Portugal - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPortugal: Outboard Boat Motors Market 2024
Outboard Boat Motors Market Size in Portugal
The Portuguese outboard boat motors market shrank remarkably to $X in 2023, which is down by X% against the previous year. Overall, consumption recorded a abrupt decrease. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.
Outboard Boat Motors Production in Portugal
In value terms, outboard boat motors production reduced remarkably to $X in 2023 estimated in export price. Overall, production recorded a deep downturn. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2023, production stood at a somewhat lower figure.
Outboard Boat Motors Exports
Exports from Portugal
In 2023, after eight years of growth, there was decline in overseas shipments of outboard motors for marine propulsion, when their volume decreased by X% to X units. Overall, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2022, and then reduced slightly in the following year.
In value terms, outboard boat motors exports reduced remarkably to $X in 2023. Over the period under review, exports, however, showed a strong expansion. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Spain (X units) was the main destination for outboard boat motors exports from Portugal, with a X% share of total exports. Moreover, outboard boat motors exports to Spain exceeded the volume sent to the second major destination, Norway (X units), fourfold. The third position in this ranking was held by France (X units), with an X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume to Spain stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and France (X% per year).
In value terms, Spain ($X) remains the key foreign market for outboard motors for marine propulsion exports from Portugal, comprising X% of total exports. The second position in the ranking was taken by France ($X), with a X% share of total exports. It was followed by Sweden, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Spain amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (X% per year) and Sweden (X% per year).
Export Prices by Country
The average outboard boat motors export price stood at $X per unit in 2023, which is down by X% against the previous year. Over the period under review, the export price showed a mild decrease. The pace of growth appeared the most rapid in 2013 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2023, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Sao Tome and Principe ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.
Outboard Boat Motors Imports
Imports into Portugal
In 2023, after three years of growth, there was significant decline in supplies from abroad of outboard motors for marine propulsion, when their volume decreased by X% to X units. Overall, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports reached the peak figure at X units in 2022, and then contracted significantly in the following year.
In value terms, outboard boat motors imports shrank to $X in 2023. In general, imports, however, posted a prominent increase. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then shrank in the following year.
Imports by Country
Belgium (X units), Spain (X units) and Japan (X units) were the main suppliers of outboard boat motors imports to Portugal, together accounting for X% of total imports.
From 2012 to 2023, the biggest increases were recorded for Japan (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, the largest outboard boat motors suppliers to Portugal were Spain ($X), Belgium ($X) and Japan ($X), with a combined X% share of total imports.
Among the main suppliers, Japan, with a CAGR of X%, saw the highest growth rate of 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
In 2023, the average outboard boat motors import price amounted to $X per unit, picking up by X% against the previous year. In general, import price indicated a measured expansion from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, outboard boat motors import price increased by X% against 2021 indices. The growth pace was the most rapid in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2023 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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This report provides an in-depth analysis of the outboard boat motors market in Portugal. 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:
- Portugal
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Portugal
- 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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