The market size value per capita for pullovers and cardigans made of materials (excluding cotton, wool, or synthetic fibers) in Costa Rica demonstrated a downward trend from 2013 to 2023. The value decreased from $0.41 in 2013 to $0.16 in 2023, highlighting a significant decline. In 2023, the market stood at $0.16, reflecting an ongoing contraction. Year-on-year analysis showed a decline of 5.26% in 2022 and 11.11% in 2023. The compound annual growth rate (CAGR) over the last five years revealed an average annual decrease of approximately 8.66%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainable and eco-friendly materials.
- The impact of global supply chain disruptions on niche textile imports.
- Emerging market opportunities through tourism-driven retail sales.
