The fishing rods market size value per capita in Germany has shown a consistent decline from 2013 to 2023. In 2013, the value stood at 1.23 USD per capita and decreased progressively to 0.75 USD per capita by 2023. The most notable drop occurred post-2015, with an accelerated decline from 2019 onwards. The year-on-year variation from 2022 to 2023 displayed a reduction of approximately 7.41%, following an 8.05% decrease from 2021 to 2022. Over the past five years, the compound annual growth rate (CAGR) was a negative value, marking a significant trend of contraction in the market size.
Future trends to watch for include potential market stabilization as outdoor recreation gains popularity. Innovations and sustainable practices in fishing gear production could drive consumer interest. Monitoring changes in consumer behavior post-2023 will be crucial to foresee any market recovery or further declines.
| # | 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 | ||
| 14 | 14 Hungary | 0.92 | 2023 | View data | ||
| 15 | 15 Italy | 0.77 | 2023 | View data | ||
| 16 | 16 Germany | 0.75 | 2023 | |||
| 17 | 17 Switzerland | 0.53 | 2023 | View data | ||
| 18 | 18 Portugal | 0.38 | 2023 | View data | ||
