| Product Code: ETC5048734 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
In 2024, Latvia saw a significant increase in wool import shipments from top countries including New Zealand, Germany, Lithuania, and the UK. Despite a challenging CAGR of -12.25% from 2020 to 2024, the growth rate in 2024 surged by 24.07%. The high concentration of the Herfindahl-Hirschman Index (HHI) indicates a competitive market landscape. This data suggests a potential shift in market dynamics and opportunities for stakeholders to capitalize on the growing demand for wool imports in Latvia.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Latvia Wool Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Wool Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Wool Market - Industry Life Cycle |
3.4 Latvia Wool Market - Porter's Five Forces |
3.5 Latvia Wool Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 Latvia Wool Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia Wool Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Wool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for sustainable and eco-friendly products |
4.2.2 Growing popularity of natural fibers in the fashion industry |
4.2.3 Government initiatives promoting domestic wool production |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Competition from synthetic fibers |
4.3.3 Challenges in maintaining consistent quality and supply |
5 Latvia Wool Market Trends |
6 Latvia Wool Market Segmentations |
6.1 Latvia Wool Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 Latvia Wool Market Revenues & Volume, By Merino Wool, 2021-2031F |
6.1.3 Latvia Wool Market Revenues & Volume, By Peruvian Highland Wool, 2021-2031F |
6.1.4 Latvia Wool Market Revenues & Volume, By Teeswater Wool, 2021-2031F |
6.1.5 Latvia Wool Market Revenues & Volume, By Shetland Wool, 2021-2031F |
6.1.6 Latvia Wool Market Revenues & Volume, By Cashmere Wool, 2021-2031F |
6.1.7 Latvia Wool Market Revenues & Volume, By others, 2021-2031F |
6.2 Latvia Wool Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Wool Market Revenues & Volume, By Fine wool (? 25 ? ), 2021-2031F |
6.2.3 Latvia Wool Market Revenues & Volume, By Medium wool (25 to 35 ? ), 2021-2031F |
6.2.4 Latvia Wool Market Revenues & Volume, By Coarse wool (? 35 ? ), 2021-2031F |
6.3 Latvia Wool Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Wool Market Revenues & Volume, By Apparels, 2021-2031F |
6.3.3 Latvia Wool Market Revenues & Volume, By Interior Textiles, 2021-2031F |
7 Latvia Wool Market Import-Export Trade Statistics |
7.1 Latvia Wool Market Export to Major Countries |
7.2 Latvia Wool Market Imports from Major Countries |
8 Latvia Wool Market Key Performance Indicators |
8.1 Average wool yield per sheep |
8.2 Percentage of wool produced meeting quality standards |
8.3 Number of new partnerships with fashion brands for wool sourcing |
9 Latvia Wool Market - Opportunity Assessment |
9.1 Latvia Wool Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 Latvia Wool Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia Wool Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Wool Market - Competitive Landscape |
10.1 Latvia Wool Market Revenue Share, By Companies, 2024 |
10.2 Latvia Wool Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |