NMMA: Wholesale Boat Shipments Rose 17% in 2011

In 2011, wholesale shipments of traditional powerboats were up 17% and corresponding dollars were up 24% for the National Marine Manufacturers Association’s control group of manufacturers, compared with a year earlier, the NMMA said in its monthly economic report.

New powerboat registrations were down 2.5% on a rolling 12-month basis through September, compared with 2011. Advance estimates indicated that sales in bellwether states would be up 4.8% on a rolling 12-month basis through January, the association said.

Recreational boat and marine engine export volumes were up 8% in 2011 and dollars were up 0.6 % from a year earlier. Corresponding import volumes were up 20% and dollars were up 15%, according to the NMMA.

SOURCE: Soundings Trade Only