The Balearic Nautical Market Continues to Decline as Spring Approaches

The Balearic Islands lead the national registrations of recreational boats so far this year, but they have seen a 27.5% year-on-year drop, compared to the 13% decline across Spain, according to data from ANEN.

The Balearic Islands, historically one of the driving forces of the nautical sector in Spain, have registered 66 recreational boat registrations up to February 2025, according to the monthly report prepared by ANEN with data provided by the Directorate General of Merchant Marine.

This figure represents a 27.5% drop compared to the same period last year when 91 boats were registered, adding to the 20.7% year-on-year decrease recorded in January.

Nationally, the nautical market began 2025 with a 13% drop in recreational boat registrations, recording a total of 474 units compared to 545 in the same period of 2024.

This downward trend is also reflected in the charter market, which accounts for 26.4% of the total registrations and has suffered a national contraction of 27.3%, with 125 registrations up to February.

The Balearic Islands continue to lead the Spanish market, accounting for 13.9% of the national registrations. They are followed by Barcelona, with a market share of 12.4%, and Alicante, with 10.1%.

The nautical charter segment, which represents 26.4% of the total registrations, has been one of the most affected by the market slowdown. Up to February, 125 registrations for this use were recorded, compared to 172 last year.

Despite the challenging start, the nautical sector is hopeful for a recovery in registrations as the year progresses and the high season approaches.