In Bosnia and Herzegovina, the knitted or crocheted pile fabric market showed a value of $3.34 per capita in 2023. There was a minor increase from 2022, marking a year-on-year growth of approximately 2.5%. Over the past five years, the compound annual growth rate (CAGR) was around 1.7%, reflecting a steady upward trend despite fluctuations.
Future trends to watch for include potential market expansion driven by increased demand for sustainable textile materials and innovations in fabric technology. The economic conditions in the region and changes in consumer preferences could also significantly influence the market dynamics in the coming years.
| # | 19 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Sri Lanka | 4.82 | 2023 | View data | ||
| 2 | 2 Lithuania | 4.8 | 2023 | View data | ||
| 3 | 3 Colombia | 4.73 | 2023 | View data | ||
| 4 | 4 Brazil | 4.35 | 2023 | View data | ||
| 5 | 5 Romania | 3.76 | 2023 | View data | ||
| 6 | 6 Bosnia and Herzegovina | 3.34 | 2023 | |||
| 7 | 7 Spain | 2.77 | 2023 | View data | ||
| 8 | 8 Greece | 2.64 | 2023 | View data | ||
