The market size for Women's or Girls' Trousers and Breeches of Cotton in Latvia showed a fluctuating trend over the past decade, reaching 4.6644 million euros in 2023. Over the last few years, there has been a consistent decline, with year-on-year decreases hovering around 1%. Notably, the compound annual growth rate (CAGR) over the last five years stands at -1.35%, reflecting a gradual contraction in the market.
- The peak in market value was observed in 2016 at 5.0391 million euros, but it has since experienced a decline.
- Despite minor gains in 2018, the overall trajectory from 2017 onward is downward.
Going forward, the market could potentially stabilize or contract further, influenced by changes in consumer preferences, economic factors, and shifts towards sustainable fashion. Monitoring these trends will be crucial, as will be the impact of innovations or developments in e-commerce and retail strategies targeting the local demographic.
| # | 18 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 518,060,000 | 2023 | -0.61% | -0.21% | View data |
| 2 | 2 Spain | 429,480,000 | 2023 | +2.1% | +1.51% | View data |
| 3 | 3 Germany | 348,620,000 | 2023 | -4.98% | -4.31% | View data |
| 4 | 4 United Kingdom | 278,760,000 | 2023 | -1.61% | -1.43% | View data |
| 5 | 5 Austria | 91,673,000 | 2023 | -1.34% | -1.56% | View data |
| 16 | 16 Slovenia | 10,161,000 | 2023 | -0.42% | -0.51% | View data |
| 17 | 17 Estonia | 7,281,100 | 2023 | +3.41% | +0.92% | View data |
| 18 | 18 Latvia | 4,664,400 | 2023 | -1.02% | -1.35% | |
