More IBI Market News – Page 7
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Marginal gains for Russian marine market, but appetite for sail growing
Local yacht dealers and industry analysts are expecting modest growth at best for the Russian leisure marine sector in 2019, most likely achieving no more than 1% in value terms compared to 2018.
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NewsUS study reveals economic impact of water-based tourism could be greater than first thought
New data from the Michigan Port Collaborative estimate boating to represent US$15.4bn in direct consumer spending
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NMMA Canada to release initial 2018 Statistical Abstract sections on May 10
New data expected to clarify impacts of retaliatory tariffs on boat imports, sales
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US powerboat registrations up through February
Tow boats and PWC registrations lead the pack while larger boats make solid gains
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Finnish industry forecasting buoyant summer
Early onset of spring and last year’s warm boating season two underlying factors behind surge in market
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Croatia risks shift in yacht tourism to Greece and Turkey as fees rise
Country watching to see if higher prices and fees are sending yachters to new locations
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Western Australia and Northern Territories vie for superyacht work
The success of superyachts cruising to the Kimberley area of northwest Australia is seeing an inter-state challenge develop between Western Australia (WA) and the Northern Territories (NT) to win the support and related opportunities of these visiting yachts.
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Spanish recreational craft market posts best Q1 results in three years
Boat registrations up to 52ft make significant gains
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Brexit brings growth to UK boating tourism
A new study reveals that boating tourism contributed over £6 billion to the UK economy in 2018
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Monaco strengthens Asia-Pacific marine links
Two new partnerships have recently been agreed which strengthen the leisure marine sector links between Monaco and the Asia-Pacific region.
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US wholesale shipments remain strong, small outboards falter
PWCs and larger outboards the big winners
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US outboard engine sales reached a 12-year high in 2018
NMMA has released the first section of its annual statistical abstract detailing trends in the dynamic outboard segment
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Norwegian boat imports continue to grow
The Norwegian market for pleasure boats is back with strong figures, according to trade organisation Norboat.
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UK boating sector reports seventh consecutive year of growth
New figures from UK industry association British Marine show that the country’s boating sector grew for the seventh consecutive year in 2018, with total revenues up by 1.7% to £3.17bn.
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Dutch boating sector up 4.8% in 2018; industry upbeat about 2019
Citing a long hot summer, HISWA Holland Marine says the Dutch boating sector’s 2018 turnover rose by 4.8% over the previous year. Rentals led the pack with a 10% turnover rise, followed by 7% growth for new-boat sales.
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US wholesale powerboat shipments up in 2018
2018 closed as the ninth consecutive year of growth for the US boating industry, according to the latest statistics from the National Marine Manufacturers Association (NMMA).
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US powerboat registrations up in 2018
2018 saw a 4.2% increase in new powerboat registration in the US, according to data released by the National Marine Manufacturers Association (NMMA).
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Finnboat reports boom in domestic boat sales
Finnish marine federation Finnboat today reported that the warm summer of 2018 helped boost domestic sales of small motorboats and PWCs in Finland last year. Sales of motorboats over 9m in length also continued to grow, as did sales of large outboard engines.
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Update: Beneteau projects slowdown in 2019 boat market to +2%
The stock market has reacted negatively to Beneteau Group’s FY 2018-19 outlook (announced after the close of the Paris stock exchange yesterday) in which the French builder projected a slowdown in the global boat market.
