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Yachting · Market

The Balearic charter fleet in numbers

213 charter registrations in six months, a sector turnover of 1.106 billion euros and 3.1 per cent of Balearic GDP. The islands are Spain's charter market.

Aerial view of dozens of white charter yachts and sailing boats anchored in a wide Mallorcan bay over turquoise shallows.

The Balearic Islands are the largest charter market in Spain by a clear margin. In the first half of 2025 the islands recorded 213 charter registrations out of 905 nationwide, ahead of Barcelona with 124 and Alicante with 116. That is roughly 24 per cent of the Spanish total from a population of about 1.2 million people, and it happened in a market that fell by 21.1 per cent nationally over the same period.

What the sector is worth

Industry figures for 2024 put the turnover of the Balearic yachting sector at 1.106 billion euros, equivalent to 3.1 per cent of Balearic GDP, generated by 879 companies and more than 5,000 direct jobs. Those are not charter revenues alone. The number includes refit, brokerage, marinas, provisioning, crew services and the supply chain that keeps them running, which is the part of the industry that does not show up in a holiday brochure.

IndicatorFigurePeriod
Charter registrations, Balearics213H1 2025
Charter registrations, Spain905H1 2025
Balearic shareabout 24 per centH1 2025
Barcelona124H1 2025
Alicante116H1 2025
National charter market changeminus 21.1 per centH1 2025
Sector turnover1.106 billion EUR2024
Share of Balearic GDP3.1 per cent2024
Companies8792024
Direct jobsmore than 5,0002024

A correction, not a collapse

The double digit national decline in charter registrations followed several exceptional post pandemic years, and it reads as a correction rather than a structural break. The Balearic share held while the national number fell, which is the more telling signal: when the market contracts, the fleet concentrates where the demand is, and the demand is here.

What the numbers mean for a charter client

Two things. First, supply in Mallorca is deep enough that a comparison of three or four offers is realistic in any week outside the first fortnight of August. Second, the professional density behind the fleet is unusually high for an island, from crew agencies to the refit capacity described in our piece on the yard that lifts 1,000 tonnes. The practical cost side sits in our guide to what a charter week costs.

Sources

Questions and answers
How many charter boats were registered in the Balearics in 2025?
213 in the first half of the year, out of 905 registered across Spain in the same period.
Which provinces come next?
Barcelona with 124 registrations and Alicante with 116, both well behind the islands.
Is the charter market shrinking?
Registrations across Spain fell by 21.1 per cent in the first half of 2025 after several exceptional years. The Balearic share of the national market held.
How important is yachting to the Balearic economy?
Sector turnover reached 1.106 billion euros in 2024, put at 3.1 per cent of Balearic GDP, across 879 companies and more than 5,000 direct jobs.
Does the turnover figure only cover charter?
No. It covers the wider nautical sector, including refit, marinas, brokerage and services, which is where a large part of the winter activity sits.