Skip to main content

Boat sales in all segments were down again in January


Fiberglass unit volume falls nearly 40 percent; drop was slightly lower in aluminum and PWC

Sales of fiberglass boats, including personal watercraft, fell 39.8 percent on 2,636 units during January, according to early registration numbers compiled by Statistical Surveys Inc.

Fiberglass boats in the popular lengths of 14-30 feet declined 42.1 percent on 1,730 units. South Carolina, New Hampshire and Montana were the only states to post positive growth in this segment.

Aluminum boat sales fell 34.4 percent in January. Unit sales were 1,646 compared to 2,510 in January 2008.

PWC fell 34.8 percent on 488 units, compared to 749 in January 2008. January promotions boosted many states in this segment. States with positive growth included Texas, Louisiana, Idaho, South Carolina, Mississippi, New Hampshire and Washington.

These statistics include data from 30 early-reporting states that represent approximately 61 percent of the national market. Only states that currently provide weekly or monthly information are included in this summary. The Coast Guard-documented vessels file was complete through January.

The sales decline in January was slightly more than double for the same time period last year.

Heavy promotion and manufacturer buybacks from dealer liquidations are going to make preliminary information even more erratic as the channel clears surplus inventory around the country.

Looking at the personal watercraft segment data, Idaho could be a good example of this type of market adjustment taking place.

This article originally appeared in the April 2009 issue.



NMMA: Proposed Speed Rule an ‘Existential Threat’ to Industry

The association is calling on every marine brand, employee and boat owner to file public comment by Oct. 31 over a sweeping regulation to protect North Atlantic right whales.


Axopar and Nimbus Renew Agreement

The boatbuilders have entered an agreement whereby Nimbus Group will retain exclusive rights to sell Axopar boats on the Swedish market.


Hurricane Ian Leaves Devastation in Florida

The storm left a wide swath of destruction, heavily impacting marine interests from Tampa Bay to Marco Island.


Email Is Your Ticket to Holiday Sales

Developing an effective email campaign can bolster sales and help fill winter coffers at your dealership.


NMRA Presents Annual Awards

Edson CEO Will Keene and ComMar Sales president Tim Conroy were recognized for their contributions to the marine industry.


DEALERS: Are Interest Rates Impacting Demand?

This month’s Pulse Report survey asks dealers whether interest rate increases are causing a downturn in boat sales. Take the survey here.


EPropulsion, Mack Boring Partner with Crest

Pontoon builder Crest will use an ePropulsion Navy 3.0 Evo electric outboard motor and an E175 battery for its 2023 Current model.


Beneteau Reports Significant H122 Growth

The company reported that its revenue grew 8.6 percent and income increased by 30 percent during the first half of 2022.