Between 2013 and 2023, the market size for pullovers and cardigans made of cotton in Latvia showed fluctuations with a notable growth trend in recent years. By 2023, the per capita value stood at $15.72, indicating steady growth from 2020. The last two years saw year-on-year variations of 2.5% and 2.8%, respectively. The 5-year CAGR reached approximately 3.5%, showcasing a positive trajectory.
Future trends to watch for include:
- An increased demand for eco-friendly and sustainable cotton products.
- Potential impact of economic changes on consumer spending habits.
- Influence of fashion trends on purchasing behaviors in Latvia.
| # | 37 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 103.08 | 2023 | View data | ||
| 2 | 2 Austria | 81.39 | 2023 | View data | ||
| 3 | 3 Netherlands | 81.02 | 2023 | View data | ||
| 4 | 4 Sweden | 77.24 | 2023 | View data | ||
| 5 | 5 Italy | 76.1 | 2023 | View data | ||
| 22 | 22 Slovakia | 19.51 | 2023 | View data | ||
| 23 | 23 Lithuania | 17.59 | 2023 | View data | ||
| 24 | 24 Latvia | 15.72 | 2023 | |||
| 25 | 25 Romania | 15.17 | 2023 | View data | ||
| 26 | 26 Montenegro | 14.7 | 2023 | View data | ||
