Slight decline in registrations in the Balearic boat market this year

Despite the slight decline in the number of boat registrations in the first seven months of the year in the Balearic Islands compared to the same period last year, the archipelago continues to lead the national market with a market share of 17,9%.

From January to July 2023, 838 recreational boats were registered in the Balearic Islands, which represents a 5.5% decline compared to the same period last year when 887 boats were registered.

This figure, taken from the 'Recreational Boat Market Report. January-July 2023,' published by ANEN using data provided by the Directorate General of Merchant Marine, contrasts with the national trend of a 5.4% increase, with 4,674 boats registered.

Nevertheless, the Balearic Islands continue to lead the national nautical market, accounting for 17.9% of all registrations in Spain, although its market share has decreased slightly from the last year’s 20%. The province of Barcelona follows with 10.9% of registrations, and Madrid comes next with 7.1%.

Regarding the charter market, 511 units were registered in the Balearic Islands in the first seven months of the year, marking a 2.6% decrease from the previous year. The archipelago's market share on a national level has fallen from 32.8% in July 2022 to the current 28.9%, but the Balearic lead remains strong, followed by Barcelona with 9.3% and Alicante with 8.1%.

Jordi Carrasco, director general of ANEN, affirms that the nautical season is meeting expectations so far this year. The demand for charter market services continues to rise, nearly doubling the growth compared to 2022. Companies offering nautical activities and nautical-sports facilities continue to be in high demand, positioning nautical tourism among the holiday proposals with great growth potential.