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Latvia Wound Closure Industry Outlook 2022 - 2026

See how Latvia Wound Closure performed compared to key markets such as the United States, Belgium and Germany.

Key Market Indicators

Latvia's export of wound dressings is expected to fall slightly to $65.4 million by 2026, from $66.7 million in 2021. This represents an average annual decrease of 0.1%. Since 1999, Latvian supply has grown by an average of 2.8% each year. In 2021, the country was ranked 70th, being overtaken by Brunei with $66.7 million. Belgium, Germany and Austria respectively ranked 2nd, 3rd and 4th in this ranking. Latvia's import of wound dressings is predicted to drop to $1.8 million by 2026, from $1.9 million in 2021. This represents an average annual decrease of 0.6%. Since 1999, Latvian demand has decreased by an average of 2.8% each year. In 2021, the country was ranked 83rd, with Mozambique overtaking with $1.9 million. Germany, the United States and Japan respectively came in 2nd, 3rd and 4th in this ranking.

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