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MYR ASESORES | Blog
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21 Jan Vehicle registration increased by 2024 but it went down in the case of passenger cars

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias By type of vehicles, passenger cars were the ones that led the number of registrations, con
49.984 units, but it was also the only sector that fell compared to 2023, con una caída del 7
por ciento. Por el contrario, increased the number of registered motorcycles by almost one 12 por
hundred. The registration of motorcycles represents the 18,6 percent of total vehicles. This data
It is the highest of all those published.

The registration of vehicles with electric traction has increased by 1,7 percent in 2024. Los
electric passenger cars are the ones that have increased the most (a 6,9 percent more), while those who
They have gasoline traction, they dropped one 17 percent with respect to 2023.

Por islas, Enrollment increased significantly in El Hierro (a 53 % more than in the year
anterior) and in Fuerteventura (21,3%). Gran Canaria was the island that presented the greatest number of
matriculaciones (35.915) and also presented the most pronounced decrease with respect to 2023, with a
fall of 4%. In Tenerife, The number of registrations increased by 4%. The sum of registrations
on both islands it represents the 82 percent of the total of the Canary Islands.

Rental vehicles

During the year 2024 vehicle registration for driverless rental services fell by
6,3 por ciento. In total they were 19.922 vehicles intended for this service, what it means 26 por
percent of total units registered.

During the same period the number of transfers increased, that is to say, vehicles that changed
owner. This process grew 8 percent with respect to 2023. In total there were more than 200.000
ownership changes, the highest value of the last 10 years old.

The data for updating this operation comes from the General Directorate of Traffic.
(DGT). This operation collects vehicle registration data from 2003. further, desde 2015
It also incorporates data on changes in ownership and cancellations for each of the islands and municipalities of
Canarias. To access all this data in a faster and more accessible way, can be consulted
our visualizations.

Source:: Noticias Económicas de Canarias

      

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20 Jan The number of overnight stays increases in December compared to the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The increase in overnight stays recorded by foreign tourists was 2,69 por ciento.
This is the most relevant sector since 9 decade 10 hotel overnight stays are carried out by
extranjeros. Por otra parte, those registered by tourists residing in Spain have decreased by
5,22%.

The number of travelers entering hotel and non-hotel establishments in the Canary Islands in the
December was 1,16 millions of tourists, a 1,68% más que en el mismo periodo de 2023.

The occupancy rate for rooms and apartments was at 82,96 por ciento. The island of
Gran Canaria was the one that registered the highest occupancy rate.

During last December, hotels and apartments in the Canary Islands entered a 11,4 por
cent more than in the same period of 2023. The turnover reached 556 millones de euros.

The average rate per occupied room was 137,08 euros. In the case of income from
habitación disponible, regardless of whether he had taken care of it or not, the average reached
113,72 euros during December 2024.

During the month of December, the number of jobs related to tourist accommodation was
de 71.136 people in the 1.304 registered establishments. Por cada 100 travelers who
stayed in the Canary Islands, was 6,12 employed people.

Source:: Noticias Económicas de Canarias

      

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17 Jan Sales of the market services sector in the Canary Islands increase in November compared to the previous year

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias This operation measures the short-term evolution of the activity of companies in the service sector..
For this, both the turnover and the employed personnel are taken into account..

The data is published corrected for seasonal and calendar effects according to the established basis
en 2021. The main objective of this adjustment is to make the information clearer and easier to understand.
interpret, since the time of year is not taken into account, business days, the length of the
month or other aspects that may interfere with the data.

In relation to the month of October, the monthly variation rate of the Sector's turnover
Market Services is 0% in the Canary Islands, versus -0,7% registered in Spain, Once I know
eliminate seasonal and calendar effects.

Por sectores, The annual variation rate of the turnover is 9,6% in hospitality and a
6,4% in trade.

The annual rate of turnover of the Market Services Sector varies with respect to November
2023 depending on the autonomous communities. Comunidad de Madrid (-1,6%) and Aragon (-0,7%) present
the smallest declines, while Balearic Islands (6,8%) and the Canary Islands (6,1%) are the ones that present
the biggest growth.

