The market size for pullovers and cardigans made of cotton in Bulgaria reached 55.126 million USD in 2023, continuing an upward trend from 2013. Notable fluctuations occurred with steep rises in 2014 and 2016. The last two years exhibited moderate growth rates with year-on-year variations hovering around 2.6%. A five-year CAGR of 2.9% indicates positive, albeit slowing momentum, compared to past spikes.
Future trends to watch include potential impacts from shifting consumer preferences towards sustainable and eco-friendly products, technological advancements in textile production, and the influence of global economic factors on imported raw materials and consumer buying behavior.
How does Bulgaria rank in Pullovers and Cardigans Made of Cotton Market Size Value?
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 19,033,000,000 | 2023 | +3.2% | +2.89% | View data |
| 2 | 2 Japan | 7,123,300,000 | 2023 | -0.88% | +0.63% | View data |
| 3 | 3 Germany | 6,049,400,000 | 2023 | -0.57% | -1.08% | View data |
| 4 | 4 United Kingdom | 4,945,600,000 | 2023 | +0.44% | -0.75% | View data |
| 5 | 5 Italy | 4,476,600,000 | 2023 | +1.09% | -0.96% | View data |
| 29 | 29 Morocco | 93,555,000 | 2023 | +2.79% | +1.09% | View data |
| 30 | 30 Slovenia | 70,452,000 | 2023 | +2.48% | +5.01% | View data |
| 31 | 31 Bulgaria | 55,126,000 | 2023 | +2.56% | +2.9% | |
| 32 | 32 Lithuania | 48,726,000 | 2023 | +3.27% | +4.86% | View data |
| 33 | 33 Bosnia and Herzegovina | 30,458,000 | 2023 | +2.36% | +1.8% | View data |