Switzerland: Motor Boat Market 2024

Motor Boat Market Size in Switzerland

The Swiss motor boat market stood at less than $X in 2023, almost unchanged from the previous year. Overall, consumption saw a pronounced slump. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2023, consumption remained at a lower figure.

Motor Boat Production in Switzerland

In value terms, motor boat production stood at less than $X in 2023 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern.

Motor Boat Exports

Exports from Switzerland

In 2021, the amount of motor boats and motor yachts, for pleasure or sports exported from Switzerland shrank remarkably to X units, waning by X% compared with 2020. Overall, exports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of X units, and then shrank notably in the following year.

In value terms, motor boat exports soared to $X in 2021. Over the period under review, total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in the near future.

Exports by Country

Germany (X units), Poland (X units) and the UK (X units) were the main destinations of motor boat exports from Switzerland, with a combined X% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the UK (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for motor boats and motor yachts, for pleasure or sports exports from Switzerland, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with an X% share of total exports. It was followed by France, with an X% share.

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

Export Prices by Country

The average motor boat export price stood at $X per unit in 2021, increasing by X% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Bulgaria ($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 Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Motor Boat Imports

Imports into Switzerland

In 2021, overseas purchases of motor boats and motor yachts, for pleasure or sports increased by X% to X units, rising for the third year in a row after four years of decline. Over the period under review, imports, however, showed a mild downturn. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, motor boat imports surged to $X in 2021. In general, total imports indicated a perceptible increase from 2012 to 2021: its value increased at an average annual rate of X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by X% against 2019 indices. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, the United States (X units) constituted the largest motor boat supplier to Switzerland, accounting for a X% share of total imports. Moreover, motor boat imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Germany (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2021, the average annual growth rate of volume from the United States stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Germany (X% per year).

In value terms, the largest motor boat suppliers to Switzerland were the United States ($X), Italy ($X) and the Netherlands ($X), together comprising X% of total imports. Poland, Germany, Finland and France lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average motor boat import price stood at $X per unit in 2021, jumping by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform