The T-shirts made of cotton market in Namibia has shown a modest growth pattern from 2013 to 2023, with a value standing at 26.97 million USD in 2023. The market witnessed a year-on-year increase ranging between 0.52% and 7.56%, indicating fluctuations in the growth rate. The past two years have seen an average increase of around 0.9%. Over the last five years, the Compound Annual Growth Rate (CAGR) is approximately 0.41%, reflecting a stable but slow growth trend.
Future trends to watch for include potential factors such as changes in consumer preferences towards sustainable cotton, effects of economic conditions on disposable income, and potential disruptions in supply chain dynamics that could influence market growth.
How does Namibia rank in T-Shirts Made of Cotton Market Size Value?
| # | 45 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 29,853,000,000 | 2023 | +0.58% | +0.29% | View data |
| 2 | 2 China | 13,297,000,000 | 2023 | +2.23% | +2.46% | View data |
| 3 | 3 United Kingdom | 7,492,800,000 | 2023 | +0.49% | +0.93% | View data |
| 4 | 4 Germany | 7,415,300,000 | 2023 | -2.06% | -3.07% | View data |
| 5 | 5 Japan | 6,158,900,000 | 2023 | -1.79% | -0.83% | View data |
| 35 | 35 Costa Rica | 54,085,000 | 2023 | +0.62% | +0.16% | View data |
| 36 | 36 Cyprus | 52,526,000 | 2023 | -0.88% | -0.53% | View data |
| 37 | 37 Namibia | 26,970,000 | 2023 | +0.9% | +0.41% | |
| 38 | 38 Montenegro | 20,260,000 | 2023 | +2.36% | +1.94% | View data |
| 39 | 39 Honduras | 17,353,000 | 2023 | +1.28% | +2.05% | View data |
