From 2013 to 2023, Finland's T-shirts made of cotton market showed a downward trend in value per capita, decreasing from $69.64 to $41.46. The recent year-on-year variations indicate continued decline with 2022 to 2023 showing a drop of approximately 3.9%. Over the last five years, the compound annual growth rate (CAGR) was negative, reflecting a consistent average annual decrease.
Future trends to watch for include the growing consumer inclination towards sustainability, which could influence demand for organic cotton and ethically produced garments. Also, the potential economic impacts and consumer spending behavior changes should be considered in this market's trajectory.
| # | 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 | ||
| 20 | 20 Cyprus | 42.67 | 2023 | View data | ||
| 21 | 21 Singapore | 42.22 | 2023 | View data | ||
| 22 | 22 Finland | 41.46 | 2023 | |||
| 23 | 23 Slovakia | 40.68 | 2023 | View data | ||
| 24 | 24 Montenegro | 33.41 | 2023 | View data | ||
