New Zealand's marine industry is thriving, contributing $3 billion annually to the country's economy. The industry achieved $2.2 billion in local sales and $800 million in exports, according to new statistics released at the NZ Marine Industry conference by Executive Director Peter Busfield.
The conference, held in Tauranga, saw more than 130 people from New Zealand and Australia's marine industry come together for two days of presentations, panel discussions, networking, and brainstorming. Attendees brought with them innovative ideas, and the conference vibe demonstrated the New Zealand marine industry is in good health and is facing an exciting future.
President Garry Lock, who opened the conference, said it was great to finally have so many of the industry gathered in one place to celebrate successes and look into the future. "Although we have remained a tight group throughout all the disruptions of the past few years, it was fantastic to finally be back together in one place, talking about all aspects of our industry," Lock said.
Keynote speakers at the event included Darren Vaux, president of the International Council of Marine Industry Associations, and Andrew Fielding, president of Australia's Boating Industry Association, who shared valuable insights from a global perspective. There was also great interest in a panel session by representatives of marine companies active in the alternative power-source field, such as hydrogen and electric power, and new exciting boating forms such as foiling.
The conference also saw the presentation of NZ Marine's international and local events and promotions planned for the next 12 months, ensuring export and local sales growth opportunities for New Zealand manufacturers.
The marine industry is also facing technological changes in manufacturing processes, which will mean its 100%-owned Marine and Specialised Technology Academy training arm (MAST Academy) will continue to provide state-of-the-art industry-led apprenticeship training, providing good career pathways for school leavers and older learners alike.
The new generation of boaties want quick and easy access to go boating, cleaner power sources, and sustainable build materials in the boats they are using. They are also interested in maximising technology to achieve those goals.
The marine industry's growth is expected to continue, with more than 5500 boats expected to be built this year. The vast majority of these boats are trailer boats between 3.5 and 8m. The number of apprentices in boatbuilding and related trades has also reached 650.
"These are exciting times, and no doubt some major developments lie ahead," said Busfield. "One thing that hasn't changed, though, is how much Kiwis value their boating healthy lifestyle — 1.9 million people are regularly out on the water making boating New Zealand's most popular recreational activity. Our industry is in good heart, and we're ready to push ahead into the future and build on our tradition of innovation and success."
