YachtWorld Releases Q3 Market Index for 2016

by | Nov 15, 2016 | News

Just released, the 2016 Q3 YachtWorld Market Index provides year-to-date sales in the combined yacht brokerage market for the U.S. and Europe. In the third quarter, Europe continued it sales rally, with brokers selling 8 percent more boats than in Q3 2015. Yet decreased sales in the larger U.S. brokerage market offset those gains, and the combined yacht brokerage market remained lower for the first nine months of 2016.

Notable gains in the total value of boats sold by U.S. brokers were more than offset by significantly lower value European sales. These value swings were mainly due to superyacht pricing fluctuations in both markets.

The detail in these numbers and much more is available in this edition of the YachtWorld Market Index. We provide a special report on sales in Spain, quarterly sales data on the top brands in the most popular boat classes, and a study of the time required to sell boats of different lengths and different ages.

Download the 26-page Index here and visit Boats Group site’s Published Data section to read earlier copies of the Index.