RV wholesale shipments are projected to approach 600,000 units by year-end 2022, according to the Spring 2022 issue of RV RoadSigns, the quarterly forecast prepared by ITR Economics for the RV Industry Association.
“Our forecast shows another very strong year for the RV industry which is being driven by continued consumer demand and inventory restocking at dealerships across North America after a record-breaking 2021,” said RV Industry Association President & CEO Craig Kirby. “Despite the economy as a whole facing headwinds with continued supply chain issues and rising inflation, RV manufacturers and suppliers are well positioned to meet the ongoing demand for RVs as consumers continue to desire ways to get out and experience an active outdoor lifestyle.”
The new forecast projects 2022 RV shipments to range between 578,800 and 603,300 units with a most likely year-end total of 591,100 units, off slightly (-1.5%) from the 600,240 shipped in 2021 but still the second best year on comparable record. Inventory restocking by dealers and continued consumer interest will boost shipments in the first half of the year with growth rates easing in the latter part of the year as the market normalizes.