The market is dominated by domestic suppliers, as imports account for 39.0% of total market size in 2022. Investments drive market demand, with investments representing 60.7% of total demand in 2022. Spain has the 12th largest market size for ships and boats regionally, with demand reaching USD1.4 billion in 2022. Navantia SA is the largest company in Spain, generating 37.2% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 59.5% of total production value in 2022. The total number of companies decreases in 2022, to 519 units. The costs of the industry decrease by 12.1% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at -2.2% of production value in 2022, the 20th highest regionally. The industry’s exports share increases in 2022 to 64.7% of total production output. With production value of USD2.4 billion, Spain accounts for 3.4% of the Western Europe total in 2022.
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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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