Norway (X tons), Brazil (X tons), Germany (X tons), Indonesia (X tons) and France (X tons) took a minor share of total imports.
From 2012 to 2021, average annual rates of growth with regard to outboard boat motors imports into the United States stood at +9.8%. At the same time, the Netherlands (+35.9%), China (+11.7%), Italy (+4.5%) and Canada (+4.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing importer imported in the world, with a CAGR of +35.9% from 2012-2021. Russia, Belgium, Norway and France experienced a relatively flat trend pattern. By contrast, Brazil (-1.5%), Australia (-3.9%), Indonesia (-6.5%) and Germany (-8.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the United States, the Netherlands and China increased by +12, +5.2 and +1.6 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the United States ($X) constitutes the largest market for imported outboard motors for marine propulsion into Puerto Rico, comprising 34% of global imports. The second position in the ranking was taken by the Netherlands ($X), with a 6.2% share of global imports. It was followed by Canada, with a 6.2% share.
In the United States, outboard boat motors imports expanded at an average annual rate of +8.0% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Netherlands (+35.4% per year) and Canada (+4.5% per year).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the outboard boat motors market in Puerto Rico. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28111100 - Marine propulsion spark ignition reciprocating or rotary internal combustion piston engines, outboard motors
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Puerto Rico
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2024
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2024
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Per Capita Consumption In 2012-2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2024
- Market Value, 2012–2024
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
- Trade Balance, In Physical Terms, 2012-2024
- Trade Balance, In Value Terms, 2012-2024
- Per Capita Consumption, 2012-2024
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2024
- Production, In Value Terms, 2012–2024
- Imports, In Physical Terms, 2012–2024
- Imports, In Value Terms, 2012–2024
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country Of Origin, 2012–2024
- Exports, In Physical Terms, 2012–2024
- Exports, In Value Terms, 2012–2024
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country Of Destination, 2012–2024
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