2023 U.S. Statistical Abstract: Powerboat Sales Trends report now available

NMMA's 2023 U.S. Recreational Boating Statistical Abstract © National Marine Manufacturers Association

The Powerboat Sales Trends report, part of NMMA's 2023 U.S. Recreational Boating Statistical Abstract, is now available. The U.S. new powerboat market saw a downturn last year due to broader economic pressures and shifting consumer preferences.

Total new powerboat unit sales declined 6.8% to 176,643 units in 2023. Notably, new jet boat sales saw a 44.3% increase in unit sales, particularly in Florida, Texas and California, driven by strong demand for fiberglass models.

The U.S. Recreational Boating Statistical Abstract is a comprehensive summary of statistics on the recreational boating industry in the United States, providing a universal data source with a historical look at many industry sectors and detailed trends analysis. This report presents detailed data for boat registrations, boat engine and accessory sales, expenditures, and the retail and pre-owned markets. It also features an in-depth look at the import and export marketplace focusing on product categories, trade partners and regional analysis.

Continue reading the full article here...