The Canadian fishing rods market has experienced a consistent decline in value from 2013 to 2023, ending at USD 50.301 million. Over the last decade, noticeable fluctuations occurred, with decreases outweighing minimal growth. The last two years alone witnessed declines around 1.55% year-on-year. Across the previous five years, the market's compounded annual growth rate (CAGR) settled at -0.67%, reflecting a persistent downtrend.
Key trends to watch for in the future include potential market recovery driven by innovations in fishing technology, increased recreational fishing activities, and sustainability trends influencing consumer preferences.
How does Canada rank in Fishing Rods Market Size Value?
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,561,600,000 | 2023 | +2.26% | +2% | View data |
| 2 | 2 France | 116,220,000 | 2023 | -1.98% | -0.37% | View data |
| 3 | 3 Australia | 113,220,000 | 2023 | +1.6% | -0.32% | View data |
| 4 | 4 United Kingdom | 72,851,000 | 2023 | -3.29% | -1.62% | View data |
| 5 | 5 Germany | 65,358,000 | 2023 | -6.24% | -6.25% | View data |
| 6 | 6 Canada | 50,301,000 | 2023 | -1.55% | -0.67% | |
| 7 | 7 Italy | 43,338,000 | 2023 | -9.22% | -8.36% | View data |
| 8 | 8 Sweden | 34,365,000 | 2023 | +0.93% | +2.47% | View data |
