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  • Economic info
  • Stats

The second hand boat market in France

 

  • In 2017 and in 2018, the second-hand boat market in France stayed very active, but with a slight decrease compared to 2016.  Every year, the French adminstration edits a booklet with the statistics that gives us, for the previous year, the detailed figures of the sales of second-hand boats. The information available in 2018 are the transactions recorded until 31/08/2017.

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  • For the first time since 2010, the number of transactions of second-hand boats over 8 m (sail and power mixed) has known a small decrease: 4954 sailing boats and 3223 power boats changed hands on the market in 2017, compared to 5052 sailing boats and 3223 power boats in 2016.

  • Paradoxically, this small decrease is a sign of the good health the second-hand boat market has enjoyed the last 10 years. There is a strong demand for second-hand boats but the ‘available stock’ is not large enough to satisfy the demand. Consequently, the prices have stabilised and sometimes even known a slight increase, which is very unusual on this market where the buyers and sellers are used to watch the prices go down mechanically year after year. The second effect of this contraction of the stock is the growth of the sale of new boats. One could have thought that the decrease this market has known would never end (the market for sales of new boats over 8 m has been halved between 2006 and 2016) …, but we were wrong! For the first time since 2006, the number of new boats over 8 m sold in France has increased: 1965 new boats were registered compared to 1510 in 2016, that is a 23% growth ! It is true that we are far away from the record sales in 2008 (3486 boats), but this recovery of sales of new boats is excellent news for the second-hand boat market: these new boats will become second-hand boats and the available stock will increase again.

  • For Antipode, the growth of the export activity is confirmed from year to year: in 2017 and 2018 the export part of our sales exceeds 50%.
    Other confirmation, and great news, observed in 2018 for Antipode and probably for all the actors on the market: the decrease in the average age of our clients, in particular when it comes to sailing boats, where we find buyers of 30 to 45 years of age that had “disappeared” from the market since 2010.

Sale of second hand sailing boats and power boats over 8 meters in France, from 2007 to 2017

economic informations second hand boat sales in France

Antipode recruits

1 Yacht Broker

> Permanent full-time

> Based in Vannes, France

> Fluent English required

> Personal practice of sailing, cruising or racing

> Extensive travel West of France, car provided

1 Commercial Assistant

> Permanent full-time or part-time to be agreed with the candidate

> Based in Vannes, France

> Fluent English required

> Personal practice of sailing, cruising or racing

> Extensive travel in Britain, car provided

Contact

Jérôme Le Joubioux : + 33 6 07 45 71 73

jerome@antipode-yachts.com