Between 2013 and 2023, the fishing rods market size value per capita in Portugal decreased significantly. In 2023, it stood at $0.38, down from $0.76 in 2013, marking a sharp decline over the decade. From 2019 to 2023, a year-on-year decrease averaged around 4%, with the compound annual growth rate (CAGR) for the last five years also declining steadily by approximately 5.5% per year.
Future trends to watch for include:
- Potential market recovery driven by increased recreational fishing activities post-pandemic.
- Innovations in sustainable and eco-friendly fishing gear.
- Changes in consumer spending patterns, focusing on outdoor and leisure activities.
- Government policies impacting fishing and outdoor sports equipment sectors.
| # | 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 | ||
| 16 | 16 Germany | 0.75 | 2023 | View data | ||
| 17 | 17 Switzerland | 0.53 | 2023 | View data | ||
| 18 | 18 Portugal | 0.38 | 2023 | |||
| 19 | 19 South Africa | 0.26 | 2023 | View data | ||
