Domestic boat sales in France were generally positive during the 2016/17 financial year, says French marine industries association FIN.
Almost 10,000 new boats were sold during the period – a 13% increase in units over the previous 12 months and a 10% increase in sales. Growth is attributed to demand for small motorboats, says FIN.
“This last year brought a great deal of satisfaction,” said Yves-Lyon Caen, FIN president, during his traditional September press conference held in Paris on Tuesday.
Exports, however, still account for around 75% of French boat production.
According to FIN’s statistics, the second-hand market is also generally stable with around 60,000 units sold annually. The market experienced a slight decline of just -0.6% for motorboats in 2016/17, and -3.3% for sailboats.
Lyon Caen also highlighted the favourable international environment of the boating industry, with growth in both North America and Europe. FIN estimates global international growth for the period of between 2% and 5%.
In conclusion, FIN's president said: "The year that is opening should continue this very positive trajectory.”