Yacht Sales Statistics

Yacht building has always remained a labor intensive but a highly stimulating and satisfying experience for many boat manufacturers. What differentiate a Yacht from a traditional ship are the grace and the ultimate majesty of the larger sailing yachts. Let us review the recent trends in the yacht industry and the accompanying sales statistics.

A SAMPLE OF JOB MARKET

The US boat building industry recognized the fact that yacht building is historically a very complicated process which requires highly skilled labor. Due to the complex factors involved, the statistics show that on average a $40000 worth of a project is only providing one job to the Rhode Island and Florida yacht development efforts. There is an extreme shortage of Yacht builders which far exceeds the threat to the US economy, from the low cost overseas workers.

STATISTICS IN YEAR 2004

According to the popular website, Yacht Forums, the statistics for the year 2003-04 reveal that 52 percent of the global market share is held by the top 20 yacht manufacturers. The Azimut-Benetti group of Italy represents Italy's premier boat yards. They worked on 59 major projects in a year and made or sold over 7000 feet of yacht. The statistics also reveals the fact that the other two rivals of the Italian group are in fact, locals. Rodriguez and Ferretti group provided or sold over 4000 feet of yacht, each. These groups are involved in building semi-custom fiberglass yachts. The figures also revels that the top three countries in yacht building are Italy, Netherlands and the United States, in order. Yacht building statistics provides a firm clue that manufactures sell larger yachts, every year. The 2004 season saw Lurssen producing three of the four largest yachts. Most of the yachts sold were made of steel apart from Athena, made by Royal Huis. The yacht statistics also suggests the majority of the large boats were between 80 to 90 feet.