The T-Shirts, Singlets, and Vests of Knitted or Crocheted Textiles market in Latvia has seen a steady overall growth since 2013, reaching 33.936 million Euros in 2023. The market displayed notable fluctuations with significant growth spurts in 2017 and 2019 and a minor dip in 2020. In more recent years, the market showed resilience with consistent growth from 2021 onwards. The 5-year CAGR stands at 6.34%, highlighting an average robust growth trajectory.
Looking forward, market trends to watch for include the increasing demand for sustainable and eco-friendly textiles, potential shifts in consumer preferences towards personalized clothing, and the impact of e-commerce on sales and distribution channels.
How does Latvia rank in T-Shirts, Singlets and Vests of Knitted or Crocheted Textiles Market Size Value?
| # | 16 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 2,292,800,000 | 2023 | +0.98% | -1.68% | View data |
| 2 | 2 United Kingdom | 2,118,000,000 | 2023 | +0.18% | +0.87% | View data |
| 3 | 3 France | 2,105,700,000 | 2023 | +4.96% | +1.88% | View data |
| 4 | 4 Austria | 663,300,000 | 2023 | +2.49% | +2.34% | View data |
| 5 | 5 Italy | 380,950,000 | 2023 | -2.17% | -2.83% | View data |
| 13 | 13 Denmark | 102,540,000 | 2023 | -0.38% | +0.68% | View data |
| 14 | 14 Slovenia | 88,705,000 | 2023 | +2.56% | +2.68% | View data |
| 15 | 15 Latvia | 33,936,000 | 2023 | +3.15% | +6.34% | |
| 16 | 16 Estonia | 27,048,000 | 2023 | +4.61% | +2.44% | View data |
