The Spanish leisure marine market is showing signs of stabilisation in 2024 following several years of accelerated growth.
While Spanish boat registrations have increased year-on-year in the first eight months of 2023, many local dealers say the looming economic downturn in Europe could lower the demand for smaller craft. However, demand for mid- and large-sized boats is likely to remain strong.
With the market returning to pre-Covid levels, Spain’s legion of niche builders are still managing to carve out sales
Despite more protracted sales negotiations and rate rises forcing a wait-and-see attitude from some buyers, Spanish dealers are quietly confident 2024 will deliver
Market demand may be heading southward, but Spain’s boatbuilders are optimistic they have the portfolios to carry them through leaner times
As consumers cut spending, Spain’s equipment manufacturers double-down on niche appeal to help sustain momentum
Demand for recreational boats in Spain boomed after the end of strict confinement in 2020, remaining on strong and stable footing for the next two years. In the first half of 2023, however, economic and political uncertainties are thought to have caused a slight slowdown in growth. Jordi Carrasco, general ...
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