Spain - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Spain - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends And Insights

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Outboard Boat Motors Price in Spain - 2023

Contents:

  1. Outboard Boat Motors Price in Spain (CIF) - 2022
  2. Outboard Boat Motors Price in Spain (FOB) - 2022
  3. Outboard Boat Motors Imports in Spain
  4. Outboard Boat Motors Exports in Spain

Outboard Boat Motors Price in Spain (CIF) - 2022

The average outboard boat motors import price stood at $1,664 per unit in 2022, reducing by -15.6% against the previous year. In general, the import price recorded a abrupt descent. The growth pace was the most rapid in 2013 an increase of 28%. The import price peaked at $3,599 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($6,044 per unit), while the price for China ($393 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Outboard Boat Motors Price in Spain (FOB) - 2022

In 2022, the average outboard boat motors export price amounted to $3,823 per unit, increasing by 32% against the previous year. In general, the export price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2014 when the average export price increased by 160% against the previous year. The export price peaked at $4,697 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($7,016 per unit), while the average price for exports to Equatorial Guinea ($427 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 Croatia (+5.7%), while the prices for the other major destinations experienced more modest paces of growth.

Outboard Boat Motors Imports in Spain

In 2022, outboard boat motors imports into Spain surged to 30K units, growing by 31% on the previous year. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 115%. Imports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, outboard boat motors imports rose remarkably to $50M in 2022. The total import value increased at an average annual rate of +7.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 31%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Outboard Boat Motors in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan23.319.722.724.21.3%
United States9.68.610.613.812.9%
China2.02.26.06.850.4%
Thailand1.00.91.41.411.9%
France0.40.60.50.614.5%
Others3.82.74.23.3-4.6%
Total40.134.745.550.17.7%

Top Suppliers of Outboard Boat Motors to Spain in 2022:

  1. China (17.4K units)
  2. Japan (6.8K units)
  3. United States (2.3K units)
  4. Thailand (2.3K units)
  5. France (0.7K units)

Outboard Boat Motors Exports in Spain

In 2022, overseas shipments of outboard motors for marine propulsion decreased by -34.7% to 3.4K units, falling for the second consecutive year after two years of growth. Over the period under review, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 80% against the previous year. As a result, the exports attained the peak of 6.1K units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, outboard boat motors exports declined to $13M in 2022. The total export value increased at an average annual rate of +5.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. The exports peaked at $15M in 2021, and then declined in the following year.

Export of Outboard Boat Motors in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal5.77.67.98.112.4%
Germany0.51.12.31.647.4%
Netherlands0.40.50.90.40.0%
Finland0.10.30.30.458.7%
Italy0.50.50.40.2-26.3%
Ireland0.10.10.30.226.0%
Equatorial GuineaN/AN/AN/A0.10%
Denmark0.10.1N/A0.10.0%
EcuadorN/A0.4N/AN/A0%
Croatia0.1N/A0.2N/A41.4%
AlgeriaN/A0.40.2N/A-50.0%
Others3.42.12.51.8-19.1%
Total10.913.115.012.95.8%

Top Export Markets for Outboard Boat Motors from Spain in 2022:

  1. Portugal (1148.0 units)
  2. Germany (860.0 units)
  3. Equatorial Guinea (274.0 units)
  4. Netherlands (222.0 units)
  5. Ireland (117.0 units)
  6. Italy (101.0 units)
  7. Finland (88.0 units)
  8. Croatia (58.0 units)
  9. Denmark (55.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the outboard boat motors market in Spain. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28111100 - Marine propulsion spark ignition reciprocating or rotary internal combustion piston engines, outboard motors

Country coverage:

  • Spain

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Spain
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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