The market is dominated by domestic suppliers, as imports account for 35.1% of total market size in 2023. Investments drive market demand, with investments representing 61.2% of total demand in 2023. Spain has the 11th largest market size for ships and boats regionally, with demand reaching USD2.3 billion in 2023. Navantia SA is the largest company in Spain, generating 34.0% of the industry’s total production value in 2023. The industry is concentrated, with the top five companies generating 54.4% of total production value in 2023. The total number of companies increases in 2023, to 508 units. The costs of the industry increase by 12.7% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 5.7% of production value in 2023, the 10th highest regionally. The industry’s exports share decreases in 2023 to 59.5% of total production output. With production value of USD3.7 billion, Spain accounts for 4.6% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Ships and Boats in Spain: ISIC 351. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Ships and Boats in Spain: ISIC 351 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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