Key Market Indicators
Latvian hair care imports are expected to reach $29 million by 2026, up from $27 million in 2021. This is a 1.4% year-on-year growth rate. Since 1999, demand for hair care products in Latvia has increased by 4.4% annually. In 2021, Latvia was ranked 79th in the world, with Uruguay ahead at $27 million. The United Kingdom, Germany and China came in second, third and fourth place respectively. Exports of Latvian hair care products will reach $13 million by 2026, up from $12 million in 2021. This is a 1.5% year-on-year growth rate. Since 1999, Latvian supply has risen by 6.6% annually. In 2021, Latvia was ranked 57th in the world, with Luxembourg overtaking at $12 million. The United States, Italy and France came in second, third and fourth place respectively.