TEXTILES.ORG
New boat sales dip below pre-pandemic levels
October 19th, 2022
The National Marine Manufacturers Association (NMMA) reports new powerboat sales year-to-date were at 187,000 units through July, down 18% from the same period in 2021. While overall new powerboat sales decreased 11% compared to January through July in pre-pandemic 2019, several categories continue to outpace pre-pandemic YTD sales levels, including new pontoons, wake sport boats […]
Boat wholesale deliveries picking up to meet consumer demand
March 30th, 2022
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 […]
Data shows boat sales strong in 2021, continued momentum expected in 2022
January 20th, 2022
Data reported by the National Marine Manufacturers Association (NMMA) show that new powerboat retail unit sales are expected to surpass 300,000 units for the second consecutive year, closing 2021 an estimated 4 to 6 percent below record highs in 2020 and 7 percent above the five-year sales average. Amid heightened demand for new boats, boat […]
New powerboat sales stay strong through May
August 3rd, 2021
The National Marine Manufacturers Association (NMMA) reports new boat sales remained healthy through May, according to the latest New Powerboat Registration Report. Data shows retail unit sales of new powerboats were up 24 percent on a rolling 12-month (R12M) year-over-year (YOY) basis through May, reflecting the continued interest and demand for boating over the past […]
New boat sales remain elevated in 2021
May 7th, 2021
The National Marine Manufacturers Association (NMMA) reports that retail unit sales of new powerboats in February 2021 were up 34% compared to the same time period last year, according to its New Powerboat Registrations Report. Data shows total new boat sales are averaging 31,000 units sold monthly since the summer of 2020, on a seasonally-adjusted […]
2020 was record year for Canadian outboard engine sales
March 12th, 2021
2020 was a record-breaking year in Canada for outboard engine retail sales as Canadians took to the water in unprecedented numbers, according to data from the National Marine Manufacturers Association (NMMA) Canada. Outboard engine retail sales in 2020 reached a total of 44,000 units, up 17% over 2019, marking both the highest annual sales volume […]
Boat builders face hurdles filling backorders
March 11th, 2021
According to the National Marine Manufacturers Association (NMMA) December Monthly Shipment Report, wholesale shipments of new powerboats during December gained momentum compared to November to close out 2020 down 15% for the year compared to 2019. The report notes that manufacturing of personal watercraft, outboard boats, jet boats and sterndrive boats ramped up in December, […]
Nearly 320,000 new boats sold in 2020
March 5th, 2021
The National Marine Manufacturers Association (NMMA) December New Powerboat Registrations Report shows that retail unit sales of new boats reached nearly 320,000 units in 2020, up 13% compared to 2019—levels the recreational boating industry hasn’t seen since 2008. New data show all powerboat segments saw growth in 2020, ranging between 8% and 22%. “New boat […]
Minnesota boat builders busy with surging interest
February 19th, 2021
A recent Minnesota StarTribune newspaper article reports that major boat manufacturers in Minnesota are scrambling to expand their payrolls in response to surging demand for leisure boats during the pandemic. According to the article, Brunswick's production facility in New York Mills, Minn., where Lund and Crestliner boats are built, has added 114 positions in the […]
Wholesale boat shipments ease in November
January 28th, 2021
The National Marine Manufacturers Association (NMMA) reports new boat manufacturing activity in November was up 3 percent year over year, and down 18 percent compared to October on a seasonally-adjusted basis, according to the November Monthly Shipment Report (MSR). While wholesale boat shipments slowed in November, this was primarily driven by a pullback in shipments […]