EU: Inflatable Vessel Market 2024

Inflatable Vessel Market Size in the EU

The EU inflatable vessel market skyrocketed to $X in 2023, with an increase of X% against the previous year. Overall, consumption, however, showed a abrupt downturn. The level of consumption peaked at $X in 2018; however, from 2019 to 2023, consumption stood at a somewhat lower figure.

Inflatable Vessel Production in the EU

In value terms, inflatable vessel production totaled $X in 2023 estimated in export price. Overall, production recorded a mild descent. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Inflatable Vessel Exports

Exports in the EU

In 2023, shipments abroad of inflatable vessels for pleasure or sports decreased by X% to X units, falling for the second consecutive year after five years of growth. Overall, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports reached the peak of X units. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, inflatable vessel exports amounted to $X in 2023. In general, exports saw a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2022 to 2023, the growth of the exports failed to regain momentum.

Exports by Country

In 2023, Spain (X units) represented the largest exporter of inflatable vessels for pleasure or sports, comprising X% of total exports. Italy (X units) took the second position in the ranking, followed by France (X units). All these countries together held near X% share of total exports. Austria (X units), Slovenia (X units), Ireland (X units) and Romania (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for Romania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Spain ($X) and France ($X) were the countries with the highest levels of exports in 2023, together accounting for X% of total exports. Austria, Slovenia, Romania and Ireland lagged somewhat behind, together comprising a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2023, the export price in the European Union amounted to $X per unit, stabilizing at the previous year. Over the period under review, the export price saw a modest increase. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, the export prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Italy ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Romania (X%), while the other leaders experienced mixed trends in the export price figures.

Inflatable Vessel Imports

Imports in the EU

In 2023, overseas purchases of inflatable vessels for pleasure or sports decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, inflatable vessel imports totaled $X in 2023. Over the period under review, imports continue to indicate a perceptible contraction. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

France (X units), Spain (X units) and Italy (X units) represented roughly X% of total imports in 2023. It was distantly followed by Austria (X units) and Ireland (X units), together mixing up an X% share of total imports. The following importers - Romania (X units) and Hungary (X units) - each recorded a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constitutes the largest market for imported inflatable vessels for pleasure or sports in the European Union, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual growth rate of value in France was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: Italy (X% per year) and Spain (X% per year).

Import Prices by Country

In 2023, the import price in the European Union amounted to $X per unit, leveling off at the previous year. Overall, the import price posted noticeable growth. The pace of growth appeared the most rapid in 2019 an increase of X%. Over the period under review, import prices reached the maximum in 2023 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was France ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hungary (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform