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#1
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A few items of interest from the 2nd Qtr, 2005, analysis of WA State
boat sales activity. While this is only accurate for WA, it may be an indicator for other regions as well. Overall boat sales for 2Q05 were down slightly from 2Q04. Off 679 units or 3.3% Most significant losses were in the Used, Private category (down 488 units) and Used, Import (current WA State registrants purchasing a used boat from out of state- down 191 units). New boats sold by dealers were actually up 133 units, or 4.4%. There was also a 60-boat decline in the number of boats brought in by people arriving from out of state. Used Boat sales from all sources down were just 4%, with most of the declining categories in the "under-30'" sector. The 35-38' group fell off by 12 units, or 8.8% and the 51-54' group was down by 2 units or 16.7% but all other medium and large boat categories were close to even or up slightly. The 43-46' sector imporoved the most, with a 21% (12 unit) improvement over the same quarter last year. Among used boats sold in 2Q05: 3,471 were registered as outdrive powered, 2,151 as inboard, 1,619 jet drives, 7,797 outboard, 506 sailboats, 206 were "unknown" Among new boats sold in 2Q05: 1,090 were outdrives, 570 inboards, 657 jet boats, 1,559 outboards, 30 sailboats, and 40 were listed as "unknown". 30 sailboats?...one has to assume that some of the sailboats with auxiliaries are registered as inboards or outboards- no way that the entire community of new sailboat dealers in the state is surviving on an average of 10 total sales a month. |
#2
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![]() wrote in message oups.com... A few items of interest from the 2nd Qtr, 2005, analysis of WA State boat sales activity. While this is only accurate for WA, it may be an indicator for other regions as well. Overall boat sales for 2Q05 were down slightly from 2Q04. Off 679 units or 3.3% Most significant losses were in the Used, Private category (down 488 units) and Used, Import (current WA State registrants purchasing a used boat from out of state- down 191 units). New boats sold by dealers were actually up 133 units, or 4.4%. There was also a 60-boat decline in the number of boats brought in by people arriving from out of state. Used Boat sales from all sources down were just 4%, with most of the declining categories in the "under-30'" sector. The 35-38' group fell off by 12 units, or 8.8% and the 51-54' group was down by 2 units or 16.7% but all other medium and large boat categories were close to even or up slightly. The 43-46' sector imporoved the most, with a 21% (12 unit) improvement over the same quarter last year. Among used boats sold in 2Q05: 3,471 were registered as outdrive powered, 2,151 as inboard, 1,619 jet drives, 7,797 outboard, 506 sailboats, 206 were "unknown" Among new boats sold in 2Q05: 1,090 were outdrives, 570 inboards, 657 jet boats, 1,559 outboards, 30 sailboats, and 40 were listed as "unknown". 30 sailboats?...one has to assume that some of the sailboats with auxiliaries are registered as inboards or outboards- no way that the entire community of new sailboat dealers in the state is surviving on an average of 10 total sales a month. Do you have access to Washington State data only Chuck? I wonder how the other States compare. Is there a national data base for this type of data? I was not able to google any data on the Great Lakes region or Ohio specifically. If I recall you posted an indication of this trend in your area after the Seattle Boat Show last January. |
#3
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![]() *JimH* wrote: wrote in message oups.com... A few items of interest from the 2nd Qtr, 2005, analysis of WA State boat sales activity. While this is only accurate for WA, it may be an indicator for other regions as well. Overall boat sales for 2Q05 were down slightly from 2Q04. Off 679 units or 3.3% Most significant losses were in the Used, Private category (down 488 units) and Used, Import (current WA State registrants purchasing a used boat from out of state- down 191 units). New boats sold by dealers were actually up 133 units, or 4.4%. There was also a 60-boat decline in the number of boats brought in by people arriving from out of state. Used Boat sales from all sources down were just 4%, with most of the declining categories in the "under-30'" sector. The 35-38' group fell off by 12 units, or 8.8% and the 51-54' group was down by 2 units or 16.7% but all other medium and large boat categories were close to even or up slightly. The 43-46' sector imporoved the most, with a 21% (12 unit) improvement over the same quarter last year. Among used boats sold in 2Q05: 3,471 were registered as outdrive powered, 2,151 as inboard, 1,619 jet drives, 7,797 outboard, 506 sailboats, 206 were "unknown" Among new boats sold in 2Q05: 1,090 were outdrives, 570 inboards, 657 jet boats, 1,559 outboards, 30 sailboats, and 40 were listed as "unknown". 30 sailboats?...one has to assume that some of the sailboats with auxiliaries are registered as inboards or outboards- no way that the entire community of new sailboat dealers in the state is surviving on an average of 10 total sales a month. Do you have access to Washington State data only Chuck? I wonder how the other States compare. Is there a national data base for this type of data? I was not able to google any data on the Great Lakes region or Ohio specifically. If I recall you posted an indication of this trend in your area after the Seattle Boat Show last January. The information is compiled by a non-profit research group in WA State known as Sea Grant. As a member of the Northwest Marine Trade Association, I can access a webpage where the information is displayed. The Sea Grant reports may be publicly available through other channels as well, I'm not sure. The reports are available quarterly, along with a report (that I know is proprietary to the NMTA) on the health of the overall economy in the Pacific NW. The general economic analysis is prepared by a well-respected regional economist. You might be able to discover similar data for your own state or region by contacting the local yacht brokers'association or marine trade group. Somebody is likely collecting this information from your state licensing agency already and it may even be compiled into a similar report for your local boat dealers and gear vendors. |
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