The National Marine Manufacturers Association Canada (NMMA Canada) has released the complete edition of its 2016 Canadian Recreational Boating Statistical Abstract, revealing a comparatively flat market with a 0.3% year-over-year increase in unit volumes and a 10.2% jump in corresponding retail dollars.
Bright lights in the association’s annual report include gains in sales volumes for sterndrive-powered boats (up 1.3%), inboard-powered cruisers (up 5.3%) inflatable boats (up 20.4%) and personal watercraft (up 21.5%).
Sales declines were evidenced in outboard-powered boats (down 6.3%), tow boats (down 14.5%), sport jet boats (down 3%) and other jet boats (down 2.5%). New sailboat unit sales also declined, by 14.1% year-over-year, along with sales of all pre-owned boats (down 0.8%).
New outboard engine sales were reported to be up by 3.5% compared to 2015, with corresponding retail dollars up by 3.1%.
“Recreational boating continues to remain a significant part of the Canadian economy and pastime for thousands of Canadians,” said NMMA Canada executive director Sara Anghel. “The Abstract provides key insights to help stakeholders understand the state of our industry and annually assess the Canadian recreational boating market.”
While exports of Canadian-made engines doubled in 2016 to a figure of $16.4m, a 104% increase, overall exports of boats and motors were down by 43.8% due primarily to a significant decrease in exports of smaller inboard-powered boats to buyers in Europe, Asia/Australia and the Middle East.
Boat imports into Canada totaled $685.8m in 2016, down 0.1% compared to 2015.
The Statistical Abstract is made available at no cost to NMMA members, and is available for purchase by non-members through the organisation’s website.