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NEW YACHT SALES
Q1 2023 Insights
SOURCE: SUPERYACHT IQ
New Yachts Sold By Size Range
NEW YACHT SALES IN THE 40-50M SIZE RANGE DECREASED COMPARED TO Q1 2022
‣ 42% OF NEW BUILD YACHTS SOLD WERE BETWEEN 30-50 METERS - UP COMPARED TO Q1 2022 (34%)
‣ NEW BUILD SALES BETWEEN 40-50 METERS AT 8% - IN DECLINE VERSUS Q1 2022 (11%)
‣ NEW SALES ABOVE 50 METERS INCREASED AT 13% (ONLY 7% IN Q1 2022)
New Yacht Sales Above 24m
NEW YACHTS SOLD IN Q1 2023 WERE MUCH MORE EXPENSIVE COMPARED TO PREVIOUS YEARS
AVERAGE VALUE OF NEW BUILD YACHTS SOLD, DAYS ON MARKET & AVERAGE VOLUME (Q1
‣ COMPARED TO Q1 2022, Q1 2023 RECORDED A LOWER AVERAGE YACHT VOLUME (GT), SIMILAR NUMBER OF AVERAGE DAYS ON MARKET
‣ COMPARED TO PREVIOUS YEARS, THE AVERAGE LAST ASKING PRICE FOR NEW BUILDS WAS AT ITS HIGHEST AT ONE $21,2 MILLION
New Yachts Sold By Builders
FERRETTI, AZIMUT AND RIVA RECORDED THE HIGHEST NUMBER OF NEW YACHTS SOLD IN Q1 2023
Had the highest number of units sold.
FEADSHIP, ADMIRAL & ISA
Had the largest average length in new yachts sales.
HORIZON
Is the only Asian shipyard to sell new build yacht in Q1 2023.
ITALIAN YARDS
Are the most represented in new yacht sales by unit.
CATAMARAN YACHTS
Performed well in new yacht sales with Sunreef and VisionF yards.