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Coming soon: SuperYacht Times - The State of Yachting 2019

Business
Written by
Merijn de Waard

Each year, SuperYacht Times aims to improve the quality of its annual market report by ensuring that readers are provided with all the latest market insights. For the first time, 2018’s report included statistics on the used yacht market and readers can look forward to The State of Yachting 2019 report which will expand on this sector of the market.SuperYacht Times - The State of Yachting 2019Photo: SuperYacht Times

For the first time, last year’s market report included statistics on the market for used yachts and this year we will expand on this. The market for used yacht sales has never been properly analysed until now: the total number of yacht sales is well published, but not many people go a lot deeper. In this year's report, we look at the number of days yachts have been on the market in different segments, the number of new yachts being listed on the market, the number of price changes and, of course, the yacht sales themselves.

In each report, SuperYacht Times offers insights into its ongoing research projects, and this year is no different. With a strong focus on the refit market in 2018, readers will for the first time be presented with actual statistics on the refit market as a whole. During a refit seminar hosted as part of the annual Seatec exhibition in April, SuperYacht Times presented its initial findings and took on board perspectives from key players in the market to further refine the report’s approach. While there remains some room for improvement, these are by far the most advanced refit market statistics ever published which will be continuously improved as our market analysis develops. Eclipse and Octopus superyachst in HamburgPhoto: Christian Hinneberg

Another exciting ongoing research project at SuperYacht Times is the rating of yacht brokers. In this report, we unveil the methodology behind our new yacht broker firm rating system, which is currently being developed and tested. The importance of an independent monitor for the performance of yacht brokerage companies in the business is paramount, and although the report does not yet reveal these results, it provides interesting perspectives on the subject which complement them.Alfa Nero at MYBA 2018Photo: Tom van Oossanen / SuperYacht Times

Lastly, the importance of accurate data is another topic discussed in the report which will make The State of Yachting 2019. Gone are the days where industry leaders and key decision makers should be satisfied with only partly-accurate data and Superyacht Times outlines its standards for data collection and emphasise the necessity of reliable data capturing and interpreting. 

As with the previous reports readers can also expect the following insightful topics:

  • Global Superyacht Fleet. Detailed analysis of the fleet by size.

  • Construction Book. Analysis of the construction book based on the total numbers, construction stages, time under construction and more.

  • Market. All the information you need about the new-build and used yacht markets, including the number of yachts sold, a market snapshot of yachts for sale, price reductions, prices per gross-tonne (GT) and more.

  • Market Outlook. Expert views from our intelligence team on the future of the market.

  • Builders. A snapshot of the number of yacht builders worldwide.

  • Refit Market. Analysis of the refit market based on the first data we have collected over the past two years.

  • Ownership. In-depth analysis of where superyacht owners come from and how this has developed over the years. 

  • Principles. As we see it, there are no data standards in the superyacht business and it is time to change that. For the first time, we share some of our superyacht principles on how to track the market.

SuperYacht Times - The State of Yachting 2019’ will be published in early June 2019 and is now available for pre-order. Contact SuperYacht Times’ Head of Intelligence, Ralph Dazert, with your questions at ralph@superyachttimes.com.

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SuperYacht Times - The State of Yachting 2019

Being the intelligence partner for the top shipyards and yacht brokers in the world, we have learned to analyse and track the market in great detail. Each year our leading market report is used by investors, CEOs, owners and other key decision makers to inform themselves on the state of the market and future developments. Find all the information you need on the market, fleet, construction book, ownership nationalities and much more in our report.


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