All Market Intelligence articles – Page 75
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NewsEU headed for ‘deep, uneven recession of historic proportions’
The EU head office says the coronavirus pandemic is savaging the European Union economy this year, creating a “recession of historic proportions”. It adds Western Europe will not fully recover until at least the end of 2021. In its spring economic forecasts, the European Commission says the economies of the ...
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NewsYacht transport continues despite uncertainty over Med season outlook
While the future of the Mediterranean season for yacht and superyacht cruising and charter is unknown at this point in time, arrangements to transport yachts into key Med locations continues apace. Taking the yachting centre of Palma in Mallorca as an example, a number of yacht transport ships have been ...
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Market Overview | Denmark
Full order books and momentum from a healthy 2019 have bought builders and their suppliers vital time in the COVID-19 battle
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Market Overview | Finland
Off the back of one of the most positive Helsinki boat shows in years, Finland’s marine industry had been looking forward to a buoyant 2020. Now it waits anxiously to see what tomorrow brings
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Market Overview | Gemany
Cracks were already beginning to appear in the industry, despite a buoyant Boot Düsseldorf, with growing sales of bigger boats masking softness in other sectors. Covid-19 has now set alarm bells ringing
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NewsNetherlands: longer lockdown puts 20,000 sector jobs at risk
The Netherlands has extended its coronavirus lockdown through May 20, piling on the economic pain for the boating and leisure sectors that expect damage to total €1bn. The HISWA-RECRON lobby also says close to 20,000 jobs are at risk. It has expressed dismay that the government has not yet accepted ...
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NewsRussia’s message urging boat owners to keep yachts closer to home falling on deaf ears
The number of yachts registered within the Russian jurisdiction continues to be low, despite attempts by the Russian state to convince domestic owners to keep their boats within Russian waters, according to representatives of the Russian Ministry of Sport and Tourism. In recent years, the Russian government has provided a ...
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NewsRV analyst sees no economic improvement before 2021
The recreational vehicle (RV) market in the US should bottom out during the current second quarter, but the industry faces a “long and bumpy road” to an economic recovery that won’t be seen before 2021 at the soonest, according to the industry’s leading analyst. The RV and recreational boating industry ...
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NewsMediterranean new-build yacht and refit yards start to reopen
With the lockdowns due to the COVID-19 pandemic being eased in countries such as Spain and parts of Italy, a number of yacht and superyacht new-build and refit facilities have started to reopen this week. France will stay in lockdown until at least May 11 and Monaco is set to ...
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NewsUS powerboat registrations up through January
Sales of new powerboats were up 5% on a rolling three-month YOY basis
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NewsCoronavirus in Poland’s boating industry
Most Polish boatbuilders continue to operate under increasingly stiff restrictions, reports POLBOAT President Sebastian Nietupski on behalf of the country’s boating industry
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NewsLatest on Italy’s boating industry
Only marine repair companies in the marine sector and certain suppliers will remain open past today, reports Andrea Razeto of Italy’s marine industry association - Confindustria Nautica
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NewsCoronavirus leads to ailing global economy
If the coronavirus doesn’t make you physically ill, it could be affecting your financial health as more reports begin to surface on the economic impact of the outbreak. The Wall Street Journal reports on the array of companies outside of China that are having to slow production or rapidly seek ...
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Market Overview | France
Ten years after the 2008 financial crisis, a smile has returned to the faces of leisure boat professionals in France. But the good results are mainly from exports as the home market remains lacklustre
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Market Overview | Italy
Italy’s industry is riding high, but can the growth rate be sustained? Exports and confidence continue to rise as the industry gets ready for what it predicts will be another good year
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Galley equipmentGalley design and equipment takes centre stage
The evolution of galleys onboard sail and motoryachts below 24m has gained significant momentum over the past three years. What was once a functional, often cramped space, tucked down below out of sight, is increasingly taking centre stage
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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 ...
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Beneteau confident in ‘strong vitality’ of Australian market
13 models displayed and around 10 sales achieved at recent Sydney show
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Market Overview | Germany
Confidence in Germany’s marine leisure industry is high and builders’ order books are full, but changing boat usage, dated business models, and an ageing demographic present both challenges and opportunities
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