NMMA reports decline in wholesale powerboat shipments - Trade Only Today

NMMA reports decline in wholesale powerboat shipments

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Through the first quarter of 2011, wholesale shipments of powerboats were down 1.2 percent, relatively unchanged from a year earlier, according to the National Marine Manufacturers Association’s Boating News Net monthly economic report.

Advance data indicated that shipments would ebb in April.

The NMMA report also said advance estimates indicated that retail sales of powerboats would be down 12 percent through March. For all of 2010, total new powerboat registrations were down 11 percent.

Recreational boat and marine engine export volumes were up 10 percent in the first quarter of 2011 and the dollar value of those sales was up 8 percent from a year earlier. Corresponding import volumes were up 57 percent; the dollar value of those sales was up 25 percent, according to the NMMA.

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