The boat market in the Balearics grows sharply in the first half of the year

Between January and June 2021, a total of 678 pleasure craft were registered in the Balearics. This means an increase by 39,5% compared to the same period last year, when 486 vessels were registered. Given that the first semester of 2020 was marked by a strict lockdown between the months of March and June, it makes more sense to look at the numbers of the first semester of 2019 to assess the evolution of the boat market. Well then, as 707 vessels were registered in the Balearics between January and June 2019, we can say that in 2021 a considerable part of what was lost in 2020 has been recovered, and we are approaching the pre-Covid levels with pace.

This information comes from the report ´Pleasure Craft Market´, prepared by the National Association of Nautical Companies (ANEN) and based on the data corresponding to June and provided by the Directorate General of the Merchant Marine. In the whole of Spain, the registrations during the first half of the year have grown by 50,5%, reaching a total of 3.744 vessels. This can be attributed to the proximity of the summer and the relative security provided by yachting.

Almost two out of ten registrations, in the Balearics

The Balearic Islands consolidate 18,1% of all pleasure craft registrations in Spain, compared to 19,5% a year ago. In any event, it remains as the province with the largest market share, followed by Barcelona with 11%; Madrid with 5,9% and Málaga with 5,2%.

“We continue with a dynamic boat market, with numbers that exceed those of 2019, which is very satisfactory for the nautical sector. This reflects a society that has included nautical activities among the recreational options for the summer, although it is a fact that the growth has weakened due to various circumstances, some of them common in many business sectors, for example lack of stocks and delays in deliveries”, explains Carlos Sanlorenzo, the president of ANEN.