Between 2013 and 2023, the value per capita of track suits made of synthetic fibers in South Africa declined from $0.55 to $0.26. This represents an overall declining trend with a moderate drop in value, especially pronounced from 2015 to 2020. Year-on-year analysis for the last two years shows a decrease of 7.14% in 2022 and a further 7.14% in 2023. Over the last five years, the compound annual growth rate (CAGR) stands at -4.12%, indicating a consistent decrease in consumer spending on these products.
Future trends to watch for include advancements in synthetic materials, potential consumer shifts toward sustainable fabrics, and economic factors that may influence spending behaviors and market recovery.
| # | 15 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 2.43 | 2023 | View data | ||
| 2 | 2 France | 2.38 | 2023 | View data | ||
| 3 | 3 Netherlands | 2.22 | 2023 | View data | ||
| 4 | 4 Switzerland | 1.84 | 2023 | View data | ||
| 5 | 5 Germany | 1.55 | 2023 | View data | ||
| 10 | 10 Ireland | 0.48 | 2023 | View data | ||
| 11 | 11 Poland | 0.29 | 2023 | View data | ||
| 12 | 12 South Africa | 0.26 | 2023 | |||
| 13 | 13 China | 0.19 | 2023 | View data | ||
| 14 | 14 Morocco | 0.17 | 2023 | View data | ||
