| Product Code: ETC7924853 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a notable increase in women`s socks import shipments, with top exporting countries being Poland, Belgium, Germany, China, and Estonia. The Herfindahl-Hirschman Index (HHI) indicated moderate concentration, reflecting a competitive market landscape. The impressive compound annual growth rate (CAGR) of 20.97% from 2020 to 2024 highlights the rising demand for women`s socks in Latvia. Additionally, the growth rate of 1.65% from 2023 to 2024 showcases a steady expansion in the market, suggesting a positive outlook for the industry in the near future.

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 Womens Socks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Womens Socks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Womens Socks Market - Industry Life Cycle |
3.4 Latvia Womens Socks Market - Porter's Five Forces |
3.5 Latvia Womens Socks Market Revenues & Volume Share, By Fiber, 2021 & 2031F |
3.6 Latvia Womens Socks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Womens Socks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing disposable income among Latvian women |
4.2.2 Growing fashion consciousness and trend of wearing stylish socks |
4.2.3 Rising awareness about health benefits of wearing quality socks |
4.3 Market Restraints |
4.3.1 Intense competition from both domestic and international sock manufacturers |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Economic uncertainties leading to consumer spending fluctuations |
5 Latvia Womens Socks Market Trends |
6 Latvia Womens Socks Market, By Types |
6.1 Latvia Womens Socks Market, By Fiber |
6.1.1 Overview and Analysis |
6.1.2 Latvia Womens Socks Market Revenues & Volume, By Fiber, 2021- 2031F |
6.1.3 Latvia Womens Socks Market Revenues & Volume, By Cotton, 2021- 2031F |
6.1.4 Latvia Womens Socks Market Revenues & Volume, By Polyester, 2021- 2031F |
6.1.5 Latvia Womens Socks Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Womens Socks Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Latvia Womens Socks Market Revenues & Volume, By Offline, 2021- 2031F |
6.2.3 Latvia Womens Socks Market Revenues & Volume, By Online, 2021- 2031F |
7 Latvia Womens Socks Market Import-Export Trade Statistics |
7.1 Latvia Womens Socks Market Export to Major Countries |
7.2 Latvia Womens Socks Market Imports from Major Countries |
8 Latvia Womens Socks Market Key Performance Indicators |
8.1 Average selling price of women's socks in Latvia |
8.2 Number of new designs and styles introduced in the market |
8.3 Customer satisfaction levels with the quality and comfort of socks |
9 Latvia Womens Socks Market - Opportunity Assessment |
9.1 Latvia Womens Socks Market Opportunity Assessment, By Fiber, 2021 & 2031F |
9.2 Latvia Womens Socks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Womens Socks Market - Competitive Landscape |
10.1 Latvia Womens Socks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Womens Socks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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