The market for pullovers and cardigans made of cotton in Malta reached 11.652 million USD in 2023. Over the past decade, the market has seen fluctuating yet steady growth, with a notable increase in 2023 underpinned by a 1.85% year-over-year growth. The compound annual growth rate for the last five years stands at 2.45%, illustrating a consistent upward trajectory, despite some declines prior to 2018.
Future trends to monitor include:
- Shifts in consumer preferences towards sustainable and organic cotton products.
- Innovations in fabric technology, potentially enhancing product appeal.
- Impact of global retail dynamics and e-commerce developments on local market expansion and competition.
| # | 39 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 19,033,000,000 | 2023 | +3.2% | +2.89% | View data |
| 2 | 2 Japan | 7,123,300,000 | 2023 | -0.88% | +0.63% | View data |
| 3 | 3 Germany | 6,049,400,000 | 2023 | -0.57% | -1.08% | View data |
| 4 | 4 United Kingdom | 4,945,600,000 | 2023 | +0.44% | -0.75% | View data |
| 5 | 5 Italy | 4,476,600,000 | 2023 | +1.09% | -0.96% | View data |
| 34 | 34 Latvia | 27,616,000 | 2023 | +1.28% | +1.62% | View data |
| 35 | 35 Costa Rica | 13,416,000 | 2023 | -0.76% | -1.24% | View data |
| 36 | 36 Malta | 11,652,000 | 2023 | +1.85% | +2.45% | |
| 37 | 37 Montenegro | 9,153,200 | 2023 | +2.35% | +3.35% | View data |
| 38 | 38 Bolivia | 3,947,400 | 2023 | +0.35% | -0.055% | View data |
