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  • Economic info
  • Stats

The second hand boat market in France

 

2016 has confirmed 2 structural tendencies of the second hand boat market in France observed since 2006 :

  • The consistent progression of the number of transactions :
    On the segment of 8 to 18m, sailing boats and power boats combined, in 2016, 8424 boats changed hands in France (5052 sailing boats and 3372 power boats), compared to 8278 in 2015 and 6852 ten years earlier in 2006.

    From 2006 to 2016 the second hand market in France has been particularly active: there has never been sold as many second hand boats over 8 meters in France (sail and power) since the beginning of the “crisis”. In other words, since 2006 and with the exception of the year 2010 that knew a little slow down, the sales of the second boats are constant and the sales carried out on the market (sales between private individuals and sales by professionals) largely exceeds the quantity of sales carried our during the “prosperous” years of the boating industry.

  • The decrease in price :
    2016 also confirmed a tendency observed since 2014 : the decrease of the average price of the transactions, this decrease has impacted all of the segments of the market.
    The “offer” of second-hand boats (the number of boats put on sale on the market) has also made strong progress: more boats are sold, but there are also more boats on sale… hence the average selling price has dropped significantly. To sum up, the market is promising for second hand boats (number of transactions realized every year in progress), however the boats on offer that are too expensive, poorly presented or lacking visibility on the market will not sell.
    This price decrease has attracted a large number of foreign buyers, in particular German, English, Scandinavians and Americans. On the other hand the market for new boats has seriously declined: in 2016, only 1510 new boats over 8m (846 power boats and 664 sailing boats) were delivered in France, which represents a decrease of 56.68 % compared to 2008 which was a record year for the sale of new boats (3486 boats).


Sale of second hand sailing boats and power boats over 8 meters in France, from 2006 to 2016

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