The market size value per capita for pullovers and cardigans made of cotton in Morocco rose from $1.51 in 2013 to $2.54 in 2023. The market saw consistent growth over these years with a notable increase in annual values, especially between 2013 and 2018, representing robust demand. After a dip in 2019, the market rebounded, showing resilience even through 2020-2023. Between 2022 and 2023, the value grew by approximately 2.42%. Over the five-year period from 2018 to 2023, the compound annual growth rate (CAGR) indicates a healthy market growth trajectory.
Future trends to watch for:
- Potential impacts of global cotton price fluctuations on market pricing.
- Evolving consumer preferences towards sustainability, affecting material demand.
- Expansion and accessibility of e-commerce, potentially driving market reach and size.
| # | 37 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 103.08 | 2023 | View data | ||
| 2 | 2 Austria | 81.39 | 2023 | View data | ||
| 3 | 3 Netherlands | 81.02 | 2023 | View data | ||
| 4 | 4 Sweden | 77.24 | 2023 | View data | ||
| 5 | 5 Italy | 76.1 | 2023 | View data | ||
| 32 | 32 Mexico | 3.5 | 2023 | View data | ||
| 33 | 33 Costa Rica | 2.61 | 2023 | View data | ||
| 34 | 34 Morocco | 2.54 | 2023 | |||
| 35 | 35 South Africa | 2.38 | 2023 | View data | ||
| 36 | 36 Honduras | 0.35 | 2023 | View data | ||
