The International Council of Marine Industry Associations, ICOMIA, has released the latest edition of its Recreational Boating Industry Statistics.

ICOMIA says its statistics report provides a wealth of industry intelligence in one useful reference document and is the industry’s foremost statistical reference report, used extensively within the industry for analysing export markets and externally for investment opportunities in the marine leisure sector.

The report indicates that throughout 2022 boat sales were still elevated despite fiscal pressure from inflationary increases and demand for new boats continued to outweigh supply.

Recruitment and retention of staff in all areas of the recreational boating industry remained sluggish with both large and small companies considering workforce challenges to be a significant concern.

The report shows the wider emergence of alternative boat propulsion technologies which ICOMIA discussed at length in its Pathways to Propulsion Decarbonisation for the Recreational Marine Industry report, launched at METSTRADE last month (November 2023).

It is also noted that there is an increased shift towards chartering, boat rental and boat sharing opportunities. This is particularly popular with younger boaters, and is said to give the recreational boating industry the ability to expand markets towards potential boaters that otherwise would not engage in what is traditionally seen as an expensive, time-consuming hobby.

The latest ICOMIA statistics report features:

  • 2023 global data snapshot and a comprehensive market overview
  • Detailed national reports from 25 countries
  • Global summaries of key product segments
  • Import/export data for the international boat trade
  • Marine engine statistics from ICOMIA’s Marine Engine Committee (IMEC)
  • International boat show statistics
  • The Superyacht Group’s Annual Report
  • Industry articles selected by IBI Magazine
  • Raw-data spreadsheets

The ICOMIA Recreational Boating Industry Statistics Report 2022 is available to buy for 880 euro, with ICOMIA members receiving a 50% discount. 

Main image credit: Austin Neill via Unsplash.

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