sail-world.com
 
 
News Home Cruising Photo Gallery Video Gallery

 

Sail-World.com : Welcome Brazil, latest sailing-mad nation

Welcome Brazil, latest sailing-mad nation

'Brazil sailing - an alluring coastline'    .    Click Here to view large photo

Brazil sailing - sales are up -  .. .  
While the traditional prime sailing regions of the US and Europe languish in the mire of struggling economies and sales of high-end yachts have dropped by 70%, new markets are forging upward. Brazil is one of the most significant.

Annual yacht sales in the South American country have grown by an amazing 30% every year since 2008, according to analysts at business and finance media outlet Forbes.

Brazil has always been known to have an elite class of super-rich, but an oil boom and high commodity prices have delivered to Brazil a growing middle class who begin to aspire to such pastimes as sailing and the acquisition of their own yacht

And boom times are nor forecast to slow down any time soon. The population is forecast to triple by 2020, and their exports continue to climb, say the analysts.

Marina da Gloria in Rio, but marinas are dotted along the coastline... -  .. .  
The country has had a varied past, with times of plenty alternating with times of deep need, and there has always been a deep divide between the super-wealthy and those in abject poverty. However, since the end of the last century, a return to democracy and the country's mineral riches ha vehelped to spread the wealth, resulting in the expanding of the middle classes.

All of this is reflected in the growth of yacht sales and a boom in the number of Brazilians who are leisure sailors.

The Italian boat maker Ferretti says their sales in Brazil represented less than 5 percent of global revenue in 2007, but has grown to an expected extraordinary 40% this year.

A new Ferretti shipyard on the outskirts of Sao Paulo is expected to produce 120 yachts per year once it reaches capacity. Ferretti is not the only company looking to Brazil to expand. Other foreign manufacturers are either involved in Brazil already or looking seriously at what they might be missing out if they don't become so.

Brazil sailing - much for the roving sailor to enjoy -  .. .  
Marinas are starting to dot the coastline, and executives are more and more choosing to spend their off-time sailing.

According to Forbes, the number of millionaire households in the nation of 190 million will have increased 230 percent to more than 1 million by 2020. China's figure will rise 91 percent to 2.5 million, Russia's by 221 percent to 1.2 million, and India's by 143 percent to 694,600.

In addition, Giovanni Luigi, CEO of Brazil's largest boat vendor, YachtBrasil, points out that the freshwater boating market is virtually untapped. He says his company projects sales growth of 28 percent this year after racking up $840 million in sales over the past four years.

Good times ahead for Brazil and its (wealthy) sailors.




by Sail-World Cruising round-up

  

Click on the FB Like link to post this story to your FB wall

http://www.sail-world.com/index.cfm?nid=87858

11:36 PM Sun 28 Aug 2011 GMT






Click here for printer friendly version
Click here to send us feedback or comments about this story.


News - USA and the World







Soling North American Championship concludes on Lake Erie by Canadian International Soling Association,






































Starboard Hatteras Wave Jam day 5 by American Windsurfing Tour,


















470 Men and Women Worlds - Champions decided in Santander by International 470 Class Association,




ISAF Sailing Worlds - Caleb Paine through to Finn medal race + video
ISAF Worlds - 49er, 49erFX, Finn and Nacra 17 Rio 2016 spots taken
ISAF Sailing Worlds - 470 Women's medal race images by Thom Touw
ISAF Sailing Worlds, Santander: Scott all set to lift Finn world title
ISAF Sailing Worlds - 470 Men's medal race images by Thom Touw
ISAF Sailing Worlds, Santander - Aussies and Austrians claim 470 gold
ISAF Sailing Worlds, Santander: 470 awards images by Sail-World.com
ISAF Sailing Worlds, Santander - 470 medal race images by Jesus Renedo
Annapolis-to-Newport Race - 'What to Expect' Seminar to take place
Royal Cup Marina Ibiza - No racing on penultimate day
Belcher takes record fifth 470 World Championship
ISAF Sailing World Championships - Santander - Day 8 video highlights
2014 Great Lakes Team Racing Championship about to set off
2014 Etchells North American Championship - Day 1
2014 U.S. Multihull Championship - Day 1
2014 Chicago Match Cup - Repechage top four determined in final flight
J/24 World Championship - 35th anniversary preview
470 Men and Women Worlds - Santander medal race line-up confirmed
ISAF Sailing Worlds, Santander - Day 8 images by Sail-World.com
Royal Cup Marina Ibiza - Quantum Racing stumbles in coastal race
ISAF Sailing Worlds, Santander - Americans ready for 470 medal races   
ISAF Sailing Worlds, Santander: Action ramps up with end zone in sight   
Big Boat Series - It's not the size, it's the length   
ISAF Sailing World Championships Santander - Double French RS:X gold   
ISAF Sailing Worlds, Santander - Day 8 images by Sailing Energy   
ISAF Sailing Worlds - Finn leaders emerge from shifty Santander breeze   
ISAF Sailing Worlds, Santander - RS:X winner images by Barbara Sanchez   
ISAF Sailing Worlds, Santander - Rio 2016 470 spots awarded   
52 Super Series 2015 - Outlook looks hot for the 52 Super Series   
Starboard Hatteras Wave Jam - Another early start on day 4   
ISAF Sailing World - First entry leaves sailor's reputation in tatters   
2014 Chicago Match Cup - Four go through to quarter finals   
470 Men and Women Worlds - Champs take over leaderboard   
ISAF Sailing World Champ - Buckingham finishes with career-best result   
America's Cup: Oracle's Larry Ellison to step down as CEO   
Classic Yacht Regatta - Sonny takes top classic prize   
ISAF Sailing Worlds, Santander - Buckingham finishes with career best   
ISAF Sailing Worlds, Santander - Rio 2016 RS:X spots claimed   
ISAF Sailing Worlds - Leaderboards shaping up in Santander + Video   
ISAF Sailing Worlds, Santander - Giles Scott continues to extend lead   


For this week's complete news stories select    Last 7 Days
   Search All News
For last month's complete news stories select    Last 30 Days
   Archive News







Sail-World.com  


















Switch Default Region to:

Social Media

Asia

Australia

Canada

Europe

New Zealand

United Kingdom


http://www.sail-world.com/event_images/image/Twitter_logo_small.png http://www.sail-world.com/event_images/image/FaceBook-icon.png  http://www.sail-world.com/event_images/image/RSS-Icon.png

United States

Cruising Northern

Cruising Southern

MarineBusiness World

PowerBoat World

FishingBoating World

 

Contact

Commercial

News

Search

Contact Us

Advertisers Information

Submit news/events

Search Stories/Text

Feedback

Advertisers Directory

Newsletter Archive

Photo Gallery

 

Banner Advertising Details

Newsletter Subscribe

Video Gallery

Policies

 

 

 

Privacy Policy

 

 


Cookie Policy

 

 



This site and its contents are © Copyright TetraMedia and/or the original author, photographer etc. All Rights Reserved.  Photographs are copyright by law.  If you wish to use or buy a photograph contact the photographer directly.
XLXL NEW US
LocalAds   DE  ES  FR  IT