50 ITALIAN EXHIBITORS AT DIBS 2022

With 24,000 direct employees in the Italian leisure marine industry (180,000 considering the whole supply chain), the sector is one of Italy’s largest employers with a highly-skilled workforce.

The Italian Trade Agency, in collaboration with the Embassy of Italy in the UAE, the Consulate General in Dubai and the Italian Marine Industry Association (UCINA), is hosting 50 Italian companies at the upcoming Dubai International Boat Show. With three times the number of Italian companies participating compared to the last edition (2019), it’s a strong indicator of how the country’s sector has remained stable during the uncertainties around the pandemic. Italian expertise on offer during the event will include harbor and boat designers and boat equipment.

Last year, the Italian marine industry grew by 23.8% (5% swing). This followed five years of consecutive double-digit growth from 2015 to 2020. Current predictions indicate that 2022 will see this growth trajectory continuing, with Italy remaining in its ranking as first in Europe and second in the world, behind only the United States. To ensure further development, Italy is focusing on investment in innovation and sustainability in the sector. The industry’s production value is forecast to grow at a CAGR of 4.2% until 2025.

The Italian shipbuilding and nautical industry encapsulates the Made In Italy quality that is renowned globally, resulting in 86% of the national boat manufacturing turnover being exported.  Exports to the UAE of Italian nautical products (motorised and sailing yachts and boats, water skiing, surfing and water sports equipment, propellers) increased by +465% to Euro 67.5 million.

To discuss about the latest trends in the nautical sector, on March 11th the Italian Trade Agency will gather local and Italian experts on stage at the Italy Pavilion at Expo 2020 for the Innovation Talk “Between innovation and beauty: the trends in the nautical sector”. To book your seat to the event, email to: p.maggiori.contr@ice.it  

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