The number of workers employed in the industry has increased by 1% to 5,155.
Britain’s superyacht industry has recorded its seventh year of consecutive growth, new figures show.
Revenues rose to £660 million in 2018/19, an increase of 7.1% on the previous year.
The number of workers employed in the industry increased by 1% to 5,155, with 45 new yachts built, one fewer than the previous year.
Two-thirds of UK superyacht revenue comes from exports, with the United States and Eurozone accounting for half the UK export market.
The US took 41% of exports, having grown from 34% in 2018.
Alan Jones is PA Industrial Correspondent.
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