The market for pullovers and cardigans made of cotton in South Africa has shown a general upward trend from 2013 to 2023, reaching a per capita value of $2.38 in 2023. Between 2013 and 2023, the market experienced fluctuations with the lowest value in 2016 at $1.95 and a peak in 2020 at $2.39. In the last two years, growth has stabilized slightly below the peak with the per capita value remaining at $2.37 in 2021 and 2022 and a slight increase in 2023. The compound annual growth rate over the last five years demonstrates a modest upward trend.
Looking ahead, key trends to watch include potential impacts of economic shifts on consumer purchasing power, evolving fashion trends favoring sustainable and versatile materials such as cotton, and potential influences of trade policies on import and pricing dynamics. Monitoring these factors will be crucial for market stakeholders to adapt strategies accordingly.
| # | 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 | ||
| 33 | 33 Costa Rica | 2.61 | 2023 | View data | ||
| 34 | 34 Morocco | 2.54 | 2023 | View data | ||
| 35 | 35 South Africa | 2.38 | 2023 | |||
| 36 | 36 Honduras | 0.35 | 2023 | View data | ||
| 37 | 37 Bolivia | 0.34 | 2023 | View data | ||
