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Global Yacht Sales Normalising After 2 Years High

During the first half of 2023, yacht sales saw a decline in new and used sales alike, following the trend that began in the third quarter of 2022. The market witnessed a -43% decrease, compared to the record-breaking figures of the first half of 2022. With a total of 381 yachts sold in H1 2023, the market seems to be normalizing after a two year high, and is more in line with 2019 figures.

Most Sales Closings In Europe

The European market accounted for 65% of global transactions with Italian-built yachts recording most sales, representing 46% of total yachts sold during the first six months of 2023.

Strong Sales Increase Of Yachts Above 50 Meters

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Sales in the 164' (50m)+ size range recorded a jump versus last year accounting for 11% of all deals. The equivalent number in H1 2022 was 6%. Sales in the 131'-164' (40-50m) size category (13%) and the 98'-131' (30-40m) size segment held steady versus a year ago.