Included in the analysis of economic trends in yachting
As usual, the French Nautical Industries Federation, FIN, held a press conference just a few days before the opening of the 2023 autumn boat shows in France. While the statistics presented are good, the yachting industry's employers' association is cautious in its analysis. The 2023 summer season is judged to be good, despite a decline compared to 2021 and 2022, marked by the post-covid boom. The Federation stresses its concern for superyachts and yacht charters, which are in decline, as 4th in Europe, with 18% market share, compared with 33% in 2015.
The industry figures published in the summer were also commented on with restraint by FIN president Jean-Paul Chapeleau: "At this stage, it's difficult to say what's next. 2022 will follow in the wake of the exceptional post-covid years. New boat registrations and transfers in the first half of 2023 are good, but we sense a contraction in the market."
Boat shows are a major focus
At the heart of FIN's strategy, boat shows are the major focus for 2024. The future of Nautic de Paris is becoming clearer on the banks of the Seine in the Hauts de Seine, even if the budgetary framework is still being shaped.
The other major announcement was the conclusion of the takeover of M2O, owner of the international multihull boat show at La Grande Motte, from Philippe Michel and Frédéric Morvant, their founder in 2010. FIN will only take over executive management of the show for the 2025 edition.
Finally, for equipment manufacturers, FIN intends to pursue its development at BtoB trade shows, with a 5th pavilion at METS Trade in Amsterdam and a first French pavilion at IBEX, its Florida counterpart, in Tampa.
