In 2023, Canada imported fishing rods valued at approximately 13 million USD. The forecast from 2024 to 2028 shows a slight decline in import values from 12.98 million USD to 12.867 million USD. The Year-on-Year variations for 2024 and 2025 are marginal at -0.231% and -0.224%, respectively, indicative of a subtle downward trend. The Compound Annual Growth Rate over the five-year forecasted period is approximately -0.17%, signifying a gradual decline in imports.
Future trends to watch for include shifts in consumer preferences towards local or alternative recreational activities, potential impacts of environmental regulations on fishing equipment, and economic factors influencing discretionary spending.
