The market size value per capita for pullovers and cardigans made of cotton in Montenegro demonstrated a steady growth from 2013 to 2023, reaching $14.70 in 2023. The year-on-year growth rates for the last two years were 2.4% in 2022 and 2.3% in 2023, indicating a consistent upward trend. The compound annual growth rate (CAGR) over the past five years was 3.1%, suggesting a moderate and stable expansion in market demand and consumer spending within this clothing category.
Looking forward, it is crucial to observe emerging fashion trends, variations in cotton prices, and potential economic factors influencing consumer purchasing power, as these could impact market growth trajectory.
| # | 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 | ||
| 24 | 24 Latvia | 15.72 | 2023 | View data | ||
| 25 | 25 Romania | 15.17 | 2023 | View data | ||
| 26 | 26 Montenegro | 14.7 | 2023 | |||
| 27 | 27 China | 13.81 | 2023 | View data | ||
| 28 | 28 Bosnia and Herzegovina | 9.34 | 2023 | View data | ||
