The T-shirts made of cotton market in Uruguay has shown a steady growth trend from 2013 to 2023, with the market value per capita rising from $19.77 to $32.08. Notably, the market experienced year-on-year increases, peaking notably between 2019 and 2020 at 1.96%, and between 2020 and 2021 at 2.83%. The Compound Annual Growth Rate (CAGR) over the last five years was approximately 2.54%, indicating a moderate but consistent growth pattern.
Future trends to watch for include:
- Potential market saturation due to economic factors and consumer behavior shifts.
- The impact of sustainability trends on cotton production and T-shirt manufacturing.
- Influence of local and global supply chain dynamics.
| # | 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 | ||
| 23 | 23 Slovakia | 40.68 | 2023 | View data | ||
| 24 | 24 Montenegro | 33.41 | 2023 | View data | ||
| 25 | 25 Uruguay | 32.08 | 2023 | |||
| 26 | 26 Barbados | 25.32 | 2023 | View data | ||
| 27 | 27 Mexico | 11.22 | 2023 | View data | ||