The fishing and hunting equipment market in Morocco has experienced fluctuating values over the past decade. However, it stood at 1.4289 million USD in 2023, continuing the downward trend from previous years. The year-on-year decline from 2022 to 2023 was -0.67%, with a five-year CAGR of -0.48%. The market saw a notable drop in 2017 and further fluctuations influenced by various factors, leading to a significant dip in 2020, followed by slight recovery yet overall decline towards 2023.
Future trends to watch for include:
- Potential recovery in tourism impacting fishing and hunting activities.
- Increased interest in sustainable practices which might affect equipment sales.
- Technological enhancements in eco-friendly equipment gaining popularity.
How does Morocco rank in Fishing and Hunting Equipment Market Size Value?
| # | 17 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 2,258,500,000 | 2023 | +1.78% | +1.37% | View data |
| 2 | 2 China | 1,218,400,000 | 2023 | +3% | +2.79% | View data |
| 3 | 3 Japan | 656,490,000 | 2023 | -0.34% | -0.15% | View data |
| 4 | 4 France | 191,580,000 | 2023 | -0.28% | -0.11% | View data |
| 5 | 5 United Kingdom | 181,190,000 | 2023 | -0.69% | -0.63% | View data |
| 15 | 15 Switzerland | 16,587,000 | 2023 | +1.63% | +1.67% | View data |
| 16 | 16 Hungary | 11,958,000 | 2023 | +1.38% | +1.16% | View data |
| 17 | 17 Morocco | 1,428,900 | 2023 | -0.67% | -0.48% | |
