Canada - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends And Insights
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View PricingOutboard Boat Motors Price in Canada - 2023
Contents:
- Outboard Boat Motors Price in Canada (CIF) - 2023
- Outboard Boat Motors Price in Canada (FOB) - 2023
- Outboard Boat Motors Imports in Canada
- Outboard Boat Motors Exports in Canada
Outboard Boat Motors Price in Canada (CIF) - 2023
In June 2023, the average outboard boat motors import price amounted to $6,186 per unit, approximately reflecting the previous month. In general, import price indicated temperate growth from June 2022 to June 2023: its price increased at an average monthly rate of +2.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, outboard boat motors import price increased by +6.0% against January 2023 indices. The most prominent rate of growth was recorded in January 2023 an increase of 49% month-to-month. Over the period under review, average import prices attained the peak figure in June 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($11,407 per unit), while the price for Thailand ($906 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by China (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Outboard Boat Motors Price in Canada (FOB) - 2023
In June 2023, the average outboard boat motors export price amounted to $3,002 per unit, picking up by 7.1% against the previous month. In general, the export price, however, saw a pronounced setback. The most prominent rate of growth was recorded in March 2023 an increase of 83% m-o-m. As a result, the export price reached the peak level of $7,466 per unit; afterwards, it flattened through to June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was New Zealand ($6,401 per unit), while the average price for exports to the United States amounted to $2,549 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (0.0%).
Outboard Boat Motors Imports in Canada
In 2022, the amount of outboard motors for marine propulsion imported into Canada surged to 68K units, jumping by 21% against the previous year's figure. In general, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 with an increase of 67% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, outboard boat motors imports surged to $286M in 2022. Over the period under review, imports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 71% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in the near future.
| Import of Outboard Boat Motors in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 90.1 | 63.9 | 110 | 138 | 15.3% |
| Japan | 78.0 | 53.8 | 91.0 | 118 | 14.8% |
| China | 11.2 | 9.0 | 17.5 | 18.3 | 17.8% |
| Thailand | 4.9 | 4.2 | 6.3 | 11.9 | 34.4% |
| Others | 0.3 | 0.6 | 0.7 | 0.4 | 10.1% |
| Total | 185 | 132 | 225 | 286 | 15.6% |
Top Suppliers of Outboard Boat Motors to Canada in 2022:
- Japan (36.9K units)
- United States (14.5K units)
- Thailand (10.2K units)
- China (6.7K units)
Outboard Boat Motors Exports in Canada
In 2022, outboard boat motors exports from Canada skyrocketed to 1.8K units, growing by 124% against the previous year. Over the period under review, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, outboard boat motors exports skyrocketed to $7.2M in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Outboard Boat Motors in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 3.1 | 2.2 | 2.0 | 6.9 | 30.6% |
| Ireland | N/A | N/A | N/A | 0.1 | 0% |
| China | N/A | N/A | 0.3 | N/A | 0% |
| France | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Others | 0.2 | 0.1 | 0.1 | 0.2 | 0.0% |
| Total | 3.6 | 2.4 | 2.4 | 7.2 | 26.0% |
Top Export Markets for Outboard Boat Motors from Canada in 2022:
- United States (1613.0 units)
- Ireland (132.0 units)
- France (13.0 units)
This report provides an in-depth analysis of the outboard boat motors market in Canada. 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:
- Canada
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Canada
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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