Southern Asia: Outboard Boat Motors Market 2025

Outboard Boat Motors Market Size in Southern Asia

The South Asian outboard boat motors market stood at $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Outboard Boat Motors Production in Southern Asia

In value terms, outboard boat motors production declined modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Outboard Boat Motors Exports

Exports in Southern Asia

In 2022, approx. X units of outboard motors for marine propulsion were exported in Southern Asia; with an increase of X% against 2021 figures. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. The volume of export peaked in 2022 and is likely to see steady growth in the near future.

In value terms, outboard boat motors exports reduced modestly to $X in 2022. In general, exports showed a buoyant increase. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Pakistan (X units) represented roughly X% of total exports in 2022.

Pakistan was also the fastest-growing in terms of the outboard motors for marine propulsion exports, with a CAGR of X% from 2012 to 2022. Pakistan (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Pakistan ($X) also remains the largest outboard boat motors supplier in Southern Asia.

In Pakistan, outboard boat motors exports expanded at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Southern Asia stood at $X per unit in 2022, reducing by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Pakistan.

From 2012 to 2022, the rate of growth in terms of prices for Pakistan amounted to X% per year.

Outboard Boat Motors Imports

Imports in Southern Asia

Outboard boat motors imports dropped significantly to X units in 2022, waning by X% against 2021. Total imports indicated temperate growth from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then shrank sharply in the following year.

In value terms, outboard boat motors imports plummeted to $X in 2022. Total imports indicated modest growth 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then reduced remarkably in the following year.

Imports by Country

India prevails in imports structure, resulting at X units, which was near X% of total imports in 2022. Maldives (X units) ranks second in terms of the total imports with an X% share, followed by Sri Lanka (X%). The following importers - Pakistan (X units) and Bangladesh (X units) - together made up X% of total imports.

India was also the fastest-growing in terms of the outboard motors for marine propulsion imports, with a CAGR of X% from 2012 to 2022. At the same time, Bangladesh (X%) and Maldives (X%) displayed positive paces of growth. By contrast, Pakistan (X%) and Sri Lanka (X%) illustrated a downward trend over the same period. India (X p.p.) significantly strengthened its position in terms of the total imports, while Maldives, Pakistan and Sri Lanka saw its share reduced by X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported outboard motors for marine propulsion in Southern Asia, comprising X% of total imports. The second position in the ranking was held by Maldives ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

In India, outboard boat motors imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Maldives (X% per year) and Bangladesh (X% per year).

Import Prices by Country

In 2022, the import price in Southern Asia amounted to $X per unit, declining by X% against the previous year. Overall, the import price recorded a noticeable curtailment. The growth pace was the most rapid in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Bangladesh ($X per unit), while Sri Lanka ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Maldives (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :