From 2013 to 2023, the value per capita for T-shirts made of cotton in Sweden decreased significantly from $93.49 to $66.05 USD. The year-on-year variation revealed a consistent decline, especially notable over the last two years, as it shrank from $67.81 in 2021 to $66.05 in 2023, indicating a downturn of around 2.6%. The compounded annual growth rate (CAGR) from 2018 to 2023 averaged at approximately -1.17% yearly, marking a continuous contraction over this period.
Future trends to watch for include:
- The impact of sustainable fashion, as consumer preferences might shift towards environmentally friendly options.
- Fluctuations in cotton prices and supply chain dynamics, which could influence market stability.
- Changes in consumer purchasing power due to economic factors, potentially affecting demand.
| # | 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 | ||
| 8 | 8 France | 84.74 | 2023 | View data | ||
| 9 | 9 Croatia | 69.24 | 2023 | View data | ||
| 10 | 10 Sweden | 66.05 | 2023 | |||
| 11 | 11 Switzerland | 63.99 | 2023 | View data | ||
| 12 | 12 New Zealand | 63.77 | 2023 | View data | ||
