The market size for men's or boys' trousers, bib and brace overalls, breeches, and shorts of textile fabrics not knitted or crocheted in Latvia was 16.733 million Euros in 2023. The market has shown slight fluctuations over the past decade, with a general decrease since 2013. Notably, the period from 2014 to 2015 saw a drop, whereas 2016 experienced a rebound. The last five years have presented a mixed pattern with a minor Compound Annual Growth Rate (CAGR) of -0.83%, indicating a slight contraction overall. Year-on-year analysis shows variability, with a marginal 0.43% decrease from 2022 to 2023.
Future trends to watch for include potential growth driven by evolving fashion trends, increased demand for sustainable materials, and Latvia's economic development impacting consumer spending power. Furthermore, global disruptions or shifts in trade policies could also play a crucial role in shaping the market dynamics.
How does Latvia rank in Men's or Boys' Trousers, Bib and Brace Overalls, Breeches and Shorts of Textile Fabrics Not Knitted or Crocheted Market Size Value?
| # | 14 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,656,000,000 | 2023 | +6.11% | +1.38% | View data |
| 2 | 2 Germany | 1,255,200,000 | 2023 | +1.79% | -2.96% | View data |
| 3 | 3 United Kingdom | 1,254,200,000 | 2023 | +0.067% | +0.9% | View data |
| 4 | 4 Netherlands | 824,730,000 | 2023 | +1.54% | +1.85% | View data |
| 5 | 5 Austria | 485,420,000 | 2023 | +2.8% | +1.17% | View data |
| 12 | 12 Croatia | 60,815,000 | 2023 | +3.31% | -1.55% | View data |
| 13 | 13 Slovenia | 37,128,000 | 2023 | +1.68% | -1.8% | View data |
| 14 | 14 Latvia | 16,733,000 | 2023 | -0.43% | -0.83% | |
