
Latvia - Shawls, Scarves and the Like of Knitted or Crocheted Textiles - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLatvia: Market for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles 2025
Market Size for Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Latvia
The Latvian knitted shawl and scarf market declined sharply to $X in 2022, reducing by -35.8% against the previous year. Overall, consumption saw a pronounced decline. Knitted shawl and scarf consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.
Production of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles in Latvia
In value terms, knitted shawl and scarf production fell sharply to $X in 2022 estimated in export price. In general, production recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when the production volume increased by 69%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.
Exports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles
Exports from Latvia
In 2022, shipments abroad of shawls, scarves and the like of knitted or crocheted textiles increased by 36% to X units, rising for the fourth consecutive year after two years of decline. Over the period under review, exports enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2019 with an increase of 93% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
In value terms, knitted shawl and scarf exports shrank sharply to $X in 2022. Overall, exports enjoyed measured growth. The pace of growth appeared the most rapid in 2019 when exports increased by 160%. Over the period under review, the exports hit record highs at $X in 2021, and then reduced remarkably in the following year.
Exports by Country
Russia (X units) was the main destination for knitted shawl and scarf exports from Latvia, accounting for a 65% share of total exports. Moreover, knitted shawl and scarf exports to Russia exceeded the volume sent to the second major destination, Finland (X units), sixfold. Estonia (X units) ranked third in terms of total exports with a 10% share.
From 2012 to 2022, the average annual rate of growth in terms of volume to Russia stood at +18.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+39.5% per year) and Estonia (-11.5% per year).
In value terms, Russia ($X) remains the key foreign market for shawls, scarves and the like of knitted or crocheted textiles exports from Latvia, comprising 66% of total exports. The second position in the ranking was taken by Finland ($X), with an 11% share of total exports. It was followed by Estonia, with an 11% share.
From 2012 to 2022, the average annual growth rate of value to Russia amounted to +20.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+40.6% per year) and Estonia (-10.1% per year).
Export Prices by Country
In 2022, the average knitted shawl and scarf export price amounted to $X per unit, with a decrease of -57.3% against the previous year. Over the period under review, the export price, however, showed modest growth. The growth pace was the most rapid in 2018 an increase of 43% against the previous year. The export price peaked at $X per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Russia ($X per unit) and Denmark ($X per unit), while the average price for exports to Lithuania ($X per unit) and Estonia ($X per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Ireland (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Shawls, Scarves And The Like Of Knitted Or Crocheted Textiles
Imports into Latvia
In 2022, after five years of growth, there was significant decline in purchases abroad of shawls, scarves and the like of knitted or crocheted textiles, when their volume decreased by -13.5% to X units. The total import volume increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 32% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.
In value terms, knitted shawl and scarf imports dropped dramatically to $X in 2022. In general, imports recorded a noticeable setback. The growth pace was the most rapid in 2013 when imports increased by 19%. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.
Imports by Country
Poland (X units), Italy (X units) and Germany (X units) were the main suppliers of knitted shawl and scarf imports to Latvia, with a combined 58% share of total imports. Lithuania, the Netherlands, Estonia, Finland, South Korea, China and Spain lagged somewhat behind, together accounting for a further 37%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +544.6%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Poland ($X), Italy ($X) and Germany ($X) constituted the largest knitted shawl and scarf suppliers to Latvia, together accounting for 58% of total imports. Lithuania, the Netherlands, Estonia, Finland, South Korea, China and Spain lagged somewhat behind, together comprising a further 37%.
In terms of the main suppliers, South Korea, with a CAGR of +499.4%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average knitted shawl and scarf import price stood at $X per unit in 2022, shrinking by -15.8% against the previous year. Over the period under review, the import price continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2015 when the average import price increased by 2.4% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the Netherlands ($X per unit) and Poland ($X per unit), while the price for Italy ($X per unit) and China ($X per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (-4.3%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for knitted shawl and scarf in Latvia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 14191930 - Shawls, scarves, mufflers, mantillas, veils and the like, of knitted or crocheted textiles
Country coverage:
- Latvia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Latvia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND THE AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDSThis Chapter is Available Only for the Professional EditionPRO
3. MARKET OVERVIEW
Understanding the Current State of The Market and its Prospects
- MARKET SIZE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET STRUCTURE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- TRADE BALANCE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- PER CAPITA CONSUMPTION: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- MARKET FORECAST TO 2035
4. MOST PROMISING PRODUCTS FOR DIVERSIFICATION
Finding New Products to Diversify Your Business
- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCTS
- MOST TRADED PRODUCTS
- MOST PROFITABLE PRODUCTS FOR EXPORTS
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Export
- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS: HISTORICAL DATA (2012–2024) AND FORECAST (2025–2035)
- EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2024)
- EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2024)
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
LIST OF TABLES
- Key Findings In 2024
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
LIST OF FIGURES
- Market Volume, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Value: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Structure – Domestic Supply vs. Imports, in Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Trade Balance, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Per Capita Consumption: Historical Data (2012–2024) and Forecast (2025–2035)
- Market Volume Forecast to 2035
- Market Value Forecast to 2035
- Market Size and Growth, By Product
- Average Per Capita Consumption, By Product
- Exports and Growth, By Product
- Export Prices and Growth, By Product
- Production Volume and Growth
- Exports and Growth
- Export Prices and Growth
- Market Size and Growth
- Per Capita Consumption
- Imports and Growth
- Import Prices
- Production, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Production, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Imports, In Physical Terms, By Country, 2024
- Imports, In Physical Terms, By Country, 2012–2024
- Imports, In Value Terms, By Country, 2012–2024
- Import Prices, By Country, 2012–2024
- Exports, In Physical Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Value Terms: Historical Data (2012–2024) and Forecast (2025–2035)
- Exports, In Physical Terms, By Country, 2024
- Exports, In Physical Terms, By Country, 2012–2024
- Exports, In Value Terms, By Country, 2012–2024
- Export Prices, By Country, 2012–2024
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