Key Market Indicators
Sales of leather clothes in Latvia are projected to reach €180,000 by 2026, down 1.1% from 2021. Since 2013, the market has grown 14.9% on average each year. Latvia was ranked 22nd in 2021, behind Denmark with €200,000 in sales. France, Germany, and Poland occupied the next three spots in the ranking. Import of leather clothes in Latvia is expected to reach 349,080 kilograms by 2026, up 4.5% from 2021. Since 1999, demand in Latvia has risen 71.1% annually. Export of leather clothes in Latvia is estimated to reach 330,770 kilograms by 2026, 5% higher than in 2021. Since 1999, the supply of these products has grown 101.7% on average each year.
