U.S. - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends And Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingOutboard Boat Motors Price in the United States - 2023
Contents:
- Outboard Boat Motors Price in the United States (CIF) - 2022
- Outboard Boat Motors Price in the United States (FOB) - 2023
- Outboard Boat Motors Imports in the United States
- Outboard Boat Motors Exports in the United States
Outboard Boat Motors Price in the United States (CIF) - 2022
In 2022, the average outboard boat motors import price amounted to $4,792 per unit, growing by 5.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2017 an increase of 19% against the previous year. Over the period under review, average import prices attained the peak figure at $5,039 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($5,266 per unit), while the price for Thailand ($1,474 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+3.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Outboard Boat Motors Price in the United States (FOB) - 2023
In September 2023, the average outboard boat motors export price amounted to $3,148 per unit, which is down by -9% against the previous month. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 an increase of 15% against the previous month. As a result, the export price attained the peak level of $3,899 per unit; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Argentina ($6,239 per unit), while the average price for exports to Canada ($1,830 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+2.6%), while the prices for the other major destinations experienced a decline.
Outboard Boat Motors Imports in the United States
Outboard boat motors imports into the United States rose notably to 312K units in 2022, picking up by 15% on the previous year. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 60%. 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 soared to $1.5B in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +86.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 55%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Outboard Boat Motors in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 1,046 | 731 | 1,134 | 1,421 | 10.8% |
| China | 74.1 | 55.4 | 80.9 | 37.6 | -20.2% |
| Thailand | 15.3 | 14.2 | 23.4 | 30.1 | 25.3% |
| Others | 1.6 | 0.8 | 1.6 | 7.1 | 64.3% |
| Total | 1,137 | 801 | 1,240 | 1,496 | 9.6% |
Top Suppliers of Outboard Boat Motors to the United States in 2022:
- Japan (269.9K units)
- Thailand (20.4K units)
- China (20.0K units)
Outboard Boat Motors Exports in the United States
Outboard boat motors exports from the United States skyrocketed to 183K units in 2022, rising by 39% compared with 2021. In general, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +78.5% against 2019 indices. 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 surged to $636M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.4% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Outboard Boat Motors in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 116 | 119 | 160 | 191 | 18.1% |
| Canada | 107 | 80.3 | 135 | 164 | 15.3% |
| Mexico | 28.6 | 27.4 | 33.6 | 45.7 | 16.9% |
| Australia | 29.1 | 27.5 | 32.9 | 44.4 | 15.1% |
| China | 20.2 | 73.0 | 34.6 | 36.3 | 21.6% |
| Argentina | 7.0 | 12.3 | 12.1 | 15.5 | 30.3% |
| Luxembourg | N/A | N/A | N/A | 14.2 | 0% |
| United Arab Emirates | 8.2 | 7.1 | 10.8 | 13.1 | 16.9% |
| New Zealand | 11.3 | 9.4 | 11.7 | 12.5 | 3.4% |
| Others | 95.5 | 93.4 | 75.6 | 98.2 | 0.9% |
| Total | 423 | 450 | 506 | 636 | 14.6% |
Top Export Markets for Outboard Boat Motors from the United States in 2022:
- Canada (86.8K units)
- Belgium (36.9K units)
- China (9.2K units)
- Australia (8.8K units)
- Mexico (8.1K units)
- Argentina (3.3K units)
- Luxembourg (3.1K units)
- New Zealand (3.0K units)
- United Arab Emirates (2.8K units)
This report provides an in-depth analysis of the outboard boat motors market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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.
-
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
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
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
-
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
-
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
-
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
-
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
-
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
282
This report provides an in-depth analysis of the outboard boat motors market in the U.S..
401
This report provides an in-depth analysis of the market for internal combustion engine (excl. diesel, moto vehicle and aircraft) in the U.S..
545
This report provides an in-depth analysis of the market for aircraft internal combustion engine in the U.S..
384
This report provides an in-depth analysis of the motor vehicle engine market in the U.S..
273
This report provides an in-depth analysis of the global outboard boat motors market.
1086
This report provides an in-depth analysis of the global market for internal combustion engine (excl. diesel, moto vehicle and aircraft).
1555
This report provides an in-depth analysis of the global market for aircraft internal combustion engine.
1026
This report provides an in-depth analysis of the global motor vehicle engine market.
282
This report provides an in-depth analysis of the outboard boat motors market in the U.S..
401
This report provides an in-depth analysis of the market for internal combustion engine (excl. diesel, moto vehicle and aircraft) in the U.S..
189
In value terms, outboard boat motors imports rose sharply to $128M in March 2023.
459
In April 2023, the motor vehicle engine price amounted to $2,657 per unit (CIF, US), remaining stable against the previous month.
194
Discover the top import markets for outboard boat motors around the world, backed by key statistics from the IndexBox market intelligence platform.
181
Discover the world's best import markets for internal combustion engines (excl. diesel, moto vehicle, and aircraft) with key statistics and numbers. Explore the top countries and their import values in 2022.
656
In value terms, parts suitable for use solely imports totaled $X in 2016. In general, parts suitable for use solely imports continue to indicate a relatively flat trend pattern. Over the period unde...
1326
In value terms, engines and motors imports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total imports value increased at an average annual rate of +X% over the ...
694
In value terms, parts suitable for use solely exports stood at $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; however, the trend p...
748
In value terms, engines and motors exports totaled $X in 2016. Overall, it indicated a strong growth from 2007 to 2016: the total exports value increased at an average annual rate of +X% over the ...
940
In 2016, the amount of internal combustion engine imported worldwide stood at X tons, growing by X% against the previous year figure. Overall, it indicated a remarkable increase from 2007 to 2016: ...
884
In 2016, the amount of internal combustion engine imported worldwide stood at X tons, growing by X% against the previous year figure. Overall, it indicated a remarkable increase from 2007 to 2016: ...
