Slovakia: Motor Boat Market 2025

Motor Boat Market Size in Slovakia

After three years of growth, the Slovak motor boat market decreased by -1.6% to $X in 2021. In general, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Motor Boat Production in Slovakia

In value terms, motor boat production reduced to $X in 2021 estimated in export price. Overall, production saw a perceptible decline. The growth pace was the most rapid in 2019 when the production volume increased by 256% against the previous year. Motor boat production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Motor Boat Exports

Exports from Slovakia

In 2021, the amount of motor boats and motor yachts, for pleasure or sports exported from Slovakia skyrocketed to X units, increasing by 243% against the previous year. In general, exports showed a buoyant expansion. The growth pace was the most rapid in 2019 when exports increased by 650% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, motor boat exports soared to $X in 2021. Overall, exports continue to indicate strong growth. The pace of growth appeared the most rapid in 2020 with an increase of 545% against the previous year. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Hungary (X units), the Czech Republic (X units) and Germany (X units) were the main destinations of motor boat exports from Slovakia.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +39.9%), while the other leaders experienced mixed trend patterns.

In value terms, Hungary ($X) remains the key foreign market for motor boats and motor yachts, for pleasure or sports exports from Slovakia, comprising 95% of total exports. The second position in the ranking was taken by the Czech Republic ($X), with a 4.1% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Hungary stood at +113.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+10.6% per year) and Germany (-10.0% per year).

Export Prices by Country

The average motor boat export price stood at $X per unit in 2021, falling by -7.2% against the previous year. Overall, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 631% against the previous year. As a result, the export price reached the peak level of $X per unit, and then contracted in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Germany ($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 Hungary (+7.7%), while the prices for the other major destinations experienced a decline.

Motor Boat Imports

Imports into Slovakia

In 2021, the amount of motor boats and motor yachts, for pleasure or sports imported into Slovakia skyrocketed to X units, increasing by 618% on 2020. In general, imports recorded a significant expansion. The pace of growth was the most pronounced in 2013 with an increase of 671%. Imports peaked at X units in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, motor boat imports surged to $X in 2021. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2013 with an increase of 503%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Belgium (X units) constituted the largest motor boat supplier to Slovakia, accounting for a 65% share of total imports. Moreover, motor boat imports from Belgium exceeded the figures recorded by the second-largest supplier, Austria (X units), threefold. France (X units) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +46.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+60.9% per year) and France (+43.0% per year).

In value terms, France ($X) constituted the largest supplier of motor boats and motor yachts, for pleasure or sports to Slovakia, comprising 70% of total imports. The second position in the ranking was held by Belgium ($X), with a 21% share of total imports. It was followed by Austria, with a 7.9% share.

From 2012 to 2021, the average annual growth rate of value from France totaled +62.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+42.2% per year) and Austria (+50.1% per year).

Import Prices by Country

The average motor boat import price stood at $X per unit in 2021, with a decrease of -61.7% against the previous year. Over the period under review, the import price, however, recorded resilient growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 101%. Over the period under review, average import prices attained the maximum at $X per unit in 2020, and then dropped remarkably 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 ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+17.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :