Netherlands: Motor Boat Market 2024

Motor Boat Market Size in the Netherlands

The Dutch motor boat market expanded slightly to $X in 2023, with an increase of X% against the previous year. Overall, consumption, however, recorded a abrupt descent. Over the period under review, the market attained the maximum level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Motor Boat Production in the Netherlands

In value terms, motor boat production expanded notably to $X in 2023 estimated in export price. Over the period under review, production showed a strong increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Motor boat production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Motor Boat Exports

Exports from the Netherlands

In 2021, the amount of motor boats and motor yachts, for pleasure or sports exported from the Netherlands expanded to X units, increasing by X% compared with the previous year's figure. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, motor boat exports surged to $X in 2021. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2021 and are likely to continue growth in the near future.

Exports by Country

Cayman Islands (X units) was the main destination for motor boat exports from the Netherlands, accounting for a X% share of total exports. Moreover, motor boat exports to Cayman Islands exceeded the volume sent to the second major destination, Marshall Islands (X units), more than tenfold. The third position in this ranking was held by France (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Cayman Islands amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Marshall Islands (X% per year) and France (X% per year).

In value terms, Cayman Islands ($X) remains the key foreign market for motor boats and motor yachts, for pleasure or sports exports from the Netherlands, comprising X% of total exports. The second position in the ranking was taken by Marshall Islands ($X), with a X% share of total exports. It was followed by British Virgin Islands, with a X% share.

From 2012 to 2021, the average annual growth rate of value to Cayman Islands stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Marshall Islands (X% per year) and British Virgin Islands (X% per year).

Export Prices by Country

The average motor boat export price stood at $X,183 per unit in 2021, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. The export price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Gibraltar ($X,261 per unit), while the average price for exports to Cyprus ($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 Cyprus (X%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Imports

Imports into the Netherlands

For the third consecutive year, the Netherlands recorded growth in purchases abroad of motor boats and motor yachts, for pleasure or sports, which increased by X% to X units in 2021. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a lower figure.

In value terms, motor boat imports skyrocketed to $X in 2021. Over the period under review, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2014 when imports increased by X%. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

Cayman Islands (X units), the United States (X units) and Bermuda (X units) were the main suppliers of motor boat imports to the Netherlands, together accounting for X% of total imports.

From 2012 to 2021, the biggest increases were recorded for Cayman Islands (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Cayman Islands ($X) constituted the largest supplier of motor boats and motor yachts, for pleasure or sports to the Netherlands, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Bermuda, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Cayman Islands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Bermuda (X% per year).

Import Prices by Country

In 2021, the average motor boat import price amounted to $X per unit, falling by X% against the previous year. In general, the import price, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2014 an increase of X%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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 Bermuda ($X per unit), while the price for Malta ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform