Sweden: Sailboat Market 2024

Sailboat Market Size in Sweden

For the third consecutive year, the Swedish sailboat market recorded decline in sales value, which decreased by X% to less than $X in 2022. Overall, consumption, however, faced a significant curtailment. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Sailboat Production in Sweden

In value terms, sailboat production declined notably to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate temperate growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

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Sailboat Exports

Exports from Sweden

Sailboat exports from Sweden skyrocketed to X units in 2021, rising by X% against 2020. Overall, exports recorded a strong increase. The pace of growth appeared the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, sailboat exports dropped to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015 when exports increased by X%. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), the United States (X units) and the Netherlands (X units) were the main destinations of sailboat exports from Sweden, with a combined X% share of total exports. The UK, Canada, Switzerland, Russia and Germany lagged somewhat behind, together accounting for a further X%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sailboat exported from Sweden were the Netherlands ($X), the United States ($X) and Norway ($X), with a combined X% share of total exports. The UK, Switzerland, Germany, Canada and Russia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Canada, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average sailboat export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 an increase of X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (X.9%), while the prices for the other major destinations experienced more modest paces of growth.

Sailboat Imports

Imports into Sweden

In 2021, overseas purchases of sailboats for pleasure or sports, with or without auxiliary motor increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports showed mild growth. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, sailboat imports surged to $X in 2021. Overall, imports, however, saw a deep slump. The growth pace was the most rapid in 2017 when imports increased by X%. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Japan (X units) constituted the largest supplier of sailboat to Sweden, accounting for a X% share of total imports. Moreover, sailboat imports from Japan exceeded the figures recorded by the second-largest supplier, Norway (X units), threefold. The third position in this ranking was held by Australia (X units), with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Japan stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (X% per year) and Australia (X% per year).

In value terms, France ($X) constituted the largest supplier of sailboats for pleasure or sports, with or without auxiliary motor to Sweden, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with an X% share of total imports. It was followed by Norway, with a X% share.

From 2012 to 2021, the average annual growth rate of value from France amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Norway (X% per year).

Import Prices by Country

The average sailboat import price stood at $X per unit in 2021, increasing by X% against the previous year. Overall, the import price, however, showed a deep slump. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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