The Made-Up Textile Articles Market in Latvia has fluctuated over the past decade. In 2023, the market size value per capita was 18.19 Euros, showing a slight increase from 18.15 Euros in 2022. The market experienced a notable dip in 2019, falling to 16.68 Euros, but it has gradually rebounded since then. Over the last two years, the market grew by approximately 1.8%, and over the past five years, it has shown a CAGR of around 1.72%, indicating moderate growth overall.
Future trends to watch for include:
- Increasing consumer demand for environmentally sustainable products, which may impact production and market value.
- Potential economic fluctuations that could affect purchasing power and demand.
- Technological advancements in textile manufacturing that could lower costs and increase product variety.
How does Latvia rank in Made-Up Textile Articles Market Size Value Per Capita?
| # | 17 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Denmark | 100.35 | 2023 | View data | ||
| 2 | 2 Austria | 96.46 | 2023 | View data | ||
| 3 | 3 Ireland | 90.2 | 2023 | View data | ||
| 4 | 4 Netherlands | 85.61 | 2023 | View data | ||
| 5 | 5 Finland | 83.93 | 2023 | View data | ||
| 14 | 14 Greece | 35.3 | 2023 | View data | ||
| 15 | 15 Portugal | 20.47 | 2023 | View data | ||
| 16 | 16 Latvia | 18.19 | 2023 | |||
| 17 | 17 Poland | 7.25 | 2023 | View data | ||
