The market value per capita for Women's or Girls' Jerseys, Pullovers, Sweatshirts, Waistcoats, and Cardigans of Man-Made Fibres in Latvia was 5.23 Euros in 2023. Over the last two years, the year-on-year growth showed a modest increase, marking a 0.58% rise from 2021 to 2022 and a 0.58% rise from 2022 to 2023. The compound annual growth rate (CAGR) for the last five years from 2018 to 2023 stands at approximately 1.46%, indicating a steady, albeit slow, upward trend in per capita spending.
Future trends to watch for include the potential impact of increasing consumer awareness of sustainable and eco-friendly materials. This could influence demand patterns as the demographics and consumer preferences evolve, and may lead to innovations in fabric technology and a rise in the popularity of sustainable fashion in this sector. Additionally, economic factors such as inflation rates and disposable income levels in Latvia will also be critical determinants of market performance.
How does Latvia rank in Women's or Girls' Jerseys, Pullovers, Sweatshirts, Waistcoats and Cardigans of Man-Made Fibres Market Size Value Per Capita?
| # | 14 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 27.38 | 2023 | View data | ||
| 2 | 2 Austria | 23.43 | 2023 | View data | ||
| 3 | 3 Belgium | 15.19 | 2023 | View data | ||
| 4 | 4 United Kingdom | 13.88 | 2023 | View data | ||
| 5 | 5 Germany | 13.56 | 2023 | View data | ||
| 11 | 11 Estonia | 7.41 | 2023 | View data | ||
| 12 | 12 Greece | 5.3 | 2023 | View data | ||
| 13 | 13 Latvia | 5.23 | 2023 | |||
| 14 | 14 Poland | 4.12 | 2023 | View data | ||
