The fishing and hunting equipment market in Hungary reached a size of 11.958 million USD in 2023. Over the past decade, the market displayed fluctuations with both growth and declines. The year-on-year variation in 2023 was a marginal 1.38% increase, reflecting stability in recent years. The compound annual growth rate over the last five years was a modest 1.16%, indicating slow but steady market expansion.
Future trends to watch for include advancements in equipment technology, evolving consumer interests towards sustainable products, and the potential influence of regulatory changes affecting outdoor activities. The market may also experience shifts due to changes in discretionary spending and domestic tourism trends.
How does Hungary 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 |
| 14 | 14 Greece | 18,738,000 | 2023 | +0.53% | +0.13% | 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% | |
| 17 | 17 Morocco | 1,428,900 | 2023 | -0.67% | -0.48% | View data |
