The cotton briefs and panties market in Cyprus has shown a decreasing trend, declining from USD 3.68 per capita in 2013 to USD 2.59 in 2023. This represents an average annual decrease (CAGR) of approximately 3.34% over the past five years, as the market shifted downwards from USD 3.03 in 2018. Year-on-year from 2021 to 2023, the market fell by roughly 3.6%, indicating a consistent downward trajectory even in recent years. As of 2023, the value stood at USD 2.59 per capita.
Future trends to watch for include potential shifts in consumer preferences towards sustainable and premium products, increased e-commerce penetration, and the impact of economic factors on consumer spending. Market recovery or further decline will likely be influenced by these elements and their evolution in Cyprus's market context.
| # | 30 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Australia | 11.64 | 2023 | View data | ||
| 2 | 2 Switzerland | 10.27 | 2023 | View data | ||
| 3 | 3 Netherlands | 9.78 | 2023 | View data | ||
| 4 | 4 Germany | 8.82 | 2023 | View data | ||
| 5 | 5 France | 8.63 | 2023 | View data | ||
| 18 | 18 Portugal | 4.21 | 2023 | View data | ||
| 19 | 19 Estonia | 2.84 | 2023 | View data | ||
| 20 | 20 Cyprus | 2.59 | 2023 | |||
| 21 | 21 Slovakia | 2.53 | 2023 | View data | ||
| 22 | 22 China | 1.77 | 2023 | View data | ||
