Earlier Report Observations
The physical volume of the women's knitted or crocheted jackets market in Latvia contracted substantially between 2018 and 2022. The number of units sold fell from 102 028 in 2018 to 60 762 in 2022, representing a decline of approximately 40%.
Despite the sharp drop in unit sales, the market's value in monetary terms increased over the same period. In constant US dollar terms, the market value rose from 526 thousand USD in 2018 to 758 thousand USD in 2022, indicating a significant rise in average prices or a shift toward higher-value products.
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
- 4.1.2. Imports, 2018-2025
- 4.1.3. Exports, 2018-2025
- 4.1.4. Market size, 2018-2020, 2022
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4.2. In value
- 4.2.1. Production, 2018-2020, 2022
- 4.2.2. Imports, 2018-2025
- 4.2.3. Exports, 2018-2025
- 4.2.4. Market size, 2018-2020, 2022
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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, unit
- 5.1.2. In value, 2018-2020, 2022, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, 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, unit
- 6.1.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, unit
- 6.1.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, 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, unit
- 6.2.2.1. Annual dynamics of product's imports to Latvia in kind, 2018-2025, unit
- 6.2.2.2. Dynamics of product's imports in kind to Latvia by countries, 2018-2025, 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, unit
- 7.1.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, unit
- 7.1.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, 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, unit
- 7.2.2.1. Annual dynamics of product's exports from Latvia in kind, 2018-2025, unit
- 7.2.2.2. Dynamics of product's exports in kind from Latvia by countries, 2018-2025, 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, unit
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, 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 or crocheted jackets in Latvia
In value, 2018-2021, K $ US
In Latvia, the production value of women's knitted or crocheted jackets reached 679.1 thousand US dollars in 2020, marking a 10.1% increase from the previous year. However, looking at the broader period from 2018 to 2020, overall production value declined by 4.7%, which translates to an average annual decrease of 1.6%. The lowest value was recorded in 2019 at 616.7 thousand US dollars, with the most significant drop occurring that same year at 13.5%.
Annual dynamics of production in Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (13.5%) | 10.1% | n/a | - |
In kind, 2018-2021, unit
Production of women's knitted or crocheted jackets in Latvia fell for the second year in a row. In 2020, output totaled 54,812 units, representing a sharp decline of 17.7% compared to 2019. Over the three-year span from 2018 to 2020, production dropped by 26.9%, with a compound annual growth rate of -9.9%.
Annual dynamics of production in Latvia in kind, 2018-2021, unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (11.2%) | (17.7%) | n/a | - |
Exports women's knitted or crocheted jackets from Latvia
Exports in kind, unit
Exports of women's knitted or crocheted jackets from Latvia decreased for the third consecutive year. In 2021, export volume stood at 10,608 units, a steep 27.5% fall from 2020. From 2018 to 2021, exports plummeted by 58.4%, averaging an annual decline of 25.4%.
Annual dynamics of product's exports from Latvia in kind, 2018-2021, unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (5.3%) | (39.4%) | (27.5%) | (25.4%) |
Between 2018 and 2021, Denmark was the leading destination for exports in volume, accounting for 76.8% of total shipments. Other markets contributed smaller shares, forming a long tail of minor partners.
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
Latvia's export value of women's knitted or crocheted jackets declined for the third year running. In 2021, exports amounted to 506.2 thousand US dollars, a slight decrease of 1.2% from the previous year. Over the period from 2018 to 2021, export value fell by 42.4%, with a compound annual growth rate of -16.8%.
Annual dynamics of product's exports from Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (0.3%) | (41.5%) | (1.2%) | (16.8%) |
From 2018 to 2021, Denmark dominated the export partner structure in value terms, holding a 74.1% share of total flows. Other markets had relatively modest contributions.
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 or crocheted jackets to Latvia
Imports in kind, unit
Imports of women's knitted or crocheted jackets into Latvia dropped for the third year in a row. In 2021, import volume totaled 20,776 units, down 15.6% from 2020. Between 2018 and 2021, imports decreased by 60.4%, with an average annual decline of 26.6%.
Annual dynamics of product's imports to Latvia in kind, 2018-2021, unit
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (18.4%) | (42.6%) | (15.6%) | (26.6%) |
During 2018–2021, Poland, Germany, and China were the primary suppliers of women's knitted or crocheted jackets to Latvia in volume terms. Poland accounted for 31.7% of imports, Germany for 18.2%, and China for 13.3%, together making up 63.2% of total import volume.
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, the value of imported women's knitted or crocheted jackets in Latvia rose to 688.8 thousand US dollars, a 37.0% increase from the previous year. The lowest value was recorded in 2020 at 502.9 thousand US dollars, while the peak occurred in 2019 at 713.5 thousand US dollars. The most significant decline was in 2020, with a drop of 29.5%.
Annual dynamics of product's imports to Latvia in value, 2018-2021, K $ US
| Parameter | 2019 | 2020 | 2021 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 3.3% | (29.5%) | 37.0% | (0.1%) |
From 2018 to 2021, Germany, Poland, and Italy were consistently the top sources for imports in value terms. Germany held a 24.5% share, Poland 21.2%, and Italy 17.0%, collectively accounting for 62.7% of total import value.
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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