The cotton trousers and shorts market for women and girls in Peru showed a declining trend from 2013 to 2018 with a decrease in per capita value from $2.17 to $1.53. After reaching this low, a slight recovery occurred, fluctuating between $1.78 in 2019 and stabilizing around $1.69 in 2023. The year-on-year variation between 2022 and 2023 was a minor decline. The compound annual growth rate (CAGR) over the past five years was negative, signaling challenges in growth amidst economic conditions.
Future trends to watch for:
- Consumer preference shifts towards sustainable and locally made products.
- The impact of global cotton prices on production costs.
- Potential recovery based on increasing disposable incomes and fashion trends.
| # | 22 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 34.22 | 2023 | View data | ||
| 2 | 2 Switzerland | 30.73 | 2023 | View data | ||
| 3 | 3 Netherlands | 28.31 | 2023 | View data | ||
| 4 | 4 United Kingdom | 25.74 | 2023 | View data | ||
| 5 | 5 France | 23.45 | 2023 | View data | ||
| 16 | 16 Indonesia | 2.6 | 2023 | View data | ||
| 17 | 17 Costa Rica | 1.84 | 2023 | View data | ||
| 18 | 18 Peru | 1.69 | 2023 | |||
| 19 | 19 South Africa | 1.49 | 2023 | View data | ||
| 20 | 20 Pakistan | 0.67 | 2023 | View data | ||