Latest Market Reports by Country
Finland
Finland's boatbuilders eye international growth
Last year was challenging for the Finnish boating sector, but sales remain strong due to robust exports of larger yachts
UKNew government, new taxes, but falling interest rates a boost
Storms darkened the forecasts of many UK marine businesses over the past year, thanks to unseasonable weather in 2023 and metaphorically due to political upheaval within an end-of-term parliament and stubbornly high interest rates.
SwedenDiversification helping firms cope with market challenges
Both the Swedish and especially the Norwegian boating markets have been hit hard in recent years by the economic downturn.
SpainCharter sector takes hit as market stabilises
The Spanish leisure marine market is showing signs of stabilisation in 2024 following several years of accelerated growth.
PortugalTourism boom gives vital boost, as orcas cast shadow
It has been a good 2024 so far for the Portuguese market, with business levels even up on 2023, a year labelled as the country’s “best ever” by CEO of Marlagos and vice president of the Portuguese Marina Association (APPR), Martinho Fortunato.
PolandPolish builders are adjusting their capacity towards larger, higher-value boats
After a number of years marked by robust growth, Poland’s boat industry, along with counterparts across Europe, hit choppier waters in 2023. Local builders have adapted to the difficult market situation by reducing their boat ranges to focus on bestselling craft, and introducing larger yachts to their ranges.
NorwayPerfect storm of high interest rates and weakening currency suppressing demand
The Norwegian boat market has been hit almost more by the tougher economics than its neighbour Sweden, despite the strong oil economy and the country’s massive oil fund.
NetherlandsMarinas, yacht services provide antidote as boat sales plummet
Dutch watersports and recreation lobby, HISWA-RECRON, is reporting a mixed picture for the Netherlands in 2024.
ItalySmall-boat sales down, but boats over 12m holding steady
Despite weakness in small-boat sales, the Italian boating sector is looking towards another decent year, while also waiting for some clarity about where the market might go after the major boat shows in the autumn.
IrelandPushing the pause button in new-boat sales and charters
In Ireland, it seems that all aspects of life are dependent on the weather. That’s particularly true of boating, when a bad spring and summer, such as this year’s, are having an impact on the industry’s bottom line. While the Irish Marine Federation doesn’t report annual revenues, different sectors are ...
- Germany
Refit and repair at the fore as boat sales, charter plunge
Whether sailboats or motorboats, all segments of the German marine market were down in 2023 and business is still very poor. “Sometimes you even hear of boats being sold below cost, which companies claim is a way of securing their liquidity.
- France
Challenging Q1, but rebound on the cards
It is a case of when, not if, the French market rallies after a disappointing Q1 forced many in the industry to modify their expectations for the year ahead.
- Czech Republic
Industry bets on return to growth next year
A mid a year they describe as slow and stagnant, Czech boating industry representatives hope that 2025 brings the much-expected interest rate cuts that could reinvigorate the market. Jan Wolf, president of the Czech boating industry association APL, told IBI that, over the past year, local builders, dealers and yacht ...
NewsMalibu settles with Tommy’s trustee for US$3.5m
US builder aims to move beyond the litigation and continue its focus on manufacturing activities
NewsLineup for 2024 METSTRADE Start-Up Pavilion revealed
Yachting Ventures names 15 innovative startups exhibiting at this year’s event
NewsUK builder secures £1.88m to double manufacturing capacity
The Good Growth investment will significantly contribute to the Cornish firm’s £2.9m project to expand operations
NewsWescom names new head of sales, electronics
Jack Sharland will be responsible for driving growth in the Electronics division
NewsSA boatbuilding mourns loss of pioneering yard owner
Fuad Jacobs set up a black-owned yard at the height of Apartheid
NewsTyphoon International makes key promotion
Ben Willis appointed head of leisure and commercial (UK & IE) sales
NewsFlorida dealers, marinas, boaters brace for second hurricane in as many weeks
Hurricane Milton is expected to reach Category 5 status by the time it makes landfall late tonight or early Thursday morning
NewsDutch Super Yacht Tech Campus on track, hailing new age in sector
Larendael Development hopes to inaugurate its campus in late 2025 or early 2026
NewsABYC opens registration for 2025 Standards Week
Annual event updates small craft standards mixed with industry networking opportunities
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