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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.

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