A large percentage of the Spanish population lives close to the water. Spain is also the second largest tourist destination in the world. Water sports are rapidly gaining popularity.
The ratio of boat ownership in Spain is 0.5 boats per 100 head of population. The European average is 1.6:100. Consequently, as per capita incomes rise, significant growth in boat ownership is expected, although restricted mooring space is a major issue.
Imports of pleasure boats are dominated by the United States, which accounts for around half the import market, followed by France, Italy and Australia. Most imported boats come with the motor attached. Spanish boat manufacturers have to import motors for their boats, with the customer usually choosing the engines.