Women's woven overcoats and anoraks market in Latvia

Earlier Report Observations

From 2018 to 2020, the market for women's woven overcoats and anoraks in Latvia contracted, with its size falling from 17 966 thousand US dollars to 16 144 thousand US dollars. This decline occurred alongside a drop in domestic production value from 4 118 thousand US dollars to 3 154 thousand US dollars, despite rising imports from 19 986 thousand US dollars to 24 238 thousand US dollars over the same period.

After 2020, import and export values showed strong growth. Imports climbed to 47 385 thousand US dollars by 2025, while exports surged from 6 138 thousand US dollars in 2018 to 38 450 thousand US dollars in 2025. In 2023, inflation impacted consumer purchasing power, coinciding with a slight dip in imports, while the ongoing expansion of e-commerce supported export sales. By 2024 and 2025, the continued growth of online trade and the participation of Latvian companies in international exhibitions further fueled export growth.

Beginning in 2023, a shift in consumer preferences toward quality and durability became evident, with 83% of Latvian residents considering these factors when shopping. This trend has shaped market demand, encouraging producers and retailers to adapt their offerings to meet the desire for longer-lasting garments.

Production women's woven overcoats and anoraks in Latvia

In value, 2018-2021, K $ US

In 2020, Latvia's production of women's woven overcoats and anoraks reached a value of 3 154 thousand US dollars, marking a 14.0% increase from the previous year. However, looking at the broader period from 2018 to 2020, production actually declined by 23.4%, with a compound annual growth rate of -8.5%. The lowest point was in 2019, when output fell to 2 768 thousand US dollars, representing the largest annual decline of 32.8%.

Annual dynamics of production in Latvia in value, 2018-2021, K $ US

Exports women's woven overcoats and anoraks from Latvia

Exports in kind, t

In 2021, Latvia exported 191.9 tonnes of women's woven overcoats and anoraks, a 15.3% rise compared to the previous year. Despite this recent uptick, exports from 2018 to 2021 overall decreased by 31.6%, translating to an annualized decline of 11.9%. The lowest export volume was recorded in 2020 at 166.5 tonnes, while the peak occurred in 2019 with 296.9 tonnes. The most significant drop happened in 2020, when exports fell by 43.9%.

Annual dynamics of product's exports from Latvia in kind, 2018-2021, t

From 2018 to 2021, Estonia, Russia, and Lithuania were the top destinations for Latvia's exports of women's woven overcoats and anoraks in volume terms. Estonia accounted for 37.8% of exports, Russia for 28.1%, and Lithuania for 11.1%. Together, these three countries made up 77.0% of Latvia's total export flows in this category.

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 exports of women's woven overcoats and anoraks have grown for three consecutive years. In 2021, export value reached 16 789 thousand US dollars, a substantial 49.3% increase from the previous year. Over the period from 2018 to 2021, exports surged by 173.5%, with a compound annual growth rate of 39.9%.

Annual dynamics of product's exports from Latvia in value, 2018-2021, K $ US

From 2018 to 2021, Russia, Lithuania, and Estonia dominated Latvia's export structure in value terms for women's woven overcoats and anoraks. Russia led with 44.2% of exports, followed by Lithuania at 13.7% and Estonia at 11.6%. Collectively, these three countries represented 69.5% of Latvia's total export value in this sector.

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 woven overcoats and anoraks to Latvia

Imports in kind, t

After two years of decline, Latvia's imports of women's woven overcoats and anoraks rebounded in 2021, reaching 520.0 tonnes, a 10.0% increase from 2020. However, over the full period from 2018 to 2021, imports decreased by 31.6%, with an annualized decline of 11.9%. The lowest import volume was in 2020 at 472.6 tonnes, which also saw the largest annual drop of 22.5%.

Annual dynamics of product's imports to Latvia in kind, 2018-2021, t

Between 2018 and 2021, China, Poland, and Germany were the primary sources for Latvia's imports of women's woven overcoats and anoraks in volume terms. China contributed 23.8% of imports, Poland 23.4%, and Germany 11.8%. Together, these three countries supplied 59.1% of Latvia's total import volume in this category.

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

Latvia's imports of women's woven overcoats and anoraks have increased for three straight years. In 2021, import value stood at 32 470 thousand US dollars, up 34.0% from the previous year. From 2018 to 2021, imports grew by 62.5%, with an annualized growth rate of 17.6%.

Annual dynamics of product's imports to Latvia in value, 2018-2021, K $ US

From 2018 to 2021, Italy, Poland, and Germany consistently held the top positions in Latvia's import structure by value for women's woven overcoats and anoraks. Italy accounted for 18.7% of imports, Poland for 17.2%, and Germany for 15.8%. Combined, these three countries made up 51.7% of Latvia's total import value in this sector.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Latvia in value, 2018-2021