Between 2013 and 2023, the Pullovers and Cardigans Made of Synthetic Fibres market in Colombia experienced a consistent decline in value per capita from $4.53 to $2.49 USD. This represents a year-on-year decrease of 6.8% in 2022 and 6.4% in 2023. The compound annual growth rate (CAGR) over the last five years was approximately -5%. The downward trend indicates a decreasing consumer spending pattern on these synthetic fibre garments, possibly due to shifting fashion preferences or economic factors.
Future trends to watch for include:
- Potential market stabilization or reversal as global fashion trends fluctuate.
- Impact of sustainable and alternative fibres gaining popularity over synthetic fibres.
- Influence of economic recovery measures and increasing disposable incomes on consumer choices.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 109.81 | 2023 | View data | ||
| 2 | 2 Spain | 108.46 | 2023 | View data | ||
| 3 | 3 Japan | 100.9 | 2023 | View data | ||
| 4 | 4 Austria | 92.1 | 2023 | View data | ||
| 5 | 5 Netherlands | 79.87 | 2023 | View data | ||
| 30 | 30 Mexico | 6.82 | 2023 | View data | ||
| 31 | 31 South Africa | 4.61 | 2023 | View data | ||
| 32 | 32 Colombia | 2.49 | 2023 | |||
| 33 | 33 Morocco | 2.48 | 2023 | View data | ||
| 34 | 34 Ecuador | 1.78 | 2023 | View data | ||
