The National Marine Manufacturers Association (NMMA) Monthly Shipment Report (MSR) has been updated through January, which shows wholesale shipments of new boats increased 6.1 percent in January 2022, compared to January 2021, and total wholesale boat, engine, and trailer deliveries were up 1.6 percent year over year.
“Marine manufacturing continued its uptick in January as manufacturers refill pipelines following unprecedented demand throughout 2021. At the same time, we continue to see constraints across the supply chain with some areas easing while others exacerbate, putting pressure on the industry overall,” said NMMA President Frank Hugelmeyer in a statement. “Despite supply chain headwinds, we anticipate the current trajectory of boat, engine and trailer deliveries to continue in the coming months as the industry works to balance inventory levels.”
Additional insights from January’s MSR include:
- Wholesale deliveries of boats, engines and trailers in 2021 were up 19.6 percent year over year.
- Driving growth of wholesale shipments in January 2022 were personal watercraft (PWC) deliveries, up 38.3 percent from January 2021, and boat trailer shipments, up 37.4 percent year over year.