The fishing rods market size value per capita in Italy has shown a downward trend from 2013 to 2023, with the value per capita decreasing from $1.41 in 2013 to $0.77 in 2023. The most significant declines occurred between 2016 and 2019, reflecting a consistent reduction with a year-on-year variation. The notable decrease in 2020 onwards reflects a shift in market dynamics, possibly due to changes in recreational habits and economic factors. The compound annual growth rate (CAGR) over the last five years reveals an average yearly decline in market value.
Future trends to watch for include the increasing interest in sustainable fishing practices and potential rebounds in outdoor recreational activities, which could stimulate demand. Additionally, innovation in fishing gear technology and changing consumer preferences might drive variations in market size value.
| # | 19 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Iceland | 4.5 | 2023 | View data | ||
| 2 | 2 Australia | 4.26 | 2023 | View data | ||
| 3 | 3 Norway | 3.98 | 2023 | View data | ||
| 4 | 4 New Zealand | 3.77 | 2023 | View data | ||
| 5 | 5 Sweden | 3.28 | 2023 | View data | ||
| 13 | 13 United Kingdom | 1.05 | 2023 | View data | ||
| 14 | 14 Hungary | 0.92 | 2023 | View data | ||
| 15 | 15 Italy | 0.77 | 2023 | |||
| 16 | 16 Germany | 0.75 | 2023 | View data | ||
| 17 | 17 Switzerland | 0.53 | 2023 | View data | ||