The per capita value of the cotton T-shirts market in South Africa has seen fluctuations from 2013 to 2023, with a noticeable decline after 2013's peak. The value in 2023 stood at $9.48, showing stability yet minimal growth over recent years. In the past two years, values slightly declined, with a year-on-year variation largely negative. The 5-year compound annual growth rate (CAGR) reflects minor negative trends.
Future trends to watch:
- Shifts towards sustainable and ethical fashion might influence market demand.
- Economic fluctuations and consumer spending power could impact market dynamics.
- Potential increase in local textile production might alter market structure.
| # | 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 | ||
| 29 | 29 Namibia | 10.41 | 2023 | View data | ||
| 30 | 30 Sri Lanka | 10.19 | 2023 | View data | ||
| 31 | 31 South Africa | 9.48 | 2023 | |||
| 32 | 32 China | 9.46 | 2023 | View data | ||
| 33 | 33 Botswana | 5.75 | 2023 | View data | ||
