The Fishing and Hunting Equipment market in Antigua and Barbuda saw fluctuations over the past decade, stabilizing lately at a value of 110.39 thousand US dollars in 2023. This value represents a modest increase compared to previous years, with a year-on-year growth of around 0.57% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years was approximately 0.61%, showcasing steady albeit slow growth.
Future trends to watch for include:
- Global environmental policies impacting fishing regulations.
- Technological advancements in equipment.
- Changing consumer preferences towards sustainable products.