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

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

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Outboard Boat Motors Price in Sweden - 2023

Contents:

  1. Outboard Boat Motors Price in Sweden (CIF) - 2023
  2. Outboard Boat Motors Price in Sweden (FOB) - 2023
  3. Outboard Boat Motors Imports in Sweden
  4. Outboard Boat Motors Exports in Sweden

Outboard Boat Motors Price in Sweden (CIF) - 2023

In July 2023, the average outboard boat motors import price amounted to $4,274 per unit, falling by -5.2% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in April 2023 an increase of 13% month-to-month. Over the period under review, average import prices reached the maximum at $4,506 per unit in June 2023, and then contracted in the following month.

Average prices varied noticeably amongst the major supplying countries. In July 2023, the countries with the highest prices were the Netherlands ($4,569 per unit) and Belgium ($4,445 per unit), while the price for Germany ($3,957 per unit) and Japan ($4,014 per unit) were amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Japan (+1.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Outboard Boat Motors Price in Sweden (FOB) - 2023

The average outboard boat motors export price stood at $4,380 per unit in July 2023, growing by 19% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 an increase of 28% against the previous month. Over the period under review, the average export prices attained the maximum at $5,345 per unit in August 2022; afterwards, it flattened through to July 2023.

There were significant differences in the average prices for the major export markets. In July 2023, the country with the highest price was Poland ($4,569 per unit), while the average price for exports to Norway ($2,977 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (+0.8%), while the prices for the other major destinations experienced a decline.

Outboard Boat Motors Imports in Sweden

In 2022, supplies from abroad of outboard motors for marine propulsion decreased by -9% to 16K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +7.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 33% against the previous year. As a result, imports attained the peak of 18K units, and then shrank in the following year.

In value terms, outboard boat motors imports contracted notably to $55M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 24% against the previous year. As a result, imports reached the peak of $67M, and then fell notably in the following year.

Import of Outboard Boat Motors in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium11.916.128.220.920.7%
Japan10.110.512.013.811.0%
Germany17.216.720.213.2-8.4%
Thailand1.31.51.92.930.7%
France0.41.42.31.762.0%
China0.90.10.40.6-12.6%
United States7.16.40.50.1-75.9%
Others0.71.72.01.528.9%
Total49.654.467.554.83.4%

Top Suppliers of Outboard Boat Motors to Sweden in 2022:

  1. United States (undefinedK units)
  2. Japan (5.0K units)
  3. Belgium (4.1K units)
  4. Germany (3.1K units)
  5. Thailand (2.8K units)
  6. China (0.5K units)
  7. France (0.4K units)

Outboard Boat Motors Exports in Sweden

Outboard boat motors exports from Sweden reduced dramatically to 1.2K units in 2022, declining by -38.7% on the year before. Over the period under review, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 1,397%. As a result, the exports attained the peak of 2K units, and then dropped rapidly in the following year.

In value terms, outboard boat motors exports declined notably to $2.9M in 2022. Overall, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 691% against the previous year. As a result, the exports reached the peak of $4M, and then dropped dramatically in the following year.

Export of Outboard Boat Motors in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway2861722,6132,04292.6%
IndonesiaN/AN/A171369115.8%
FinlandN/A25.373.7122119.6%
Belgium22073.6N/A21.2-54.2%
United StatesN/AN/A6483.4-99.5%
Others49.323851536294.4%
Total5565094,0212,92073.8%

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

  1. Norway (1109.0 units)
  2. Finland (46.0 units)
  3. Indonesia (6.0 units)
  4. United States (2.0 units)
  5. Belgium (2.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the outboard boat motors market in Sweden. 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:

  • Sweden

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sweden
  • 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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