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

12 May 2026, 14:55 GMT By editorial@africanews.com (Dominic Wabwireh)
South Africa's luxury boat industry turns to Europe as US market weakens
Credit: editorial@africanews.com (Dominic Wabwireh)

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.