The marine industry is now worth $3 billion annually to the New Zealand economy, achieving around $2.2 billion in local sales, and $800 million in exports. This was among new statistics that showed the size and growth of the industry released at the recent NZ Marine industry conference by Executive Director Peter Busfield.

Other new statistics showed the number of apprentices in boatbuilding and related trades has reached 650, and more than 5500 boats are expected to be built this year — the vast majority trailer boats between 3.5 and 8m.

More than 130 people involved in the industry, from throughout New Zealand and Australia, came together in Tauranga in August for two days of presentations, panel discussions, networking, and brainstorming focusing on what boating and the marine industry will look like in 2034.