The market size for pullovers and cardigans made of synthetic fibers in Norway reached 405.68 million USD by 2023, demonstrating a steady recovery from 2020's low point of 336.7 million USD due to a significant dip in demand. Year-on-year variations indicate stability in 2022 and 2023, following a resurgence in 2021. The five-year CAGR stands at a slightly negative figure, reflecting the volatility experienced between 2020 and 2023.
Future trends to watch for:
- Growing consumer preference for sustainable synthetic fibers could influence market dynamics.
- Technological advancements in production could reduce costs and increase market competitiveness.
- Potential disruptions from global supply chain issues may affect pricing and availability.
How does Norway rank in Pullovers and Cardigans Made of Synthetic Fibres Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,696,000,000 | 2023 | -0.7% | -1.3% | View data |
| 2 | 2 Germany | 7,081,100,000 | 2023 | +1.02% | -0.044% | View data |
| 3 | 3 Spain | 5,115,200,000 | 2023 | +1.96% | +1.92% | View data |
| 4 | 4 United Kingdom | 5,048,100,000 | 2023 | -0.47% | -1.09% | View data |
| 5 | 5 France | 5,046,500,000 | 2023 | -0.27% | -1.27% | View data |
| 17 | 17 Israel | 519,620,000 | 2023 | +3.09% | +3.87% | View data |
| 18 | 18 Belgium | 445,560,000 | 2023 | -1.53% | -0.92% | View data |
| 19 | 19 Norway | 405,680,000 | 2023 | +0.001% | -0.14% | |
| 20 | 20 Czech Republic | 405,020,000 | 2023 | +3.29% | +3.14% | View data |
| 21 | 21 South Africa | 276,440,000 | 2023 | +1.62% | +1.76% | View data |