Monday, July 7, 2014

Balearic Islands represent 16% of the recreational boat market with 367 registrations and an increase of 31%

The Balearic Islands have taken a 16% share of the recreational boat market in the first half of the year with 367 registrations, which means a 31% more than in the same period in 2013.
 
The Balearic Islands, Barcelona and Cadiz stay at the top of the recreational boat market. Barcelona is in the second lace, with a 11,75% share of the market and an increase by 42,3% of registrations, going from 189 to 269 by June this year.
 
Cadiz occupies the third place with a 7,3% market share and an increase of registrations by 30,2%, up to 168 compared to the 129 in the same period last year.
 
In total, 2.289 vessels were registered in Spain during the first half of the year, which means an increase by 14,9% compared to the 1.992 vessels registered up until June last year, according to the information given to the Spanish Nautical Trade Association by the Directorate General of the Merchant Navy.
In June, in Spain 673 recreational vessel were registered, 28,9% more than in June last year. This is the best month of the year, after six months of consecutive increases. The registrations of all lengths increased between January and June. The biggest increase was in the vessels of more than 16 m which grow by 57,1% with 22 registrations compared to 14 in the same period last year.
 
Also the segment between 12 and 16 m increase by registering 58 vessels, 18,3% more than those registered in the first half of last year.
 
The boats between 8 and 12 m grow by 16,7% with 167 registrations compared to the previous period. The vessels up to 8 m of length, which have the biggest market share at 89,2%, had 14,3% more registrations, reaching a total of 2.042, which is 256 more than in the same period in 2013.

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