The market for boots covering the ankle with soles and uppers of rubber or plastics in Latvia reached a size of 17.074 million USD in 2023. From 2013 to 2023, the market showed a general upward trend with fluctuations, experiencing significant growth from 2018 to 2019 and a notable dip in 2020, followed by a recovery. Over the last two years, the market has grown modestly, with a year-on-year increase of 2.74% in 2023. The compound annual growth rate (CAGR) over the last five years has been 3.59%, indicating a moderate average annual increase.
Future trends to watch for:
- Potential impact of technological innovations and sustainable practices on production.
- The influence of changing consumer preferences toward eco-friendly materials.
- Economic factors and potential shifts in trade policies impacting import and export dynamics.
| # | 22 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,184,900,000 | 2023 | -0.015% | -0.21% | View data |
| 2 | 2 United Kingdom | 859,000,000 | 2023 | -0.12% | +0.85% | View data |
| 3 | 3 Spain | 712,810,000 | 2023 | -1.64% | +2.55% | View data |
| 4 | 4 Canada | 468,890,000 | 2023 | +0.8% | +1.48% | View data |
| 5 | 5 Netherlands | 265,740,000 | 2023 | -1.63% | -0.83% | View data |
| 16 | 16 New Zealand | 32,997,000 | 2023 | -1.02% | -0.34% | View data |
| 17 | 17 Slovenia | 25,114,000 | 2023 | +0.86% | -1.1% | View data |
| 18 | 18 Latvia | 17,074,000 | 2023 | +2.74% | +3.59% | |
| 19 | 19 Costa Rica | 13,643,000 | 2023 | -2.78% | -3.74% | View data |
| 20 | 20 El Salvador | 6,151,300 | 2023 | -3.03% | -4.04% | View data |
