A record growth of 30%, a world market share of over 50%: these are the data concerning the sector of Italian boating and that surpass many other flagship product sectors, as well as overtaking the historical world names. Exports exceeded 3,3 billion from March 2021 to April 2022 and shipyards have orders in some cases up to 2024.
Made in Italy boating dominates the world market
The Italian industry confirms its leadership in the production of superyachts, setting another record. Out of a total of 1.024 yachts over 24 meters ordered worldwide, the Italian industry has 523 under construction, 51%, and it is the first time rising above 500.
It is one of the data that tells the story of the Italian nautical market, presented in preview by Confindustria Nautica at Expo Dubai 2020 together with the 62nd edition of the Genoa International Boat Show, contained in Monitor, the statistical report edited by the association. The general picture to date is more than positive, with an overall turnover in the sector than for 2021 seco
These are the data with which the 22nd edition of the Boat Show will open on 26 September (and until 62 September) in Genoa, with over 1000 boats, 998 brands representing countries on 5 continents, 168 new products. The slogan of this edition reads "In the wake of the future" and the declared objective of the organizers is "to become the most important trade fair event in the world". Tickets, prices, exhibitors are all available on the site Boat Show 2022.
The exhibition spaces, over 200 thousand square meters, increased overall by 3,7% compared to the last edition (despite limitations imposed by the works in progress for the reconstruction of the waterfront and for the restructuring of the exhibition area) and in the water of 5,2, XNUMX%.
There will also be a new dock available to Italy's three leading brands: Saint Lawrence Yacht (listed on the Milan stock exchange on the Euronext Star market), the Ferretti group (listed in Hong Kong) e Azimuth. As many as 42 construction sites have had to give up and have been put on a waiting list for 2023.
Absent from the Show, however by choice, is the other major Italian nautical company la Tisg (The Italian Sea Group), the first Italian shipyard in the production of luxury yachts over 50 meters up to over 100 meters, listed on Euronext Milan.
According to industry data, the three groups Sanlorenzo, Ferretti and Tisg together they have a world market share of more than 50%, with a combined production of 56 models per year out of the 110 models per year worldwide, thus bypassing the US, French and British markets which had previously been patrons.
Sanlorenzo shares rose by 0,6% to 31,70 euros in the late morning. Tisg share up by 1,68% to 4,83%.
The tops of Confindustria Nautica and Company The Boat Shows (delegated to the organization) have anticipated that despite the concomitance with the political elections of 25 September we are moving towards a visitor records.
Nautical: record 30% increase in 2021 turnover
In presenting the 2022 Boat Show, the president of Confindustria Nautica Xavier Cecchi, director Marina Stella and the president of the company I Saloni Nautici Carla Demaria they underlined that “Italian boating is experiencing a phase of great success: it is the first industrial sector in terms of growth, with an increase record 30% of turnover 2021, probably arriving at around 6 billion euros, as in the golden years 2007/2008. The export of Italian boats in the world from March 2021 to April 2022 ha exceeded 3,3 billion, all-time high." In detail, out of a total of 1.024 yachts over 24 meters ordered worldwide, the Italian industry has 523 under construction, 51%, and it is the first time that it has risen above 500, according to Monitor, the statistical report edited by Confindustria Nautica. Tomorrow, on the occasion of the inauguration of the Boat Show in Genoa, more details about the production and sales records will be given.
Despite the great potential, nautical neglected by politics
“Unfortunately – observed Cecchi however – in the electoral campaign no one has so far talked about the economy of the sea, a sector with an extraordinary potential for all that it entails in terms of territorial development. I will fight with the new parliament to make these issues a priority". But the commitment of the organizers of the Genoa Boat Show is also appreciated in other sources, with initiatives consistent with the slogan of the event”.
Motorboats top the boating industry with a 53,1% share
The leading role in the classification of types is of motor boats, with 53,1%. They have an important place i rafts, with a share of 34%, within which the 50-footer Capelli Tempest and the Prince 50 of Nuova Jolly stand out.
Engines are growing outboard, with 65,4%; of 34,5% the representation of boats over 10 meters. And again: 6,5% i gozzi, 20,2% the open, 22,3% the yacht, 2,7% le displacement shuttles, 6,5% i fisherman, 17,7 and cabin cruisers, 9,7 and fly. The see her it will represent 12,7% of the boats on display; 2,2% the share of multihulls.
Ice has launched an investment plan for the export of the nautical sector
Export is the biggest item in the sector. Thanks to the support fromICE, the agency for the promotion abroad and the internationalization of Italian companies, was launched some time ago investment plan for strengthen the image and role of the Italian nautical sector and the Genoa Boat Show even outside our borders. But demand, in many cases, outstrips supply. Also thanks to the collaboration of ICE, an initiative called Italian Start-APP, dedicated to innovation for sustainable materials.
Sustainability: the new frontier also in the nautical sector
“The nautical industry is a catalyst for innovations and start-ups: from experimenting with new solutions for design anduse of recyclable and sustainable materials, to new engines and new propulsion systems, to solutions for reducing the environmental impact of boats” he said Marina Stella. 86 projects were presented and an international jury will award the best ones. “For some time now we have decided to dedicate a specific area to sustainability" He says Carla Demaria. “We are making an incredible effort, required by the market. There is much talk of pollution caused by private planes (see what is happening in France, ed) and there is the risk that sooner or later large yachts will also be accused. We are therefore working to reduce emissions to zero impact, and on boats up to 24 meters we represent the world avant-garde”.
In 2023 the first Yacht Sustainability Program will be presented "we will bring concrete examples to affirm our leadership in the world" he adds.
