The market size value per capita for Women's or Girls' Trousers, Bib and Brace Overalls, Breeches, and Shorts of textile fabrics not knitted or crocheted in Latvia has seen a declining trend from 2013 to 2023. In 2013, the value stood at 7.21 Euros per capita, gradually peaking at 8.29 Euros in 2016 before starting a steady decline, reaching 7.03 Euros in 2023. Year-on-year variations revealed a consistent decrease in the market value, with the latest two-year decline from 2022 to 2023 being the most pronounced. Over the last five years, the compound annual growth rate (CAGR) has shown negative trends, averaging out to a yearly decrease in market size value per capita.
Future trends to watch for include:
- Potential recovery or stabilization in response to changing consumer behaviors and economic recovery post-pandemic.
- Impact of sustainable and eco-friendly fashion approaches as they gain popularity among consumers.
- Adapting to technological advancements in production and market innovations that might influence consumer choices and market dynamics.
- Influence of global economic conditions and trade policies on textile import and export within Latvia.
How does Latvia rank in Women's or Girls' Trousers, Bib and Brace Overalls, Breeches and Shorts of Textile Fabrics Not Knitted or Crocheted Market Size Value Per Capita?
| # | 16 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Austria | 43.24 | 2023 | View data | ||
| 2 | 2 Ireland | 37.56 | 2023 | View data | ||
| 3 | 3 Belgium | 22.96 | 2023 | View data | ||
| 4 | 4 Croatia | 22.73 | 2023 | View data | ||
| 5 | 5 France | 22 | 2023 | View data | ||
| 14 | 14 Slovenia | 14.12 | 2023 | View data | ||
| 15 | 15 Hungary | 8.08 | 2023 | View data | ||
| 16 | 16 Latvia | 7.03 | 2023 | |||
