The Fishing Rods market size per capita in Singapore saw a consistent decline from 2013 to 2023, decreasing from $3.65 to $2.82. Specifically, there was a notable year-on-year decline in the last two years, with a reduction of 1.7% from 2021 to 2022 and a 1.7% decrease again to 2023. Over the last five years, the compound annual growth rate (CAGR) has been negative, reflecting an average decline of 3.1% each year.
Looking ahead, it is crucial to monitor shifts in consumer preferences, potential economic recovery, and environmental policies that may affect leisure activities like fishing. Additionally, any technological innovations in fishing equipment could potentially stimulate market interest and 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 | View data | ||
| 7 | 7 Singapore | 2.82 | 2023 | |||
| 8 | 8 Finland | 2.69 | 2023 | View data | ||
| 9 | 9 France | 1.69 | 2023 | View data | ||
