Wholesale RV Shipments into Canada Decrease 56.6% YoY – RVBusiness – Breaking RV Industry News
RICHMOND, B.C. – The Canadian Recreational Vehicle Association (CRVA) reports that RV wholesale shipments into Canada for the 3rd Quarter ending Sep. 30 totaled 4,459 units compared to 10,269 in 2022, representing a decrease of 56.6% year over year.
According to Statistical Surveys, RVDA of Canada reported that retail activity during the 3rd Quarter totaled 11,329 units and when compared to the wholesale shipment figure of 4,459 Canadian RV Dealer Inventory levels continued to significantly decrease during the period which would be considered abnormal compared to historical stats.
CRVA commented on the report that “dealers continued to liquidate prior year inventory on hand combined with transportation delay issues contributed to the much higher than anticipated decrease during the quarter.”
With Tranport Canada’s ELD exemption for RV carriers effective Oct. 20, CRVA is optimistic that there will be an improvement in the 4th Quarter.
RV Wholesale Shipments into Canada YTD for 9 months ending September 30th was 19,865 vs 48,670 units in 2022 representing a decrase of 59.2% overall.
Source: https://rvbusiness.com/wholesale-rv-shipments-into-canada-decrease-56-6-yoy/