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2007 Marine Industry Sales |
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Sales Dropped Five Percent to $37.5 Billion, The Largest Decline in Almost a Decade |
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Updated June 19, 2008 |
|
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
| Total Sales |
$18,438,336,889 |
$19,662,618,377 |
$22,320,723,677 |
$27,065,550,213 |
$29,709,737,472 |
$31,563,145,362 |
| Annual Change |
|
6.6% |
13.5% |
21.3% |
9.8% |
6.2% |
| |
|
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
| New Boats (units) |
593,000 |
571,400 |
582,500 |
576,800 |
880,300 |
844,100 |
| New Boat Total Dollars |
$6,339,689,300 |
$6,507,617,000 |
$7,122,328,200 |
$8,752,005,600 |
$10,157,630,600 |
$10,796,429,600 |
| New Boat Average Price |
$10,691 |
$11,389 |
$12,227 |
$15,173 |
$11,539 |
$12,790 |
| Used Boats (units) |
1,040,000 |
985,200 |
980,800 |
1,031,000 |
1,056,600 |
1,067,300 |
| Used Boats Total Dollars |
$3,885,616,000 |
$4,338,411,300 |
$4,949,414,500 |
$5,790,783,165 |
$7,486,086,300 |
$7,982,890,200 |
| Used Boat Average Price |
$3,736 |
$4,404 |
$5,046 |
$5,617 |
$7,085 |
$7,480 |
| New Outboards (units) |
302,000 |
314,000 |
331,900 |
348,700 |
299,100 |
302,100 |
| New Outboard Total Dollars |
$2,006,186,000 |
$2,155,610,000 |
$2,602,096,000 |
$2,901,881,400 |
$2,411,045,100 |
$2,479,938,900 |
| New Outboard Average Price |
$6,643 |
$6,865 |
$7,840 |
$8,322 |
$8,061 |
$8,209 |
| Used Outboards (units) |
514,216 |
534,649 |
565,127 |
593,732 |
509,278 |
514,386 |
| Used Outboard Total Dollars |
$1,229,597,871 |
$1,321,180,323 |
$1,594,833,032 |
$1,778,572,471 |
$1,477,737,319 |
$1,519,962,552 |
| Used Outboard Average Price |
$2,391 |
$2,471 |
$2,822 |
$2,996 |
$2,902 |
$2,955 |
|
2003 |
2004 |
2005 |
2006 |
2007 |
Change |
| Total Sales |
$30,282,873,178 |
$32,953,180,343 |
$37,316,582,715 |
$39,493,330,400 |
$37,482,899,400 |
-5.1% |
| Annual Change |
-4.1% |
8.8% |
13.2% |
5.8% |
-5.1% |
|
| |
|
2003 |
2004 |
2005 |
2006 |
2007 |
Change |
| New Boats (units) |
837,900 |
870,100 |
864,450 |
912,130 |
841,820 |
-7.7% |
| New Boat Total Dollars |
$10,026,770,660 |
$10,754,105,000 |
$11,574,238,600 |
$11,891,404,900 |
$11,738,658,800 |
-1.3% |
| New Boat Average Price |
$11,967 |
$12,360 |
$13,389 |
$13,037 |
$13,944 |
7.0% |
| Used Boats (units) |
1,006,200 |
1,006,400 |
1,032,100 |
1,004,200 |
961,800 |
-4.2% |
| Used Boat Total Dollars |
$7,361,805,200 |
$7,900,741,000 |
$9,112,100,000 |
$10,534,821,600 |
$9,641,097,900 |
-8.5% |
| Used Boat Average Price |
$7,316 |
$7,850 |
$8,829 |
$10,491 |
$10,024 |
-4.4% |
| New Outboards (units) |
305,400 |
315,300 |
312,000 |
301,700 |
275,500 |
-8.7% |
| New Outboard Total Dollars |
$2,554,533,570 |
$2,879,002,858 |
$3,154,904,900 |
$3,255,410,900 |
$2,689,037,900 |
-17.4% |
| New Outboard Average Price |
$8,365 |
$9,131 |
$10,112 |
$10,790 |
$9,761 |
-9.5% |
| Used Outboards (units) |
520,005 |
536,862 |
531,200 |
515,700 |
469,100 |
-9.0% |
| Used Outboard Total Dollars |
$1,565,681,865 |
$1,764,550,139 |
$1,933,651,400 |
$1,947,485,200 |
$1,741,001,200 |
-10.6% |
| Used Outboard Average Price |
$3,011 |
$3,287 |
$3,640 |
$3,776 |
$3,711 |
-1.7% |
Figures Courtesy of NMMA
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