Between 2013 and 2023, Botswana's per capita market size for cotton T-shirts declined from $7.54 to $5.75. Over the last decade, the market has experienced a steady downtrend, reflecting a compound annual growth rate (CAGR) decline. Notably, from 2022 to 2023, there was a 2.4% decrease. The past five years showed an average annual decrease of around 2.0%. In 2023, the value was $5.75.
Future trends to watch include potential recovery driven by increased consumer spending power and a shift towards sustainable fashion, which may enhance demand for eco-friendly cotton products. Monitoring economic policies and regional trade agreements will also be crucial for market 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 | ||
| 31 | 31 South Africa | 9.48 | 2023 | View data | ||
| 32 | 32 China | 9.46 | 2023 | View data | ||
| 33 | 33 Botswana | 5.75 | 2023 | |||
| 34 | 34 Morocco | 4.86 | 2023 | View data | ||
| 35 | 35 Pakistan | 3.98 | 2023 | View data | ||
