Aluminum boat sales are up in April - Trade Only Today

Aluminum boat sales are up in April

Author:
Publish date:

Aluminum boats showed positive growth in April. Thirty-three percent of the early reporting states showed growth in the aluminum segment versus 13 percent of the states showing a jump in the popular fiberglass 14- to 30-foot segment.

Fiberglass boat sales in the 14- to 30-foot segment were down 14percent for the month. Aluminum boats sales were up 2.5 percent and PWC sales increased 10.2 percent in the month.

April fiberglass retail sales continued to decline at a lower rate, while aluminum boat sales and PWC showed increases for the period. These improvements are a welcomed relief from the dramatic contraction during the last few years. It will be interesting to see if the fiberglass side of the business follows the tin market moving through second quarter.

These preliminary statistics include 31 early reporting states that represent approximately 66 percent of the national market. Only states that currently provide weekly or monthly information are included in this summary. Percentage change is presented on a calendar-year basis year-over-year to reflect actual results. The Coast Guard Documented Vessels file was complete for the period.

— Aarn D. Rosen

National marine sales manager, Statistical Surveys

Related

An eBay for yachts?

While there’s no “buy it now” button, organizers of BoathouseAuctions.com say the website provides a new sales channel for brokers.