In Montenegro, the market size value per capita for pullovers and cardigans made of synthetic fibers has shown a steady growth from 2013 to 2023, increasing from $7.44 to $12.08 USD per capita.
Year-on-year variations reveal a recovery after a dip in 2020 with a 24.1% increase in 2021, followed by smaller increments in 2022 and 2023. Over the last five years, the compound annual growth rate (CAGR) is approximately 4.3%.
Future trends to watch for:
- The impact of sustainability trends and demand for eco-friendly products could affect synthetic fiber demand.
- Economic conditions and consumer spending power in Montenegro will play a significant role in shaping market dynamics.
| # | 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 | ||
| 27 | 27 Hungary | 15.09 | 2023 | View data | ||
| 28 | 28 Cyprus | 14.56 | 2023 | View data | ||
| 29 | 29 Montenegro | 12.08 | 2023 | |||
| 30 | 30 Mexico | 6.82 | 2023 | View data | ||
| 31 | 31 South Africa | 4.61 | 2023 | View data | ||
