April New Powerboat Registrations Report Available, Registrations Up 5 Percent
NMMA’s New Powerboat Registrations Report has been updated through April 2017, and advance data show new powerboat registrations were up 5 percent year-over-year (YOY) for the rolling twelve-month (R12M) period through April. Highlights from the report include:
- Nearly all segments were up through April (R12M YOY). Growth in registrations was led by the following segments: saltwater fishing boats (9.6 percent), jet boats (9.3 percent), personal watercraft (8.6 percent), tow boats (6.9 percent) and pontoons (6.9 percent).
- Outboard boats, which represent 65 percent of total new powerboat sales, were up 4.5 percent in registrations.
- Larger boats (27’ and greater), were up 8.9 percent through April (R12M YOY).
For complete data by boat type, hull material, propulsion, and size going back five years, please see the full report. Monthly Shipment Report control group members and subscribers get free access. Contact Vicky Yu, Director of Industry Statistics and Research, at [email protected] with questions.