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Fraser: Tempering optimism
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Fraser CEO Anders Kurtén points out that some positive indications can be gleaned from how yacht sizes and prices have shown signs of increasing in the past 12 months.
Anders Kurtén, CEO, Fraser
In Fraser’s penultimate column for Yacht Style in 2024, CEO Anders Kurtén revealed that the superyacht industry was approaching the latter stages of the year “with cautious optimism”.
“Taking into account the year to date, the total combined asking price of all yachts sold in 2024 is the second-highest of the last 15 years, indicating a healthy and active market,” Kurtén wrote.
“The top five most popular brands in the pre-owned yacht market are primarily Italian. Not only are these brands leading the market in 2024, but more units were sold this year compared to last year, with clients showing a preference for newer yachts.
“While sales of entry-level yachts from 24-30m have slowed in the current geopolitical climate, we are seeing a strong performance in the 30-50m sector, accounting for 45 per cent of sales over the last two years.”
