Earlier Report Observations
The market for women's knitted blouses and shirts in Latvia experienced significant growth in value from 1 148 thousand USD in 2018 to 3 733 thousand USD in 2023, while the physical volume contracted from 741.5 thousand units to 378.1 thousand units by 2024. This trend indicates a shift toward higher-value items within the category. A brief recovery in physical volume occurred in 2022, reaching 421.7 thousand units, interrupting the overall decline.
Global fashion trends and economic conditions affecting consumer spending supported market resilience and value growth in 2022 and 2023. Following the peak in 2023, the market corrected downward, with value falling to 2 690 thousand USD and volume to 378.1 thousand units in 2024.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In kind
- 4.1.1. Production, 2018-2020, 2022, 2024
- 4.1.2. Imports, 2018-2025
- 4.1.3. Exports, 2018-2025
- 4.1.4. Market size, 2018-2020, 2022, 2024
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4.2. In value
- 4.2.1. Production, 2018-2020, 2022-2024
- 4.2.2. Imports, 2018-2025
- 4.2.3. Exports, 2018-2025
- 4.2.4. Market size, 2018-2020, 2022-2024
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4.1. In kind
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5. Production
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5.1. Production in Latvia
- 5.1.1. In kind, 2018-2020, 2022, 2024, K unit
- 5.1.2. In value, 2018-2020, 2022-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K unit
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Latvia
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K unit
- 6.1.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, K unit
- 6.1.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, K unit
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2025
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6.1.4. Average price of product's imports, $ US/unit
- 6.1.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/unit
- 6.1.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/unit
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K unit
- 6.2.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, K unit
- 6.2.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, K unit
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2025
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Latvia in value, 2018-2025, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Latvia by countries, 2018-2025, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2025
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6.2.4. Average price of product's imports, $ US/unit
- 6.2.4.1. Annual dynamics of average price of product's imports to Latvia, 2018-2025, $ US/unit
- 6.2.4.2. Dynamics of average price of product's imports to Latvia by countries, 2018-2025, $ US/unit
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K unit
- 7.1.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, K unit
- 7.1.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, K unit
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2025
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7.1.4. Average price of product's exports, $ US/unit
- 7.1.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/unit
- 7.1.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/unit
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K unit
- 7.2.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, K unit
- 7.2.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, K unit
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2025
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Latvia in value, 2018-2025, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Latvia by countries, 2018-2025, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2025
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7.2.4. Average price of product's exports, $ US/unit
- 7.2.4.1. Annual dynamics of average price of product's exports from Latvia, 2018-2025, $ US/unit
- 7.2.4.2. Dynamics of average price of product's exports from Latvia by countries, 2018-2025, $ US/unit
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K unit
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K unit
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2025
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production women's knitted blouses and shirts in Latvia
In value, 2018-2021, K $ US
Latvia's production of women's knitted blouses and shirts declined for the second consecutive year. In 2020, output was valued at 890 thousand US dollars, marking a substantial drop of 12.2% compared to the previous year. Between 2018 and 2020, production decreased by 42.3%, which equates to an annualized rate of 16.8%.
Annual dynamics of production in Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (34.3%) | (12.2%) | n/a | - |
In kind, 2018-2021, K unit
Women's knitted blouses and shirts production in Latvia declined for the second consecutive year. In 2020, 75.4 thousand units were produced, down by 33.1% compared to 2019. Between 2018 and 2020, production decreased by 55.5%, equating to an annualized rate of 23.7%.
Annual dynamics of production in Latvia in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (33.5%) | (33.1%) | n/a | - |
Exports women's knitted blouses and shirts from Latvia
Exports in kind, K unit
After a two-year decline, women's knitted blouses and shirts exports from Latvia increased. In 2021, Latvia exported 80.5 thousand units, representing a 2.6% increase versus the previous year. Over the period from 2018 to 2021, exports decreased by 43.8%, with a compound annual growth rate (CAGR) of -17.5%. The minimum value was recorded in 2020 at 78.4 thousand units, with the largest decline of 32.7% occurring in that same year.
Annual dynamics of product's exports from Latvia in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (18.6%) | (32.7%) | 2.6% | (17.5%) |
From 2018 to 2021, Denmark, Russia, and Lithuania were the largest contributors to exports in kind. Denmark accounted for 51.7% of exports, Russia for 24.5%, and Lithuania for 8.1%. Together, these three countries made up 84.3% of total export flows.
Structure of product's exports in kind by countries, 2018-2021
World map of product's exports from Latvia in kind, 2018-2021
Exports in value, K $ US
After a two-year contraction, women's knitted blouses and shirts exports from Latvia increased. In 2021, exports registered 1,922 thousand US dollars, which is 3.8% higher compared to the previous year. Over the period from 2018 to 2021, exports decreased by 42.1%, with a compound annual growth rate (CAGR) of -16.6%. The minimum value was recorded in 2020 at 1,851 thousand US dollars, with the largest decline of 31.7% occurring in that same year.
Annual dynamics of product's exports from Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (18.3%) | (31.7%) | 3.8% | (16.6%) |
From 2018 to 2021, Denmark accounted for 71.7% of total exports in value terms, while the remaining flows were distributed among a broad group of smaller countries.
Structure of product's exports in value by countries, 2018-2021
World map of product's exports from Latvia in value, 2018-2021
Imports women's knitted blouses and shirts to Latvia
Imports in kind, K unit
After a two-year contraction, cross-border shipments of women's knitted blouses and shirts to Latvia increased. In 2021, Latvia imported approximately 485.2 thousand units, corresponding to a robust advance of 20.6% from 2020. Between 2018 and 2021, imports decreased by 32.2%, equating to an annualized rate of 12.1%. The minimum value was recorded in 2020 at 402.3 thousand units, with the largest decline of 39.0% occurring in 2019.
Annual dynamics of product's imports to Latvia in kind, 2018-2021, K unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (39.0%) | (7.8%) | 20.6% | (12.1%) |
From 2018 to 2021, Poland, China, and Germany remained the principal suppliers of women's knitted blouses and shirts to Latvia. Poland accounted for 49.2% of imports in kind, China for 17.0%, and Germany for 6.8%. Together, these three countries accounted for 73.0% of total imports in kind.
Structure of product's imports in kind by countries, 2018-2021
World map of product's imports to Latvia in kind, 2018-2021
Imports in value, K $ US
In 2021, Latvia imported 3,297 thousand US dollars worth of women's knitted blouses and shirts, up by 6.4% year-over-year. Between 2018 and 2021, imports increased by 12.8%, equating to an annualized rate of 4.1%. The maximum value was recorded in 2019 at 3,391 thousand US dollars, with the largest decline of 8.6% occurring in 2020 and the largest increase of 16.0% in 2019.
Annual dynamics of product's imports to Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.0% | (8.6%) | 6.4% | 4.1% |
From 2018 to 2021, Poland, Italy, and Germany together accounted for 61.0% of total imports in value terms, remaining the main sources for women's knitted blouses and shirts to Latvia. Poland contributed 34.3%, Italy 16.2%, and Germany 10.4%.
Structure of product's imports in value by countries, 2018-2021
World map of product's imports to Latvia in value, 2018-2021
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