The RV Industry Association’s March 2023 survey of manufacturers has shown a significant decline in RV shipments compared to the previous year.
Total RV shipments in March 2023 ended with only 31,869 units shipped, down by a staggering 50.8% compared to the 64,778 units shipped in March 2022.
So far, RV shipments are down by 54.3%, with only 78,600 units shipped in 2023.
The RV industry has been hit hard by the COVID-19 pandemic, which has caused significant disruptions to supply chains and manufacturing operations.
With consumers increasingly opting for staycations and outdoor activities, the RV industry has been working hard to produce innovative products that can offer unique outdoor experiences to consumers.
Photo screen grabbed from RVIA’s report
Despite the significant decline in RV shipments in March 2023, RV Industry Association President & CEO Craig Kirby remains optimistic.
As camping season approaches, the RV industry continues to produce innovative products that will open the door for great outdoor experiences,” said Kirby.
As consumers head to RV dealerships across the country this spring and summer, they will find many affordable options across all product types that will help them begin a journey towards a lifetime of memorable RV and camping experiences with friends and family,” Kirby added.
The RV industry is not entirely in decline. Park Model RVs, which offer unique vacation experiences, have seen a notable increase in wholesale shipments.
Photo screen grabbed from RVIA’s report
According to the RV Industry Association’s survey, park model RVs finished February up 42.5% compared to the same month last year, with 540 wholesale shipments.
Towable RVs, such as conventional travel trailers, have been hit hardest by the decline in RV shipments, with 27,404 shipments, representing a 53.7% decrease compared to March 2022.
Meanwhile, motorhomes ended the month with 4,465 units shipped, a decline of 20.2% compared to the same month last year.
Photo screen grabbed from RVIA’s report
The industry remains committed to producing innovative products that offer unique outdoor experiences to consumers.
Consumers who are looking for affordable options to begin their journey towards memorable RV and camping experiences with friends and family can explore the various product types available at RV dealerships across the country this spring and summer.
