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Latvia - Training Shoes - Market Analysis, Forecast, Size, Trends and Insights
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Latvia: Athletic Footwear Market Overview 2020

Athletic Footwear Market Size in Latvia

The revenue of the athletic footwear market in Latvia amounted to $X in 2018, rising by X% against the previous year. Over the period under review, athletic footwear consumption, however, continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2015 when the market value increased by X% year-to-year. Over the period under review, the athletic footwear market reached its maximum level in 2018 and is likely to see steady growth in the immediate term.

Athletic Footwear Production in Latvia

In value terms, athletic footwear production stood at $X in 2018 estimated in export prices. Over the period under review, athletic footwear production, however, continues to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. Over the period under review, athletic footwear production reached its peak figure level in 2018 and is likely to see steady growth in the near future.

Athletic Footwear Exports

Exports from Latvia

Athletic footwear exports from Latvia stood at X pairs in 2018, shrinking by -X% against the previous year. Overall, athletic footwear exports continue to indicate a deep slump. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Latvia exports peaked at X pairs in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, athletic footwear exports amounted to $X in 2018. Over the period under review, athletic footwear exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. In that year, athletic footwear exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

China (X pairs) and Viet Nam (X pairs) dominates athletic footwear exports structure, together comprising X% of total exports. Germany (X pairs) ranks next in terms of the total exports with a X% share, followed by Indonesia (X%). India (X pairs) and France (X pairs) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, Viet Nam ($X), China ($X) and Germany ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Indonesia, France, India and Latvia, which together accounted for a further X recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the athletic footwear export price in Latvia amounted to $X per pair, growing by X% against the previous year. Overall, the athletic footwear export price continues to indicate an outstanding increase. The pace of growth was the most pronounced in 2018 when the export price increased by X% year-to-year. In that year, the export prices for training shoes reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per pair), while India ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Athletic Footwear Imports

Imports into Latvia

In 2018, the amount of training shoes imported into Latvia totaled X pairs, jumping by X% against the previous year. Over the period under review, athletic footwear imports continue to indicate a perceptible expansion. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. In that year, athletic footwear imports attained their peak of X pairs. From 2017 to 2018, the growth of athletic footwear imports failed to regain its momentum.

In value terms, athletic footwear imports totaled $X in 2018. Overall, athletic footwear imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Over the period under review, athletic footwear imports reached their maximum in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X pairs), distantly followed by Germany (X pairs), Belgium (X pairs), the UK (X pairs), Mexico (X pairs) and the Netherlands (X pairs) represented the major importers of training shoes, together making up X% of total imports. Japan (X pairs), France (X pairs), Spain (X pairs), Italy (X pairs), Canada (X pairs) and South Korea (X pairs) took a little share of total imports.

The U.S. was also the fastest-growing in terms of the training shoes imports, with a CAGR of +X% from 2007 to 2018. At the same time, Germany (+X%), Canada (+X%), South Korea (+X%), the Netherlands (+X%), Belgium (+X%), Mexico (+X%), the UK (+X%), Japan (+X%), Spain (+X%), France (+X%) and Italy (+X%) displayed positive paces of growth. The U.S. (+X p.p.), Germany (+X p.p.), Belgium (+X p.p.), the UK (+X p.p.), the Netherlands (+X p.p.), Mexico (+X p.p.), Japan (+X p.p.), Canada (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported training shoes into Latvia, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Belgium, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. totaled +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Belgium (+X% per year).

Import Prices by Country

The athletic footwear import price in Latvia stood at $X per pair in 2018, increasing by X% against the previous year. Overall, the athletic footwear import price continues to indicate a strong expansion. The pace of growth appeared the most rapid in 2018 when the import price increased by X% y-o-y. In that year, the import prices for training shoes attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per pair), while Mexico ($X per pair) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Product coverage:
• Prodcom 15202100 - Sports footwear with rubber or plastic outer soles and textile uppers (including tennis shoes, basketball shoes, gym shoes, t raining shoes and the like)

This report provides an in-depth analysis of the athletic footwear market 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.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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