Wednesday, 3 February 2016

BOAT SHOWS IN FRANCE PICTURES AND MARKET INFORMATION

 

 

BOAT SHOWS IN FRANCE

 FRANCE is listed in the NMMA Power Boat International Resource Guide 

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Overview

The French pleasure boat industry (USD 1.49 billion in turnover) is the third largest in the European Union behind Italy (USD 2.99 billion) and Germany (USD 2.58 billion) and the fourth largest worldwide (after the United States, Italy, and Germany). Despite its relative weakness in the motorboat sector, France is the number one global sailboat producer, contributing 29 percent of worldwide exports in 2010. France accounts for nearly one-third of European sales and one-fifth of the European fleet, with 4 million boaters and 512,766 pleasure boats in activity in 2012. More than 43,700 pleasure boats were built in France in 2011–12. The construction sector of this industry was hit heavily by the financial crisis of 2008. In the 2008–12 period, the number of companies in this sector fell by 17 percent, from 250 to 208 companies. Pleasure boat construction fell by 6.6 percent in volume in 2012, mostly due to a collapse in internal demand. Registration of new boats also dropped by 24 percent from 2012–13. In addition, French pleasure boat distributors experienced an 18 percent decrease in turnover in 2013. However, manufacturers were able to rely on the smaller drop in the wider European market and the rebound in overseas exports to limit their decline in business. In 2011–12, the export rate of French manufacturers was estimated at close to 68 percent, a new record which was once again broken in 2012–13.

Market

France’s growing yacht construction and repair industry is concentrated mostly in western cities bordering the Atlantic and southern cities along the Mediterranean. With governmental aid, French companies have invested in their yacht construction and maintenance capabilities. Nevertheless, domestic builders and repair businesses are struggling to keep up with rapidly growing global market demand.

 
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