From 2013 to 2023, the fishing rods market size value per capita in Denmark exhibited fluctuations, peaking at USD 3.58 in 2015 before experiencing a dip in 2016. The value slightly stabilized at USD 3.24 in recent years (2021-2023). Notably, the year-on-year variation was steady from 2021 to 2023 at 0%, suggesting market consolidation. The Compound Annual Growth Rate (CAGR) over the last five years indicated average annual growth of 0.48%.
Future trends to watch for:
- Potential impact of environmental regulations on fishing equipment manufacturing.
- Increasing interest in sustainable and eco-friendly fishing practices.
- Technological advancements in fishing rod materials and design influencing market growth.
| # | 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 | ||
| 6 | 6 Denmark | 3.24 | 2023 | |||
| 7 | 7 Singapore | 2.82 | 2023 | View data | ||
| 8 | 8 Finland | 2.69 | 2023 | View data | ||
