The Balearic boat market starts the year with a growth of 25%

Against all odds, during the first month of 2023, 30 recreational boats were registered in the Balearic Islands, an increase of 25% compared to January last year, when 24 registrations were recorded.

This information comes from the "Recreational Boat Market Report. January 2023", edited by ANEN from data provided by the Directorate General of Merchant Marine.  The report further reveals that the Spanish boat market closed the month of January with 264 recreational boat registrations, representing a growth of 40% compared to January 2022. This is the best result recorded in the boat market in the last three years.

By provinces, the Balearic Islands shares the second position with Barcelona, both accumulating 11.36% of the registrations at the national level. They are surpassed only by Las Palmas, with a market share of 12.12%, after going from 11 boats registered in January 2022 to 32 last month.

The Spanish boat market closes the first month of the year with good results, supported mostly by sales in the small craft segment, where operations exceed those concluded in 2020, before the pandemic. The good result reflects an increase of nautical activity in certain autonomous communities that historically occupied a smaller market share. These changing trends will be subjected to analysis and discussion at the X Nautical Congress, to be held in San Sebastian, from 9th to 10th of March," explains Carlos Sanlorenzo, secretary general of ANEN.

By autonomous communities, Andalusia (18.84%) and the Canary Islands (16.26%) were the regions with the largest market share, followed by Valencia (14.39%), Catalonia (13.64%) and the Balearic Islands (11.36%).

As for the nautical charter, the Canary Islands, with a market share of 32.4%, leads the Spanish charter market in January. In second place comes the Valencian Community, with a share of 24%, followed by the Balearic Islands with 19.72%.