The market is dominated by domestic suppliers, as imports account for 17.3% of total market size in 2022. B2B drives market demand, with B2B spending representing 66.3% of total demand in 2022. The UK has the third largest market size for ships and boats regionally, with demand reaching USD10.2 billion in 2022. BAE Systems Marine Ltd is the largest company in the UK, generating 27.3% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 62.7% of total production value in 2022. The total number of companies increases in 2022, to 4,989 units. The costs of the industry increase by 2.4% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 21.2% of production value in 2022, the second highest regionally. The industry’s exports share increases in 2022 to 16.9% of total production output. With production value of USD8.6 billion, the UK accounts for 12.0% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Ships and Boats in the United Kingdom: 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 the United Kingdom: 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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