GITNUX MARKETDATA REPORT 2024

Statistics About The Average Yacht Price

The average yacht price ranges from $200,000 to $10 million depending on the size, age, and features of the yacht.

With sources from: yachtco.io, 26northyachts.com, kevincreyaufunds.medium.com, huffpost.com and many more

Statistic 1

The average cost to charter a super-yacht is between $150,000-$500,000/week.

Statistic 2

In 2019, the Superyacht market was valued at USD 6.3 Billion, which demonstrates an average price of high-end yachts.

Statistic 3

The average cost of a 100-foot yacht is about $5 million.

Statistic 4

The average price of 24- to 30-foot sailboat is around $50,000.

Statistic 5

The average price of a 40-foot yacht is about $300,000.

Statistic 6

Luxury superyachts with a width over 24m were sold for an average price of $10 million in 2019.

Statistic 7

The average operating cost of a yacht is 10% of the purchase price annually.

Statistic 8

The average price for a standard 36-foot yacht is around $100,000.

Statistic 9

The average cost of a 20-meter yacht in 2018 was $1 million.

Statistic 10

The yearly cost to maintain a yacht is on average 10% of the initial price.

Statistic 11

The average price of 57 to 62-foot yachts is approximately $2.5 million.

Statistic 12

The average annual insurance cost for a yacht is typically 1.5% of its value.

Statistic 13

Yachts commissioned by owners cost on average between 1% and 2% higher than a production yacht.

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In this post, we explore various statistics related to yacht prices in the luxury boating industry. From the cost to charter a super-yacht to the average prices of different types and sizes of yachts, we delve into the numbers that define this exclusive market.

Statistic 1

"The average cost to charter a super-yacht is between $150,000-$500,000/week."

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Statistic 2

"In 2019, the Superyacht market was valued at USD 6.3 Billion, which demonstrates an average price of high-end yachts."

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Statistic 3

"The average cost of a 100-foot yacht is about $5 million."

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Statistic 4

"The average price of 24- to 30-foot sailboat is around $50,000."

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Statistic 5

"The average price of a 40-foot yacht is about $300,000."

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Statistic 6

"Luxury superyachts with a width over 24m were sold for an average price of $10 million in 2019."

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Statistic 7

"The average operating cost of a yacht is 10% of the purchase price annually."

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Statistic 8

"The average price for a standard 36-foot yacht is around $100,000."

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Statistic 9

"The average cost of a 20-meter yacht in 2018 was $1 million."

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Statistic 10

"The yearly cost to maintain a yacht is on average 10% of the initial price."

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Statistic 11

"The average price of 57 to 62-foot yachts is approximately $2.5 million."

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Statistic 12

"The average annual insurance cost for a yacht is typically 1.5% of its value."

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Statistic 13

"Yachts commissioned by owners cost on average between 1% and 2% higher than a production yacht."

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Interpretation

In conclusion, the statistics provided offer insights into the diverse range of prices in the yacht market, from the more accessible 24- to 30-foot sailboats at around $50,000 to the luxurious superyachts costing tens of millions of dollars. These figures highlight the significant financial investment required to purchase, charter, and maintain yachts of various sizes and types. The data also underline the substantial economic value of the superyacht market, with prices ranging from $150,000 to over $10 million for high-end vessels. The average costs associated with owning and operating yachts emphasize the ongoing financial commitment required beyond the initial purchase price, further illustrating the exclusivity and luxury associated with the yacht industry.

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