The Women's or Girls' Trousers and Breeches of Denim market in Latvia has shown a remarkable growth journey from 2013 to 2023. By 2023, the value per capita reached 3.6 Euros, marking a significant increase from 2.92 Euros in 2013. Notable year-on-year growth can be observed particularly between 2020 and 2021 at approximately 7.95% and from 2021 to 2022 at about 5.83%. The Compound Annual Growth Rate (CAGR) over the past five years stands at 7.85%, indicating a robust upward trend.
Future trends suggest a continued increase in per capita value, fueled by a growing interest in fashionable, sustainable denim coupled with Latvia's improving economic conditions. Key factors to monitor include changes in consumer preferences towards eco-friendly and feature-rich denim products, alongside shifts in global trade policies that could impact pricing and availability.
How does Latvia rank in Women's or Girls' Trousers and Breeches of Denim Market Size Value Per Capita?
| # | 12 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Ireland | 14.71 | 2023 | View data | ||
| 2 | 2 Austria | 11.72 | 2023 | View data | ||
| 3 | 3 France | 7.72 | 2023 | View data | ||
| 4 | 4 United Kingdom | 6.81 | 2023 | View data | ||
| 5 | 5 Germany | 6.28 | 2023 | View data | ||
| 9 | 9 Sweden | 4.48 | 2023 | View data | ||
| 10 | 10 Romania | 4.01 | 2023 | View data | ||
| 11 | 11 Latvia | 3.6 | 2023 | |||
| 12 | 12 Hungary | 2.88 | 2023 | View data | ||
