Friday, May 9, 2014

The recreational yacht market grows by 23,68% in April


- it is the most positive piece of information in the recreational yacht market since the middle of 2008. April 2014 shows already a consolidation of this year by changing the sign from minus to plus and by maintaining a progressive growth since October last year.

- in the first four months of the year, registration of all lengths increase, a tendency that extends practically to all the segments of the recreational market.

- the registrations in the charter market grow by more than 100% between january and April 2014, in comparison with the same period last year.

- by provinces, the Balearic Islands, Barcelona and Cádiz are at the top of the market, in that order.

According to the information by Directorate General of the Merchant Navy, and once analyzed by the Spanish Nautical Trade Association, in April 2014 a total of 397 recreational vessels were registered in Spain, which means an increase  by 23,68% in comparison to to the 321 registrations in April 2013. In the accumulated total so far (January-April 2014) , 1057 vessels have been registered, an 11,85% more than in the same period in 2013, when 945 recreational vessels were registered.

There is a spectacular increase in the charter boats registrations in the first four months of the year 2014. With 71 registered vessels (including jet skis) for  charter between January and April, the charter market shows an increase of 108% compared to the same period last year when 34 vessels were registered for charter. In April, 29 recreational vessels were registered, a 70,59% more than in April 2013 when 17 boats were registered.

By length, the boats over 16 m grow by 60% in the first four months of 2014, with 8 registrations compared to the 5 in the same period last year.  The segment between 12 and 16 m increases by 40,91% with 31 new registrations compared to the 22 registrations between January and April 2013. The boats between 8 and 12 m grow by 21,13% with 86 registrations in this period,  compared to the 71 registrations in the first third of 2013. The lengths up to 8 m, the most popular bracket with a market share of 88,17%, grow by 10% by April 2014, registering 932 vessels against the 847 corresponding to the same period last year.

By the type of boat, registrations of jet skis grow (56,58%) followed by semirigid inflatables (32,88%) and motor boats (2,57%). Only the inflatable boat market experiences a slight drop of -4,14%.

By provinces, in the accumulated total so far (January to April 2014), three regions are at the top of the market: the Balearic Islands in the top spot with a market share of 11,35% and an increase of registrations by 3,45%, followed by Barcelona with a market share of 9,18% and an increase of registrations by 14,12%, and in the third position Cádiz with a 9,08% market share and an increase of registrations by 62,71%.

The growth in Alicante is also worth a mention; 97,06% increase in registrations that results in a market share of 6,34%, not forgetting Madrid with an increase of registrations by 40% and a market share of 6,62%.

The associates of ANEN can find more detailed figures on the ANEN website.

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