The market size for pullovers and cardigans made of synthetic fibers in Colombia showed a decreasing trend from 2013 to 2023, with a minor uptick in 2021. The market value stood at 138.49 million USD in 2023. From 2013 to 2020, there was a continuous decline, reaching a low in 2020, followed by a brief increase in 2021. The trend resumed its decline from 2022 onward. The average annual decline over the last five years was around 3.17%.
Future trends to watch for include:
- Potential shifts in consumer preferences towards sustainability, which could affect the demand for synthetic fibers.
- Technological advancements in the production of synthetic materials that may rejuvenate market interest.
- The impact of economic changes in Colombia that could influence disposable income and spending on apparel.
How does Colombia rank in Pullovers and Cardigans Made of Synthetic Fibres Market Size Value?
| # | 37 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 12,696,000,000 | 2023 | -0.7% | -1.3% | View data |
| 2 | 2 Germany | 7,081,100,000 | 2023 | +1.02% | -0.044% | View data |
| 3 | 3 Spain | 5,115,200,000 | 2023 | +1.96% | +1.92% | View data |
| 4 | 4 United Kingdom | 5,048,100,000 | 2023 | -0.47% | -1.09% | View data |
| 5 | 5 France | 5,046,500,000 | 2023 | -0.27% | -1.27% | View data |
| 25 | 25 Slovakia | 145,680,000 | 2023 | +1.58% | +1.05% | View data |
| 26 | 26 Hungary | 141,080,000 | 2023 | +4.36% | +3% | View data |
| 27 | 27 Colombia | 138,490,000 | 2023 | -3.87% | -3.17% | |
| 28 | 28 Croatia | 136,100,000 | 2023 | +6.26% | +1.65% | View data |
| 29 | 29 Morocco | 91,738,000 | 2023 | +2.29% | +3.45% | View data |
