SSI: Retail Registrations at 39,723 in August 2022, Down 18%

There were 39,723 retail registrations in August 2022, which is down 18% compared to the 48,473 recorded in the same month last year, according to Statistical Surveys Inc., Grand Rapids, Mich., which provides retail and consumer data to the RV industry.

Year-to-date there have been 339,926 retail registrations, which is down 23.7% versus the 439,900 total from the same period in 2021.

August is the second month in a row that retail sales decidedly surpassed wholesale shipments, which were reported at 33,783 by the RV Industry Association’s (RVIA) survey of manufacturers. July’s retail sales (41,535) outpaced July’s wholesale shipments (29,647) by an even greater percentage, but the trend certainly suggests that the industry is selling through its current inventory.

Before July, there were two months in a row where retail sales were mostly in balance with wholesale production. Total RV shipments in June were 44,793, a difference of just 2,023 units compared to the 46,821 retail sales for the same month. May’s 47,309 figure for retail sales also suggested a production-vs.-retail balance in comparison to the 50,529 wholesale shipments reported for the month.

United States

Travel Trailers: 24,393 retail registrations in August 2022 (29,094 in August 2021; down 16.2%). Market share leaders: THOR Industries (42.1%), Forest River Inc. (35.6%), Grand Design RV Co. (8.1%).

Fifth-Wheels: 5,911 (9,016; -34.4%). Market share leaders: THOR (41.6%), Forest River (30.9%), Grand Design (18.7%).

Camping Trailers: 633 (651; -2.8%). Market share leaders: Forest River (56.6%), Aliner (17.2%), SylvanSport LLC (6.6%).

Park Models: 223 (230; -3.0%). Market share leaders: Skyline Champion (32.3%), Cavco Industries (18.4%), DNA Enterprises Inc. (13.5%).

Class A: 884 (1,210; -26.9%). Market share leaders: THOR (56.2%), Forest River (16.0%), Newmar Corp. (11.1%).

Class C: 1,652 (2,035; -18.8%). Market share leaders: THOR (50.8%), Forest River (26.0%), Winnebago Motorized (10.9%).

Class B: 1,220 (1,037; 17.6%). Market share leaders: Winnebago (41.4%), THOR (34.8%), Forest River (6.4%).

Canada

Travel Trailers: 3,629 (3,872; -6.3%). Market share leaders: THOR (43.9%), Forest River (35.3%), Grand Design (7.7%).

Fifth-Wheels: 578 (766; -24.5%). Market share leaders: THOR (45.5%), Grand Design (24.6%), Forest River (24.2%).

Camping Trailers: 113 (122; -7.4%). Market share leaders: Forest River (76.1%), Aliner (15.0%), SylvanSport (2.7%).

Park Models: 5 (3; 66.7%). Market share leaders: Woodland Park (80%).

Class A: 59 (91; -35.2%). Market share leaders: THOR (64.4%), Forest River (18.6%), Newmar and Winnebago (8.5%).

Class C: 190 (141; 34.8%). Market share leaders: Forest River (60.0%), THOR (34.2%), Winnebago and NeXus RV (2.1%).

Class B: 96 (53; 81.1%). Market share leaders: THOR (36.5%), Forest River (30.2%), Pleasure Way Industries (14.6%).

Source: https://rvbusiness.com/ssi-retail-registrations-at-39723-in-august-2022-down-18/