South Africa's luxury boat industry turns to Europe as US market weakens

South Africa's luxury boat industry turns to Europe as US market weakens

South Africa’s world‑renowned luxury catamaran sector — a $298‑million industry exporting 90% of its boats — is battling a sharp downturn as fluctuating U.S. tariffs unsettle its biggest market and force builders to seek new horizons.

READ MORE : http://www.africanews.com/2026/05/12/cape-towns-boat-industry-turns-to-europe-as-us-market-weakens

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