From 2013 to 2023, the New Zealand fishing rods market displayed fluctuating trends, with the market value in 2023 recorded at $19.294 million. This reflects an incremental rise in recent years, with a year-on-year variation of 1.05% in 2023. The five-year compound annual growth rate (CAGR) reveals a slight dip, indicating minor declines alongside periods of revival, especially from 2017, peaking notably in 2018. The market demonstrated resilience post-2020, maintaining a slow upward trajectory towards 2023.
Future trends to watch for:
- Environmental sustainability influencing consumer preferences.
- Technological advancements in fishing equipment.
- Impact of tourism on domestic fishing activities.
How does New Zealand 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 |
| 10 | 10 Netherlands | 22,060,000 | 2023 | -6.53% | -5.91% | View data |
| 11 | 11 Norway | 21,655,000 | 2023 | +0.4% | +0.9% | View data |
| 12 | 12 New Zealand | 19,294,000 | 2023 | +1.05% | -0.42% | |
| 13 | 13 Denmark | 19,036,000 | 2023 | +0.25% | -1.16% | View data |
| 14 | 14 Singapore | 18,189,000 | 2023 | +2.11% | +0.37% | View data |
