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RV Shipments Top 313K in 2023, Projected to Rise in 2024

Results for the RV Industry Association’s December 2023 survey of manufacturers found that total RV shipments ended the month with 21,522 units, an increase of 8.1% compared to the 19,907 units shipped in December 2022. RV shipments in 2023 ended with 313,174 units, down (-36.5%) compared to 2022.

RV shipment numbers can be a key indicator for developers evaluating the future need for RV storage.

“RV shipments for the last two months of 2023 showed an increase over the previous year, and our projections indicate we should continue to see increased shipments and retail sales in 2024, particularly in the latter half of the year,” said RV Industry Association President & CEO Craig Kirby. “We are further encouraged by the positive attendance numbers we’ve already seen at consumer RV shows in 2024, with consumers expressing excitement about new features and RV product innovations.”

Towable RVs, led by conventional travel trailers, ended the month up 11.4% from last December with 18,680 shipments. Motorhomes finished the month down (-9.4%) compared to the same month last year with 2,842 units.

Park Model RVs finished December down (-31.9%) compared to the same month last year, with 325 wholesale shipments. Park Model RVs finished 2023 up 7.0% compared to 2022 with 5,054 units shipped.

RV wholesale shipments are projected to rise above 350,000 units in 2024, according to the Fall 2023 issue of RV RoadSigns, the quarterly forecast prepared by ITR Economics for the RV Industry Association. The forecast projects 2024 RV shipments to range between 363,700 and 375,700 units with a median of 369,700 units. This total would represent a 22 -24 percent increase over the previously expected 2023 year-end range of 287,200 – 307,000 units, with a median forecast of 297,100 units. 

Click here to view our Shipment Report in PDF format.

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