Latvia - Brassieres, Girdles And Corsets - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Brassiere, Girdle and Corset in Latvia - 2023
Contents:
- Price for Brassiere, Girdle and Corset in Latvia (FOB) - 2023
- Price for Brassiere, Girdle and Corset in Latvia (CIF) - 2023
- Exports of Brassiere, Girdle and Corset in Latvia
- Imports of Brassiere, Girdle and Corset in Latvia
Price for Brassiere, Girdle and Corset in Latvia (FOB) - 2023
In September 2023, the average brassiere, girdle and corset export price amounted to $7.7 per unit, picking up by 3.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +1.6%. The most prominent rate of growth was recorded in July 2023 when the average export price increased by 24% m-o-m. As a result, the export price attained the peak level of $9.7 per unit. From August 2023 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($11.7 per unit), while the average price for exports to Sweden ($3.1 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Brassiere, Girdle and Corset in Latvia (CIF) - 2023
The average brassiere, girdle and corset import price stood at $6.9 per unit in September 2023, growing by 13% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +2.9%. The growth pace was the most rapid in February 2023 an increase of 41% m-o-m. The import price peaked at $7.6 per unit in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Italy ($12.0 per unit), while the price for Indonesia ($3.4 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+10.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Brassiere, Girdle and Corset in Latvia
In 2022, approx. 3.9M units of brassieres, girdles and corsets were exported from Latvia; shrinking by -2.2% compared with the previous year. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, the exports reached the peak of 4M units, and then fell modestly in the following year.
In value terms, brassiere, girdle and corset exports shrank modestly to $24M in 2022. Overall, exports recorded a pronounced downturn. The pace of growth was the most pronounced in 2021 with an increase of 26%. The exports peaked at $26M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Brassiere, Girdle and Corset in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 7.1 | 5.3 | 7.3 | 7.5 | 1.8% |
| Czech Republic | 1.5 | 1.7 | 3.0 | 3.4 | 31.4% |
| Russia | 6.0 | 3.8 | 4.6 | 2.4 | -26.3% |
| Georgia | 2.4 | 1.8 | 1.8 | 1.9 | -7.5% |
| Sweden | 1.4 | 1.0 | 1.5 | 1.4 | 0.0% |
| Lithuania | 0.8 | 0.9 | 1.3 | 1.1 | 11.2% |
| Belarus | 1.6 | 1.2 | 1.0 | 0.9 | -17.5% |
| Netherlands | N/A | N/A | 0.5 | 0.8 | 60.0% |
| Kazakhstan | N/A | N/A | N/A | 0.8 | 0% |
| Kyrgyzstan | N/A | N/A | N/A | 0.7 | 0% |
| Germany | 0.8 | 0.4 | 0.4 | 0.6 | -9.1% |
| Others | 4.7 | 3.6 | 3.6 | 2.9 | -14.9% |
| Total | 26.2 | 19.8 | 25.0 | 24.3 | -2.5% |
Top Export Markets for Brassiere, Girdle and Corset from Latvia in 2022:
- Estonia (1377.0K units)
- Sweden (498.9K units)
- Czech Republic (475.3K units)
- Russia (252.3K units)
- Georgia (249.7K units)
- Lithuania (134.1K units)
- Kazakhstan (130.1K units)
- Netherlands (127.0K units)
- Belarus (126.8K units)
- Kyrgyzstan (116.8K units)
- Germany (75.9K units)
Imports of Brassiere, Girdle and Corset in Latvia
In 2022, brassiere, girdle and corset imports into Latvia reached 2.5M units, with an increase of 12% against 2021 figures. The total import volume increased at an average annual rate of +7.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 30%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, brassiere, girdle and corset imports totaled $12M in 2022. The total import value increased at an average annual rate of +9.3% from 2019 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 2021 when imports increased by 38%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Brassiere, Girdle and Corset in Latvia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belarus | 2.7 | 2.5 | 2.9 | 2.6 | -1.3% |
| Poland | 1.5 | 1.5 | 1.7 | 2.4 | 17.0% |
| Germany | 0.6 | 0.8 | 1.2 | 1.4 | 32.6% |
| Ukraine | 0.6 | 0.4 | 1.1 | 1.1 | 22.4% |
| Estonia | 0.9 | 0.4 | 1.1 | 0.7 | -8.0% |
| Sweden | 0.3 | 0.5 | 0.4 | 0.6 | 26.0% |
| Lithuania | 0.3 | 0.3 | 0.4 | 0.4 | 10.1% |
| China | 0.2 | 0.1 | 0.2 | 0.2 | 0.0% |
| Others | 2.0 | 2.0 | 2.6 | 2.7 | 10.5% |
| Total | 9.2 | 8.4 | 11.6 | 12.1 | 9.6% |
Top Suppliers of Brassiere, Girdle and Corset to Latvia in 2022:
- Poland (687.9K units)
- Belarus (470.5K units)
- Germany (386.5K units)
- Ukraine (178.5K units)
- Estonia (173.8K units)
- Sweden (122.0K units)
- Lithuania (88.8K units)
- China (42.8K units)
This report provides an in-depth analysis of the market for brassiere, girdle and corset 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 14142530 - Brassieres
- Prodcom 14142550 - Girdles, panty-girdles and corselettes (including bodies with adjustable straps)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- 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
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- 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, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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