Source:: Noticias Económicas de Canarias

      

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03 Jan The number of tourists arriving in the Canary Islands increases in November and the interannual rate grows for the fifteenth consecutive month

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Regarding the same month of 2023 There has been an increase in 10,37 por ciento. En términos reales
It supposes 153.125 more tourists. Decade 10 tourists who arrived in the Canary Islands, 9 They came from abroad.
This sector increased a 10,57 percent compared to the same month of the previous year. It also grew
residents in Spain, In this case in a 8,26%.

United Kingdom remains the most important issuing market. Of the total tourists who came to
Canarias, a 31,5 percent did from the British islands, implying 513.747 people.
Germany and residents in the rest of Spain contributed a 19,7% y un 8,5% of travelers,
respectivamente.

Tenerife was the island that received the greatest number of travelers with 652.800 implying 4 decade 10
tourists who arrived. They are followed by Gran Canaria (27,4%) y Lanzarote (17,3%)

El 65% of the tourists who arrived in November were between 1 and 7 nights in the archipelago.
Por el contrario, el 1% made stays of more than 31 days. The main reason for the trip was the
Vacation.

Almost half of the tourists who arrived in the Canary Islands did it with a tourist package
hired, that is to say, with a service that includes at least transport and accommodation and that has a
indivisible price. Specifically the 49 percent of tourists arrived with this service
hired.

By types of accommodations, Hotels and apartments are still preferred by tourists. En
These establishments lodged the 77,8 percent of tourists who arrived in the Canary Islands in
November.

Source:: Noticias Económicas de Canarias

      

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27 Dec Las ventas al por menor en Canarias aumentaron un 4,6% en noviembre de 2024 con respecto al mismo mes de 2023

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias The Canary Islands are in first position within the ranking of variations of this index (4,6%),
followed by Basque Country (3,5%), Andalusia (3,4%) y Cantabria (2,8%). On the other side, the minors
variations occurred in Ceuta (0,1%), Estremadura (0,2%) y Baleares (0,3%). Taking into account the
evolution of sales by groups in the Canary Islands, these went up a 6,0% en alimentación y un 4,5% en
the rest.

Por su parte, employment in Canarian retail trade has increased by 3,5% in the last twelve
meses, while at the national level it has increased 1,9%. En este concepto, Canarias (3,5%) this
positioned in second position among the group of autonomous communities and cities, overcome
through Madrid (3,8%) and followed by Andalusia (3,1%) y Baleares (2,9%), while the lowest rates
of variation have occurred in Extremadura (-0,5%), Melilla (-0,3%) and Asturias (-0,3%).

Source:: Noticias Económicas de Canarias

      

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23 Dec Imports in value in the Canary Islands until October 2024 recorded an increase of 3,9% about 2023

By Instituto Canario de Estadística, (ISTAC), del Gobierno de Canarias Por otra parte, y también provisionalmente, el total de exportaciones es de 3.025,852 millones de
euros and the rate of variation with respect to 2023 es del 10,7%. The trade deficit reaches
15.696,597 millones de euros y la tasa de cobertura, que se calcula como el cociente entre el total
de exportaciones y el de importaciones, take the value 16,2%.

Un 29,8% de las importaciones realizadas en octubre de 2024 were machinery and equipment
transporte. Imports of food-related products also stand out. (18,0%)
and various manufactured articles (14,4%). El 77,2% of imports came from the rest
from Spain, mientras que el 11,1% were made from the rest of the EU-27_2020. El 89,5% they proceeded
from the whole of Europe and other 5,9% from America.

En cuanto a las exportaciones, el 22,5% corresponded to oil and its derivatives, el 19,0% a
machinery and transport equipment and 13,6% to food-related products. El 36,2%
of exports were destined for the rest of Spain, other 26,5% the rest of the EU-27_2020,
el 67,2% Europe and other 6,3% Africa.

Source:: Noticias Económicas de Canarias

      

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