Key Market Indicators
New Caledonia's clothing accessories export market is projected to see steady growth, reaching approximately $10,600 by 2028. This marks an increase from about $8,700 in 2023, representing an average annual growth rate of 3.1%. Since 2004, the region's supply has risen by an average of 5.7% each year. Conversely, the import market for clothing accessories in New Caledonia is experiencing a decline. By 2028, imports are expected to drop to around $113,600, down from roughly $127,900 in 2023. This translates to an average annual decrease of 1.9%. Over the past two decades, the demand for imported clothing accessories has decreased by an average of 2.1% annually. These contrasting trends highlight a growing self-sufficiency in the clothing accessories sector for New Caledonia, as exports continue to rise while imports wane.