Powerboat Sales Continue On Strong Through 2021
Powerboat Sales Continue On Strong Through 2021
According to the most recent New Powerboat Registrations Report, the NMMA has reported new powerboat sales are remaining strong throughout 2021. On a rolling 12-month, year-over-year basis, the data shows that retail unit sales were up 32 percent through April. This trend reflects the surge in demand and sales that the marine industry has seen throughout the past year.
“Boating is in demand, and retail unit sales remain elevated coming off of 2020’s record year even as month-to-month sales momentum moderated in April as a result of continued supply shortages; limiting dealers’ ability to restock inventory,” said Vicky Yu, NMMA senior director of business intelligence.
Inventory and Shipment Levels Are Down
As boating manufacturers continue to work around the clock, wholesale shipments of new boats were down, according to NMMA’s Monthly Shipment Report. “Manufacturers are working around the clock to replenish inventory levels and have shipments currently trending around 10 percent below 2019 levels. Remarkable, given the significant supply chain constraints they are facing, but challenging to meet today’s heightened demand. “ stated Yu.
GYS Observes Significant Growth For Represented Brands
-
- Viking 64 C
-
- Princess F55
-
- Maritimo S600
However, we are observing significant growth for the Manufacturers we represent. Viking Yachts is offering many models for sale within the year and recently released a new model— the 64 Convertible. As for Princess Yachts, they have an array of models coming soon. Plus, we have a stock 2022 F55 available in January. Prestige Yachts also has a large selection of in-stock models immediately available or coming soon; likewise we have adequate inventory available within the year by Cruisers Yachts. Meanwhile, Maritimo continues to influence the marine industry with their new offshore series models— the M600 and recently released S600. You can view our complete list of available inventory from all of our brands below.
Cited: NMMA
