The market size value per capita for Men's or Boys' Underpants and Briefs of Textile Fabric Not Knitted or Crocheted in Latvia increased from 0.14 Euros in 2013 to 0.39 Euros in 2023. Year-on-year growth has been positive, with notable annual increases particularly in recent years. From 2022 to 2023, the market observed an increase of approximately 8.3%. The Compound Annual Growth Rate (CAGR) for the five-year period leading up to 2023 is around 9.8% annually, indicating robust expansion.
Looking forward, trends to watch include the influence of sustainable materials and eco-conscious consumer preferences, as well as potential impacts from economic factors that could affect consumer purchasing power and market dynamics in Latvia.
How does Latvia rank in Men's or Boys' Underpants and Briefs of Textile Fabric Not Knitted or Crocheted Market Size Value Per Capita?
| # | 6 Countries | Euros Per Capita | Last Year | |
|---|---|---|---|---|
| 1 | 1 Austria | 0.88 | 2023 | View data |
| 2 | 2 France | 0.55 | 2023 | View data |
| 3 | 3 Greece | 0.5 | 2023 | View data |
| 4 | 4 Latvia | 0.39 | 2023 | |
| 5 | 5 Czech Republic | 0.33 | 2023 | View data |
| 6 | 6 Finland | 0.17 | 2023 | View data |
