The market size value per capita for pullovers and cardigans made of synthetic fibers in Latvia has shown a moderate fluctuation over the past decade. In 2023, it stood at $15.54. The year-on-year trend indicates an average increase of approximately 0.19% over the past two years. The compound annual growth rate (CAGR) from 2019 to 2023 was around 0.81%, signifying a slight upward trajectory despite earlier declines observed from 2013 to 2020.
Future trends to watch for include:
- A growing demand for sustainable and eco-friendly synthetic fibers as consumer awareness increases.
- The potential impact of economic fluctuations on consumer purchasing power in Latvia.
- Technological advancements in synthetic fiber production that may affect pricing and consumption patterns.
- Influence of fashion trends and preferences towards casual wear, impacting the demand for pullovers and cardigans.
| # | 34 Countries | US Dollars Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Switzerland | 109.81 | 2023 | View data | ||
| 2 | 2 Spain | 108.46 | 2023 | View data | ||
| 3 | 3 Japan | 100.9 | 2023 | View data | ||
| 4 | 4 Austria | 92.1 | 2023 | View data | ||
| 5 | 5 Netherlands | 79.87 | 2023 | View data | ||
| 24 | 24 Slovakia | 26.66 | 2023 | View data | ||
| 25 | 25 Estonia | 26.09 | 2023 | View data | ||
| 26 | 26 Latvia | 15.54 | 2023 | |||
| 27 | 27 Hungary | 15.09 | 2023 | View data | ||
| 28 | 28 Cyprus | 14.56 | 2023 | View data | ||
