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Global cruise count tops 22m, economic impact nears $120bn

Global cruise demand reached 22.04m in 2014, a 3.4% increase over 2013, while cruise-related expenditures generated $119.9bn in total output, up from $117bn, according to a new Cruise Lines International Association study.

Anne Kalosh, Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

October 19, 2015

2 Min Read
Credit: Seatrade Cruise News

The passenger count has ballooned 68% in a decade. In 2004, 13.14m people took ocean cruises. Further growth is projected. Earlier this year CLIA forecast more than 23m people would cruise globally in 2015.

Last year the US generated 11.21m sea-going vacationers, followed by Germany (1.77m), the UK (1.61m) and Australia (1m). As earlier reported here, 2014 was the first year when Germany surpassed the UK as a source market, and when Australia reached 1m passengers.

North America accounted for 55% or 12.2m cruisers. Europe had a 29% share, or 6.4m. Other regions of the world, including Australia, China, Singapore, Japan and South America, made up the remaining 16%, or 3.5m.

CLIA specified numbers for Italy (840,000), Canada (800,000), China (700,000), France (590,000), Spain (450,000) and Norway (180,000). The association did not list Brazil in its Top 10, which has been an important source market in the past, pushing above 800,000 at its peak (2011/12 season) though numbers have declined there more recently to around the 600,000 level.

Not surprisingly CLIA remarked on China as a driver of growth in Asia, where the business is bounding ahead at double-digit rates.

'The cruise industry is bringing more cruise visits to Asia and the volume of cruise travelers sourced from Asia for cruise tourism worldwide nearly doubled since 2012,' said Cindy D'Aoust, acting ceo of CLIA.

According to the association, between 2013 and 2015, the number of ships deployed in Asia grew at a 10% compound annual growth rate, and the volume of cruises and voyages within and through Asia increased 11%. Passenger capacity in the region increased 20%.

The CLIA study, by Business Research & Economic Advisors, found cruising's $119.9bn in economic impact supported 939,232 full-time equivalent employees who earned $39.3bn in income. Direct expenditures by cruise lines, passengers and crew reached $55.8bn.  

CLIA also announced that cruise-related spending in the US reached a record $21bn in 2014, while the industry's impact on the US economy totaled $46.09bn.

 

 

About the Author

Anne Kalosh

Editor, Seatrade Cruise News & Senior Associate Editor, Seatrade Cruise Review

Anne Kalosh covers global stories, reporting both breaking and in-depth news on cruising's significant people, places, ships and trends. A sought-after expert on cruising, she has moderated conferences around the world, including the high-profile State of the Industry panel at Seatrade Cruise Global. She created and led the acclaimed itinerary-planning case study for Seatrade's cruise master classes held at Cambridge and Oxford universities. She has been the cruise columnist for AFAR.com, and her freelance stories have appeared in a wide range of publications, from The New York Times to The Miami Herald.

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