Raphael Sauleau analyzes the year of covid 19
2020 a year to remember
” Looking at yachting and moreover the pre-owned brokerage sector in details it has been performing consistently with relatively controlled dips over the last 6 years. 2017-2020 confirms that super yachting attracts more new owners but also demonstrates that experienced ones opt for bigger tonnage when the time is right. Whilst 2020 saw a slowdown for charter due to the restrictions, it however performed similarly, if not better than brokerage since 2015.
???????? Yacht sales are up by +12.1% on 2019 and down by -5.9% on 2018, and up +26.3% on the average for the last 11 years
???????? Total Value of Sales is up +14.1% on 2019, up +7.4% on 2018 and up +35.81% on the average for the last 11 years
???????? Average Value of Sales is up +2% on 2019, up +14% on 2018 and down -4.4% on average for the last 11 years
????. # of sales in October 2020 are double as opposed to the same month last year – a positive trend that started in July. The sales of the last 4 months are up +62% on 2019 & +39% on 2018.
???? The 2020 market has now surpassed 2019 both in number of sales and value as of October.“
Article by Raphael Sauleau, CEO Fraser
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