Slovakia: Outboard Boat Motors Market 2024

Outboard Boat Motors Market Size in Slovakia

In 2022, after four years of growth, there was significant decline in the Slovak outboard boat motors market, when its value decreased by X% to $X. Overall, consumption, however, enjoyed a resilient increase. Over the period under review, the market hit record highs at $X in 2021, and then declined in the following year.

Outboard Boat Motors Production in Slovakia

In value terms, outboard boat motors production dropped to $X in 2022 estimated in export price. In general, the total production indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Outboard Boat Motors Exports

Exports from Slovakia

Outboard boat motors exports from Slovakia declined notably to X units in 2022, reducing by X% on the previous year's figure. In general, exports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, outboard boat motors exports shrank significantly to $X in 2022. Overall, exports, however, continue to indicate a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Spain (X units) was the main destination for outboard boat motors exports from Slovakia, with a X% share of total exports. Moreover, outboard boat motors exports to Spain exceeded the volume sent to the second major destination, the Czech Republic (X units), sevenfold. The third position in this ranking was taken by Croatia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (X% per year) and Croatia (X% per year).

In value terms, Spain ($X) emerged as the key foreign market for outboard motors for marine propulsion exports from Slovakia, comprising X% of total exports. The second position in the ranking was taken by Kazakhstan ($X), with a X% share of total exports. It was followed by the Czech Republic, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Spain was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Kazakhstan (X% per year) and the Czech Republic (X% per year).

Export Prices by Country

In 2022, the average outboard boat motors export price amounted to $X per unit, with an increase of X% against the previous year. In general, the export price saw a resilient expansion. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($X per unit), while the average price for exports to France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (X%), while the prices for the other major destinations experienced mixed trend patterns.

Outboard Boat Motors Imports

Imports into Slovakia

After three years of growth, supplies from abroad of outboard motors for marine propulsion decreased by X% to X units in 2022. Over the period under review, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then fell notably in the following year.

In value terms, outboard boat motors imports declined dramatically to $X in 2022. Overall, imports, however, showed a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined dramatically in the following year.

Imports by Country

In 2022, Japan (X units) constituted the largest outboard boat motors supplier to Slovakia, accounting for a X% share of total imports. Moreover, outboard boat motors imports from Japan exceeded the figures recorded by the second-largest supplier, Thailand (X units), sevenfold. The third position in this ranking was held by Germany (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (X% per year) and Germany (X% per year).

In value terms, Japan ($X) constituted the largest supplier of outboard motors for marine propulsion to Slovakia, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Japan amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Thailand (X% per year).

Import Prices by Country

The average outboard boat motors import price stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price recorded a mild decrease. The pace of growth appeared the most rapid in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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