The Canadian Recreational Vehicle Association (CRVA) reported 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%.
According to a press release, Statistical Surveys’ dealer retail activity report showed that during the quarter totaled 21,078 units and when compared to the wholesale shipment figure of 13,122 indicates that Canadian dealers Inventory levels significantly decreased entering the main retail season during the summer months.
Total RV Shipments YTD are 25,518 vs 35,526 units in 2018 as of June 30, down 28.17%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 and Eastern Canada; and a continued slow economy in Alberta and consumer uncertainty regarding tariffs.
Based on feedback, we expect retail activity will exceed shipment numbers again in the third quarter reducing dealer inventory levels further to effectively realign the market as we enter the fourth quarter and into 2020.