The regions with the largest representation on the recreational boat market in 2014 were the Balearic Islands (14,78%), Barcelona (10,75%) and Cadiz (7,32%), which recovers the third place occupied in 2013 by Madrid, with a market share of 6,6%. The Balearics thus snatch the first place from Barcelona, as the region with the largest market share on the recreational yacht market.
Similarly, the principal national markets logged increased numbers of boat registrations; 31,54% in the Balearic Islands (634 vessels); 21,9% in Barcelona (461 vessels) and 3,28% in Madrid (283 vessels). In total, the nautical sector closed 2014 with an increase by 9,92% of recreational boat registrations, 4.290 vessels. This is the first year of timid growth since 2007, and after six consecutive years of decline, according to the information provided by the Spanish Nautical Trade Association (ANEN). The rise of registration of charter boats, which has increased by 56,72% compared to the previous year, has clearly contributed to the general improvement of the market. This is mainly due toincentives like the elimination of the matriculation tax for nautical charter, in force since October 2013. During 2014, a total of 373 charter boats were registered, compared to the 238 registered during the previous year. This means an increase by 24,75%, compared to 2007, the year before the crisis set in.
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