Superyacht Full Year Review 2022

Using VesselsValue data, Rory Jackson, Head of Superyachts, summarises the key trends of the Superyacht market in 2022. This article looks into the sector's liquidity, sales and values, supply and deliveries, demand utilisation, and sector breakdowns by vessel age. Read the full piece here.

"During the periods of economic downturn, the 24-30m market showed the earliest signs of decreasing activity in 2022. Due to the relative financial instability of buyers that ordinarily purchase in this sector, they are usually responsive to both negative and positive economic change compared to those purchasing vessels over 60m..."  Read more.

"The percentage decrease in total sales value was less than the percentage decrease in number of total sales, which is indicative of an industry that has increased in price on average and maintained a high level of demand. The total value of Superyacht assets sold in 2022 is USD 4,528.2 mil compared to USD 6,105.9 mil in 2021..."  Read more.

"It is accepted that the Superyacht market is finite, and we can see that the boom experienced was not set to last. Seeing the market cool in 2022 suggests firstly that there is less quality capacity left in the market than in 2021.  Secondly, the slowing down of activity may be a by product of prices increasing for those vessels that were still available..."  Read more.

The above graph includes all sales, including those of new build projects that have been sold on the brokerage market ahead of delivery.

VesselsValue data as of end January 2023.

About VesselsValue

VesselsValue Ltd. (VV) is a leading online valuation and market intelligence provider for the Aviation and Maritime industries. VV went live in 2011 and has 2,500 users and works with over 600 global companies including major banks, leasing companies, shipowners, investment funds, hedge funds, lawyers, advisors and government regulators. The company has nine offices globally including London, Singapore, Shanghai, Hong Kong, and Oslo, with over 230 employees.
VesselsValue’s mission is to bring transparency and objectivity to the Aviation and Maritime markets through a wide range of services. Data and market insights are available through online access, reports, API feeds and exports, including automated values, transactions and fleet data, as well as AIS and ADS-B derived mapping & tracking, demand, utilisation and trade and people flows.

Visit www.vesselsvalue.com for more information.

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