All articles by Subscriber-only – Page 267
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Spanish boat registrations up 6.2%
Spain’s National Association of Nautical Companies (ANEN) has announced that the country’s recreational craft registrations grew by 6.2% year-on-year to 3,489 units in the first half of 2019.
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Market Overview | New Zealand
Despite no longer being a force in big boat prodction, New Zealand’s industry remains in rude health, buoyed by a booming trailer boat sector and vibrant export-focused equipment manufacturers
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Market Overview | South Korea
South Korea has matured over the past 10 years into a middle class boating market with an emphasis on small boats and sea fishing
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Vietnam and China: same yacht potential, different yacht approach
In many ways, Vietnam and China mirror each other in stunning and rapid wealth creation, making both prime markets for high-end yacht sales, but the way each country’s government embraces big boats is having opposite effects.
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Deloitte Boating Market Monitor highlights continued growth in global boating market
The annual Boating Market Monitor, prepared annually by Deloitte for Nautica Italiana, shows that the global market continued to rise in 2018 and reached a value of €22bn, with the Italian industry accounting for 2%. The findings were presented last week at the Versilia Rendez-Vous in Viareggio, Italy.
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Russia looks to generate $1bn revenues from yachting in the next few years
It might seem ambitious, but a mix of government incentives, restrictions on overseas vacations and an emerging middle class are fuelling potential
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Strong 2018 for Dutch SY sector
Dutch superyacht yards delivered over €1.5bn worth of 30m-plus yachts to owners last year, with a further 60 superyachts in various stages of construction.
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Marginal gains for Russian marine market, but appetite for sail growing
Local yacht dealers and industry analysts are expecting modest growth at best for the Russian leisure marine sector in 2019, most likely achieving no more than 1% in value terms compared to 2018.
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Finnish industry forecasting buoyant summer
Early onset of spring and last year’s warm boating season two underlying factors behind surge in market
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Croatia risks shift in yacht tourism to Greece and Turkey as fees rise
Country watching to see if higher prices and fees are sending yachters to new locations
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Western Australia and Northern Territories vie for superyacht work
The success of superyachts cruising to the Kimberley area of northwest Australia is seeing an inter-state challenge develop between Western Australia (WA) and the Northern Territories (NT) to win the support and related opportunities of these visiting yachts.
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Spanish recreational craft market posts best Q1 results in three years
Boat registrations up to 52ft make significant gains
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Brexit brings growth to UK boating tourism
A new study reveals that boating tourism contributed over £6 billion to the UK economy in 2018
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US outboard engine sales reached a 12-year high in 2018
NMMA has released the first section of its annual statistical abstract detailing trends in the dynamic outboard segment
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Norwegian boat imports continue to grow
The Norwegian market for pleasure boats is back with strong figures, according to trade organisation Norboat.
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US powerboat registrations up 4.6% in September
US registrations for new powerboats were up 4.6% in September on a rolling 12-month year-over-year basis (R12M YOY), according to preliminary data released today by the National Marine Manufacturers Association (NMMA). Source: Discover Boating, NMMA The seemingly unending appetite for ski and wakeboard boats, pontoon boats and ...
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Market Overview | Europe
Europe posted its fastest growth since 2007 as economic recovery consolidated and delivered real GDP growth of 2.6% in 2017. Against that backdrop, a return of consumer confidence and willingness to spend on discretionary items finally gave traditional boating markets in Europe the boost they needed to put boat sales ...