The Balearic nautical market slows down in the first half of 2024

In the first half of the year, the Balearic nautical market has seen a  decrease of 12.26% compared to the same period last year, according to data from the "Recreational Boat Market Report: January-June 2024," published by ANEN based on data provided by the Directorate General of Merchant Marine. Specifically, during the first six months of 2024, 601 recreational boats were registered in the Balearic Islands, compared to 685 registered by the end of June last year.

This figure contrasts with the 20% drop recorded in the same period across Spain, where registrations fell from 3,811 to 3,047 boats. This explains why, despite the decline in registrations, the Balearic Islands have increased their national market share from 17.95% in June 2023 to the current 19.72%.

Thus, the archipelago strengthens its position as the leading province in the national nautical market, followed by Barcelona with 10.8% and Girona with 7.19%.

Regarding the charter market, boats registered in Spain for this purpose between January and June show a 22% decrease, in line with the overall market trend. Of the total boats registered up to June, 62% are for private use, and 38% are for nautical charter, according to the information provided by ANEN.