Boat sales show improvement in May

Posted on Written by Jack Atzinger

btnSales of recreational boats ended three months of declines in May, enabling the industry to avoid the disappointment of a spring selling season that did not include a single month of industrywide gains.

Aluminum fishing boats and pontoons led the charge as sales in the industry’s main powerboat segments rose 7.1 percent, to 11,661, from the same month a year earlier in 25 early reporting states that comprise 59 percent of the national market, Statistical Surveys Inc. reported.

Industrywide, sales rose a modest 1.6 percent, to 18,346 boats.

“It’s nice to see the positive numbers,” Statistical Surveys national marine sales manager Ryan Kloppe says. “Certainly [improved] weather was a factor and consumer confidence continues to tick upward.”

Although May formally ends the industry’s spring selling season, Kloppe says this is an unusual year for the industry because poor weather in the early part of the season likely delayed sales that are occurring now.

“I think there is a little momentum and I’m pretty optimistic that we’ll see another month of sales gains in June,” he says.

Sales of pontoons climbed 17.6 percent, or 606 boats, to 4,050, and fishing-boat sales rose 9 percent, or 226, to 2,747, as two of the strongest categories during the industry’s rebound from the Great Recession regained their momentum.

Sales of 11- to 40-foot outboards gained 4.5 percent, or 140 boats, to 3,273, but the 14- to 30-foot inboard and sterndrive category saw sales fall 13.6 percent, or 216 boats, to 1,370.

Broadly speaking, sales of the smallest and largest vessels in the main powerboat segments rose and sales of mid-size boats fell.

Sales of 41- to 62-foot yachts increased by 17, to 87, and sales of 63- to 99-foot custom and semicustom yachts rose by eight to 21. The 31- to 40-foot cruiser category showed a decline of nine boats at 113.

Sales of jetboats continued to tumble, falling 38.1 percent, or 188, to 305, and sales of PWC were also lower, dropping 6.1 percent, or 239 units, to 3,697. Ski-boat sales bucked the trend, gaining 11.4 percent, or 61 boats, to 598.

Sailboat sales, which had risen in recent months, slipped by five, to 234.

This article originally appeared in the August 2013 issue.

Welcome to TradeOnlyToday’s premium content! To continue reading, please register now, for access to 10 free stories per month. Or subscribe, for unlimited access to all TradeOnlyToday content!

Click here to Register ... it's free!

Basic subscription: Registered members get free access to 10 premium content stories each month!

Not a member yet? Click here to Register!

Already a member? Click here to Login!

Subscribe ... for unlimited access!

Individual subscription: $29 for unlimited site access for one year.

Small Business subscription: $140 for unlimited site access for up to 10 members of a company for one year.

Corporate subscription: $300 for unlimited site access for all members of a company for one year.

You may close this dialog after seconds.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Comments are moderated and generally will be posted if they are on-topic and not abusive. For more information, please see our Comments Policy.

Vote Today

Will you be attending IBEX and the Fort Lauderdale International Boat Show?

View Results

Loading ... Loading ...

Search Boats for Sale

Length
Year
Price

Login to Trade Only Today

Lost Password