The fishing rods market in Switzerland saw a gradual decline from 2013 to 2023, with values fluctuating but generally trending downward. The market stood at 4.6401 million USD in 2023. Year-on-year variations illustrate this trend, with a significant drop in 2020 by 5.65%, a temporary recovery in 2021 by 4.77%, followed by marginal declines of around 0.46% in subsequent years. Over the last five years, the compound annual growth rate (CAGR) shows an average annual decrease of 0.43%.
Future trends to watch for include the impact of sustainability on consumer choices and innovations in fishing technology that could potentially rejuvenate market interest. Additionally, watch for shifts in leisure activities post-COVID-19, which may influence the demand and preferences for fishing equipment.
How does Switzerland rank in Fishing Rods Market Size Value?
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 1,561,600,000 | 2023 | +2.26% | +2% | View data |
| 2 | 2 France | 116,220,000 | 2023 | -1.98% | -0.37% | View data |
| 3 | 3 Australia | 113,220,000 | 2023 | +1.6% | -0.32% | View data |
| 4 | 4 United Kingdom | 72,851,000 | 2023 | -3.29% | -1.62% | View data |
| 5 | 5 Germany | 65,358,000 | 2023 | -6.24% | -6.25% | View data |
| 17 | 17 Austria | 10,601,000 | 2023 | -2.18% | +0.82% | View data |
| 18 | 18 Hungary | 8,369,100 | 2023 | +1.81% | +0.29% | View data |
| 19 | 19 Switzerland | 4,640,100 | 2023 | -0.46% | -0.43% | |
| 20 | 20 Portugal | 3,220,400 | 2023 | -12.21% | -8.77% | View data |
| 21 | 21 Latvia | 1,721,700 | 2023 | -2.1% | -1.31% | View data |
