Latest Market Reports by Country
Sweden
Balloon-based rescue system to feature at METSTRADE
Swiss start-up AirMarker is bringing its emergency visual beacon to the marine sector for the first time after launching into the outdoor market earlier this year
FinlandFinland's boatbuilders eye international growth
Last year was challenging for the Finnish boating sector, but sales remain strong due to robust exports of larger yachts
UKNew government, new taxes, but falling interest rates a boost
Storms darkened the forecasts of many UK marine businesses over the past year, thanks to unseasonable weather in 2023 and metaphorically due to political upheaval within an end-of-term parliament and stubbornly high interest rates.
SwedenDiversification helping firms cope with market challenges
Both the Swedish and especially the Norwegian boating markets have been hit hard in recent years by the economic downturn.
SpainCharter sector takes hit as market stabilises
The Spanish leisure marine market is showing signs of stabilisation in 2024 following several years of accelerated growth.
PortugalTourism boom gives vital boost, as orcas cast shadow
It has been a good 2024 so far for the Portuguese market, with business levels even up on 2023, a year labelled as the country’s “best ever” by CEO of Marlagos and vice president of the Portuguese Marina Association (APPR), Martinho Fortunato.
PolandPolish builders are adjusting their capacity towards larger, higher-value boats
After a number of years marked by robust growth, Poland’s boat industry, along with counterparts across Europe, hit choppier waters in 2023. Local builders have adapted to the difficult market situation by reducing their boat ranges to focus on bestselling craft, and introducing larger yachts to their ranges.
NorwayPerfect storm of high interest rates and weakening currency suppressing demand
The Norwegian boat market has been hit almost more by the tougher economics than its neighbour Sweden, despite the strong oil economy and the country’s massive oil fund.
NetherlandsMarinas, yacht services provide antidote as boat sales plummet
Dutch watersports and recreation lobby, HISWA-RECRON, is reporting a mixed picture for the Netherlands in 2024.
ItalySmall-boat sales down, but boats over 12m holding steady
Despite weakness in small-boat sales, the Italian boating sector is looking towards another decent year, while also waiting for some clarity about where the market might go after the major boat shows in the autumn.
IrelandPushing the pause button in new-boat sales and charters
In Ireland, it seems that all aspects of life are dependent on the weather. That’s particularly true of boating, when a bad spring and summer, such as this year’s, are having an impact on the industry’s bottom line. While the Irish Marine Federation doesn’t report annual revenues, different sectors are ...
- Germany
Refit and repair at the fore as boat sales, charter plunge
Whether sailboats or motorboats, all segments of the German marine market were down in 2023 and business is still very poor. “Sometimes you even hear of boats being sold below cost, which companies claim is a way of securing their liquidity.
- France
Challenging Q1, but rebound on the cards
It is a case of when, not if, the French market rallies after a disappointing Q1 forced many in the industry to modify their expectations for the year ahead.
NewsTaiga Motors sold to UK electric boat entrepreneur
Canadian PWC maker approves acquisition by Stewart Wilkinson
NewsCox Powertrain reports challenging 2023
The UK diesel outboard builder is strengthening its products, supply chain and routes to market
NewsHolterman Shipyard of Netherlands declared bankrupt
Dutch media says there is some interest in a takeover from potential investors
NewsHISWA-RECRON general chairman passes away
Peter Brussel played a crucial role in the development and professionalisation of the Dutch boating sector
NewsSuzuki Marine USA strengthens Tampa, Florida team
Internal promotions and new hires help company prepare for growth
NewsWescom names new head of sales, electronics
Jack Sharland will be responsible for driving growth in the Electronics division
NewsExpansion of Greek marina network key to country’s tourism strategy
Greek government ministers emphasise message at 2024 Olympic Yacht Show
NewsIEMA confirms new headquarters in Barcelona
The International Electric Marine Association will move to its new location in January
NewsSpanish yachting transformed by decarbonisation
Application of new technologies and electrification is bringing about change
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