Slovenia: Outboard Boat Motors Market 2024

Outboard Boat Motors Market Size in Slovenia

The Slovene outboard boat motors market reduced sharply to $X in 2023, waning by X% against the previous year. Overall, consumption, however, saw buoyant growth. As a result, consumption reached the peak level of $X. From 2022 to 2023, the growth of the market failed to regain momentum.

Outboard Boat Motors Production in Slovenia

In value terms, outboard boat motors production shrank notably to $X in 2023 estimated in export price. Overall, production continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2014 to 2023, production growth remained at a lower figure.

Outboard Boat Motors Exports

Exports from Slovenia

In 2023, after five years of growth, there was significant decline in shipments abroad of outboard motors for marine propulsion, when their volume decreased by X% to X units. In general, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X%. The exports peaked at X units in 2022, and then fell markedly in the following year.

In value terms, outboard boat motors exports fell remarkably to $X in 2023. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2022, and then fell sharply in the following year.

Exports by Country

Croatia (X units), Serbia (X units) and Montenegro (X units) were the main destinations of outboard boat motors exports from Slovenia, with a combined X% share of total exports. Turkey, Bosnia and Herzegovina, Hungary and Italy lagged somewhat behind, together comprising a further X%.

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

In value terms, Croatia ($X) remains the key foreign market for outboard motors for marine propulsion exports from Slovenia, comprising X% of total exports. The second position in the ranking was taken by Serbia ($X), with a X% share of total exports. It was followed by Montenegro, with a X% share.

From 2012 to 2023, the average annual rate of growth in terms of value to Croatia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (X% per year) and Montenegro (X% per year).

Export Prices by Country

The average outboard boat motors export price stood at $X per unit in 2023, picking up by X% against the previous year. Overall, the export price saw a prominent expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by X%. The export price peaked in 2023 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Montenegro ($X per unit), while the average price for exports to Turkey ($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 Montenegro (X%), while the prices for the other major destinations experienced more modest paces of growth.

Outboard Boat Motors Imports

Imports into Slovenia

In 2023, imports of outboard motors for marine propulsion into Slovenia contracted rapidly to X units, declining by X% compared with the previous year. In general, imports, however, recorded a remarkable increase. The pace of growth appeared the most rapid 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 somewhat lower figure.

In value terms, outboard boat motors imports declined significantly to $X in 2023. Overall, imports, however, recorded a buoyant expansion. 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. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Japan (X units), France (X units) and Croatia (X units) were the main suppliers of outboard boat motors imports to Slovenia, with a combined X% share of total imports. Italy and Austria lagged somewhat behind, together accounting for a further X%.

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

In value terms, France ($X), Croatia ($X) and Japan ($X) constituted the largest outboard boat motors suppliers to Slovenia, together comprising X% of total imports. Italy and Austria lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Austria, with a CAGR of X%, recorded 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, shrinking by X% against the previous year. Overall, the import price, however, enjoyed a resilient increase. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2021; however, from 2022 to 2023, import prices failed to regain momentum.

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

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

Source: IndexBox Platform