The market for Women's or Girls' Trousers, Bib and Brace Overalls, Breeches, and Shorts of Textile Fabrics Not Knitted or Crocheted in Latvia has experienced a gradual decline in value from 2016 onward, standing at 13.567 million Euros in 2023. From 2013 to 2016, the market saw growth, reaching a peak before a declining trend began in 2017. The negative year-on-year variation figures from 2019 to 2023 indicate persistent downward pressure, with a CAGR of -2.07% for the last five years.
Looking ahead, factors such as global fashion trends, environmental concerns leading to sustainable practices, and consumer behavior shifts in purchasing preferences could influence market dynamics. It's crucial to watch for innovations in textile technology and economic conditions impacting consumer spending.
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,546,900,000 | 2023 | +5.95% | +0.45% | View data |
| 2 | 2 Germany | 1,390,000,000 | 2023 | +4.53% | -1.06% | View data |
| 3 | 3 United Kingdom | 1,344,100,000 | 2023 | -0.35% | +0.44% | View data |
| 4 | 4 Spain | 672,640,000 | 2023 | -1.75% | -1.99% | View data |
| 5 | 5 Austria | 377,600,000 | 2023 | +1.82% | +0.64% | View data |
| 14 | 14 Slovenia | 29,673,000 | 2023 | +2.1% | -1.34% | View data |
| 15 | 15 Estonia | 22,492,000 | 2023 | +2.82% | +3.9% | View data |
| 16 | 16 Latvia | 13,567,000 | 2023 | -1.25% | -2.07% | |