From 2013 to 2023, the market size value per capita of men's and boys' trousers and shorts made of cotton in Guatemala increased steadily from $0.77 to $1.19. Year-on-year growth indicates a consistent upward trend, with notable growth in recent years.
- Between 2022 and 2023, there was a 2.6% increase.
- The compound annual growth rate (CAGR) over the last five years (2018-2023) was 2.7%.
Moving forward, factors to watch include changes in consumer preferences toward eco-friendly clothing, potential shifts in export-import dynamics, and the impact of inflation on purchasing power.
