The European Major Durables for Outdoor Recreation HICP indicates varied growth across countries. In 2023, Norway led with a high HICP value of 13.52, whereas Greece had the lowest at 9.76. Key year-on-year variations in 2022 include Luxembourg (+6.79%), Germany (+5.63%), and the Netherlands (+4.16%). Over the last five years, growth has been significant, with a strong CAGR for countries like Luxembourg and Germany, indicating robust market demand in these regions.
Future trends to watch include technological advancements and sustainability influencing product development and pricing. Economic conditions, consumer preferences, and regulatory changes will likely impact future HICP variations in the European outdoor recreation market.
Top countries in Major Durables for Outdoor Recreation HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Norway | 135.2 | 2022 | +8.51% | View data | |
| 2 | 2 Netherlands | 129.19 | 2022 | +9.61% | +4.16% | View data |
| 3 | 3 Luxembourg | 128.72 | 2022 | +16.01% | +6.79% | View data |
| 4 | 4 Italy | 127.1 | 2022 | +13.79% | +4.09% | View data |
| 5 | 5 Denmark | 125.8 | 2022 | +11.52% | +3.88% | View data |
| 6 | 6 Germany | 123.5 | 2022 | +11.66% | +5.63% | View data |
| 7 | 7 Cyprus | 117.55 | 2022 | +4.07% | View data | |
| 8 | 8 Malta | 117.27 | 2022 | +10.17% | View data | |
| 9 | 9 Finland | 117.18 | 2022 | +7.49% | View data | |
| 10 | 10 Sweden | 115.42 | 2022 | +5.78% | +2.9% | View data |
