The Market Size Value for Pullovers and Cardigans Made of Synthetic Fibres in Morocco has experienced noteworthy fluctuations. Between 2013 and 2023, the value increased from 54.941 million USD to 91.738 million USD. Despite a sharp contraction in 2020, the market rebounded strongly in 2021. In 2023, it reached a significant growth with a 2.29% increase year-on-year. The CAGR over the past five years stands at 3.45%, indicating a moderate upward trend. This growth trend is a strong indicator of increasing demand or market expansion.
Future trends to watch for:
- Consistency in growth rates post-pandemic recovery could stabilize the market.
- The increasing interest in sustainable synthetic fibers might shape consumer preferences.
- Innovations in synthetic materials could influence market dynamics and cost structures.
How does Morocco rank in Pullovers and Cardigans Made of Synthetic Fibres Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,696,000,000 | 2023 | -0.7% | -1.3% | View data |
| 2 | 2 Germany | 7,081,100,000 | 2023 | +1.02% | -0.044% | View data |
| 3 | 3 Spain | 5,115,200,000 | 2023 | +1.96% | +1.92% | View data |
| 4 | 4 United Kingdom | 5,048,100,000 | 2023 | -0.47% | -1.09% | View data |
| 5 | 5 France | 5,046,500,000 | 2023 | -0.27% | -1.27% | View data |
| 27 | 27 Colombia | 138,490,000 | 2023 | -3.87% | -3.17% | View data |
| 28 | 28 Croatia | 136,100,000 | 2023 | +6.26% | +1.65% | View data |
| 29 | 29 Morocco | 91,738,000 | 2023 | +2.29% | +3.45% | |
| 30 | 30 Slovenia | 64,629,000 | 2023 | +1.31% | +1.57% | View data |
| 31 | 31 Estonia | 34,578,000 | 2023 | +0.27% | -1.03% | View data |
