NewsEconomicsNautica, 2021 record year: turnover + 31.1% to 6.1...

Nautica, 2021 record year: turnover + 31.1% to 6.1 billion

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The new edition of Nautica in Cifre – Log, the statistical yearbook created by the Confindustria Nautica Research Office in partnership with the Edison Foundation, was presented at the 62nd Genoa International Boat Show as part of the Boating Economic Forecast conference. which boasts the patronage of the Ministry of Sustainable Infrastructures and Mobility. The appointment was opened by the greetings of Andrea Razeto, Vice President of Confindustria Nautica, of Carlo Maria Ferro, President of Ice Agenzia and Andrea Benveduti, Councilor for Economic Development of the Liguria Region. From the presentation it emerges that 2021 for the Italian nautical industry proved to be the year with the best increase in turnover ever and how the nautical year just ended has ensured solid prospects also for 2022, consolidating structural growth. Considering the economic-political scenarios we are going through – with strong criticalities in terms of the supply of components, unpredictable fluctuations in prices and the availability of raw materials and an increasingly evident scarcity of skilled labor – this is an exceptional result for our businesses. The numbers are clear: the global turnover of the sector went from 4.6 billion in 2020 to 6.1 billion in 2021. The increase compared to the previous year was + 31.1%: an extraordinary figure that allows not only to compensate for the slight decrease recorded in 2020, but to bring the turnover of the sector to levels almost similar to those of the record two-year period of 2007-2008. Among the determining factors that fueled the growth we must include the exploit of exports of shipbuilding production, which in the rolling year ending in March 2022 reached an all-time high of 3.37 billion euros, with the USA as the leading market in absolute for our yards (485 million euros, equal to a share of 16.4%). Other determining factors are the order books of the Italian yacht and superyacht shipyards, which for many operators even cover the next three years, and the excellent performance of the nautical accessories and marine engines sectors. Carlo Maria Ferro, President of the ICE Agency stated: “Italian boating is highly appreciated abroad for its ability to combine the excellence of Made in Italy in mechanics, technology, design, furniture and components. . All of this answers the question of why the numbers in the sector are so positive: because when demand restarts, people buy the best product. Export data confirm this: in 2020 exports grew despite everything, in 2021 it increased by 34% and, in the first six months of 2022, it grew by another 72%. We are satisfied with Italian exports and we are very satisfied with pleasure boating exports ”. “Pleasure boating, thanks to the daily commitment of our passionate entrepreneurs, is therefore consolidated as a flagship of Made in Italy and a true excellence on a global level – said Stefano Pagani Isnardi, Head of Studies at Confindustria Nautica – . In Confindustria Nautica we work accordingly to give impetus to its development and to affirm its success in the world ”. The total number of employees rose to 26,350, further strengthening the positive employment trend (+ 9.7% compared to the previous year) which characterized all sectors of the sector across the board, with a particular incidence in the construction of new units (+ 14.7%) in which almost half of the total employees in the sector are employed (14,710). The contribution of the nautical sector to the national GDP was over 5.1 billion euros in 2021, with a strong increase (+ 31.4%) compared to the 2020 figure. The weight of the contribution of boating to GDP in relation to GDP national growth, going from 2.37 ‰ in 2020 to 2.89 ‰ in 2021, reflecting the expansionary phase of the sector. As highlighted by Marco Fortis, Director and Vice-President of the Edison Foundation, “Pleasure and sports boats” are also among the sectors that have recorded the greatest growth in exports since the beginning of the new millennium: considering only the manufacturing sectors most relevant for the Italian trade balance, ie those with a trade surplus of more than 2 billion euros in 2021, the sector of “Pleasure and sports boats” is in fact in tenth place for growth in exports; in particular, the sector’s exports went from 850 million euros in 2000 to 3 billion in 2021, recording growth of 2.1 billion in absolute value and 247.6% in percentage terms. The overall exports of “Pleasure and sports boats” in 2021 showed a considerable resilience of the sector with respect to the negative economic effects triggered by the global pandemic of Covid-19 and amounted to over 2.9 billion euros, an increase of 40 , 4% compared to the 2020 figure. Non-European countries are confirmed as the main destination for Italian sales across the border: direct exports to non-EU markets amounted to 2.2 billion euros, corresponding to 74.6% of Italian exports in the sector (compared to 64.3% in 2020), while that directed to the 27 EU countries amounts to 750.4 million euros, equal to 25.4% (35.7% in 2020). Finally, the new edition of LOG reports the data relating to the main territorial productive poles of Italian boating: in the first place of the ranking, drawn up by value of the turnover, we find the “productive pole of the Upper Mediterranean” (provinces of Genoa, La Spezia, Massa-Carrara, Lucca, Pisa and Livorno), which excels over the other 4 territorial poles for all the quantities considered. In this district there are 36.7% of the workers in the sector and a good 54.4% of the turnover. The “Adriatic production center” follows (provinces of Ravenna, Forlì-Cesena, Rimini, Pesaro-Urbino and Ancona), with 12.3% of the total companies in the sector and a turnover equal to 23.3% of the overall turnover of the sector. . Lombardy represents 11.8% of the national employees in the sector and 9.6% of the total turnover. “The Italian pleasure boating sector – concluded Fortis – brings together all the characteristics of a business in the modern sense. That is, we have a perfect mix of technology, design, furnishings, components; the productions are made by medium-large enterprises that are leaders in their purchases, organized in districts. All typical characteristics of made in Italy “. As part of the conference, the preview of the data from the “Geographies of the Italian nautical supply chain” was presented, the publication commissioned from the Symbola Foundation by the Mare Nostrum Network (composed of Confindustria Nautica and the Confindustria Genova service companies , Confindustria Toscana and Confindustria Ancona) which will be presented at the end of the year in a dedicated event. “The nautical system represents one of the most dynamic segments of the economy – declared Domenico Sturabotti, director of the Symbola Foundation – as well as a world reference in the production of yachts and pleasure boats. A leadership built also thanks to a first-rate production network, distributed throughout the national territory, which operates upstream and downstream of the supply chain. In the two-year period 2019-2021, as emerges in the Report produced by the Symbola Foundation, the companies in the nautical system increased their added value at current prices by + 7.8% (with segments such as shipbuilding which saw an increase of +27.9 %) against -1.3% of the total economy and -0.2% of the made in Italy, the so-called “4A” of Food, Clothing, Furniture and Automation. Employment also recorded positive results, witnessed by growth for the entire supply chain of + 3.2% (+ 10.3% for shipbuilding production). Behind these results the ability to create a system both nationally and territorially and the strong investment in quality, competence, innovation and sustainability “. Furthermore, the data relating to the multipliers of the pleasure boating sector – 9.2 for employment and 7.5 for added value – are very interesting, which are the highest among the economies of the sea. On the occasion of the conference, Andrea Benveduti, Councilor for Economic Development of the Liguria Region recalled how “The Blue Economy is a strategic pillar for our region. Occasions like this are a showcase, not only for the nautical world, but an opportunity for the entire regional economic development to showcase the richness of our territory. This 62nd edition shows growing numbers, which bring us back to the pre-Covid period and which are a good omen in view of the coming years, when, with Waterfront di Levante concluded, we could even more touch the development opportunities that this will offer. sector”.

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