International Boat Industry – August-September 2019

ibinews.com International Boat Industry | AUGUST–SEPTEMBER 2019 45

NEW ZEALAND

WELLINGTON

COMPILED BY ARLENE SLOAN (Source: NZ Marine)

STATS & FACTS SOUTH AFRICA

CAPE TOWN

KNYSNA WATERFRONT Knysna

KNYSNA YACHT CLUB Knysna

THESEN ISLAND MARINA Knysna

ROYAL CAPE YACHT CLUB Cape Town

V&A WATERFRONT MARINA Cape Town

YACHT CLUBS

& MARINAS

BAYSHORE MARINA Vaal Dam

MANTEN MARINA Vaal Dam

CLUB MYKONOS

Langebaan

PORT OWEN MARINA

Port Owen

YACHT PORT

Saldanha

THE WATER CLUB

Granger Bay

HOUT BAY BOATYARD Hout Bay

HOUT BAY YACHT CLUB Hout Bay

FALSE BAY YACHT CLUB Simonstown

HARBOUR ISLAND

Gordons Bay

ZULULAND YACHT CLUB

Richards Bay

DURBAN MARINA Durban

BLUFF YACHT CLUB East London

BUFFALO RIVER YACHT CLUB East London

MOSSEL BAY YACHT AND BOAT CLUB

Mossel Bay

ROYAL ALFRED MARINA Port Alfred

ALGOA BAY YACHT CLUB Port Elizabeth

PORT ST FRANCIS St Francis Bay

ECONOMIC

0.8% real GDP growth (2018)

0.6% real GDP growth (2019 est)

+3 points (June consumer confidence index)

15% VAT rate

6.5% central bank interest rate

14.5:1 Rand/US$ exchange rate

7,774 BMWs sold Jan-Jun 2019 (+12%)

DEMOGRAPHICS (2018)

35.4 million adults

US$22,190 wealth per adult

+2.6% growth in household wealth (2017-18)

BOATBUILDING PROFILE

2nd largest global producer of catamarans

165 estimated catamaran production (2019)

85% of builders based in the Western Cape

90% of boat production exported

60% of boats produced outside of

Western Cape are sold locally

WEALTH DISTRIBUTION (2018)

10 $500m +

82 $100-500m

146 $50-100m

1,916 $10-50m

3,406 $5-10m

44,721 $1-5m

50,000 total millionaires

(US$ 1 million or more in net wealth)

3,751 km coastline

Source: Credit Suisse

Source: UN Comtrade

Boat export

value (2018)

TOTAL

$143.9m

$4.0m • 3%

Other boats

$6.8m • 5%

Inflatables

$28.5m • 20%

Inboard motorboats

$104.6m • 72%

Sailboats

(including

multihulls)

Boat import

value (2018)

TOTAL

$ 7.7 m

$6.8 • 5%

Inflatables

$4.0m • 3%

Other boats

$104.6m • 72%

Sailboats

$28.5m • 20%

Inboard motorboats

TOP BOAT

EXPORT

PARTNERS

Br. Virgin Isds

USA

Italy

France

Malta

Spain

Australia

Malaysia

Seychelles

Greece

TOP BOAT

IMPORT

PARTNERS

USA

United Kingdom

Mexico

China

Spain

Italy

Namibia

Portugal

Canada

France

Source: UN Comtrade