Boat Sales Volume Down, Inventory Up Post-Pandemic

MIAMI, FL — The demand for boats remained strong during the first half of the year as inventory levels continue to recover from the pandemic-era buying surge, according to the latest market report from Boats Group. The global leader in online boating marketplaces analyzed data from its top sites, Boat Trader, YachtWorld and boats.com, from the first half of the year through 2019.
“Early indicators like days on the market, number of listings and overall boat value are contributing factors to understanding the health of the boating industry, and what we are seeing is a very positive trajectory,” said Courtney Chalmers, vice president of marketing at Boats Group. “Consumers have continued to show a high level of interest in boating, creating a favorable position for brokers and dealers as inventory levels ramp up.”
The industry continued to overcome inventory shortages, specifically in the larger boat segments, as the total volume of boats sold was down 9.8% compared to 2019. On the other hand, recovery is well underway as Boat Trader, YachtWorld and boats.com have collectively seen a growth of 56% in listings compared to the first half of 2022. Read more