The T-shirt made of cotton market in Morocco has shown consistent growth over the past decade, reaching a value of $4.86 USD per capita in 2023. This represents a steady increase from $3.43 USD in 2013. Analyzing the variation over the last two years, 2022 saw a year-on-year growth of 1.92% from 2021, while 2023 experienced a 1.89% growth from 2022. Over a five-year analysis, the compound annual growth rate (CAGR) stood at approximately 1.89%, demonstrating a stable and gradual market expansion.
Future trends to watch for include:
- Increased demand for sustainable and organic cotton T-shirts due to rising consumer awareness of environmental impacts.
- Potential market fluctuations due to economic changes and international trade policies affecting cotton supply chains.
- Continued growth opportunities driven by the fashion industry’s focus on casual wear and lifestyle changes embracing comfortable clothing options.
| # | 41 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Netherlands | 118.82 | 2023 | View data | ||
| 2 | 2 Spain | 112.49 | 2023 | View data | ||
| 3 | 3 United Kingdom | 110.82 | 2023 | View data | ||
| 4 | 4 Australia | 99.44 | 2023 | View data | ||
| 5 | 5 Germany | 96.48 | 2023 | View data | ||
| 32 | 32 China | 9.46 | 2023 | View data | ||
| 33 | 33 Botswana | 5.75 | 2023 | View data | ||
| 34 | 34 Morocco | 4.86 | 2023 | |||
| 35 | 35 Pakistan | 3.98 | 2023 | View data | ||
| 36 | 36 Indonesia | 3.2 | 2023 | View data | ||
