Canadian Wholesale Shipments Decrease 26 Percent
The Canadian RV Association reports that RV wholesale shipments into Canada for the second quarter, ending June 30, totaled 13,122 units compared to 17,779 for the same period in 2018, representing a decrease of 26.19 percent.
The RVDA of Canada reported that, according to Statistical Surveys, dealer retail activity during the quarter totaled 21,078 units. When compared to the wholesale shipment figure of 13,122, it indicates that Canadian dealers inventory levels significantly decreased entering the main retail season during the summer months.
Total RV Shipments year-to-date are 25,518 versus 35,526 units in 2018 as of June 30, down 28.17 percent overall.
CRVA attributes the decreased shipments in 2019 versus 2018 to the following factors: extreme cold winter conditions that affected RV retail shows and attendance across the country, an unseasonably wet spring delaying campground openings in Central-Eastern Canada, a continued slow economy in Alberta and consumer uncertainty regarding tariffs.
Based on feedback, CRVA expects retail activity will exceed shipment numbers again in the third quarter, reducing dealer inventory levels further to effectively re-align the market, entering the fourth quarter and into 2020.