| Product Code: ETC5686051 | 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 | |
Latvia`s socks import market saw steady growth in 2024, with key suppliers being Poland, Belgium, Germany, China, and Estonia. The market concentration, as measured by the HHI, remained moderate, indicating a competitive landscape. The impressive compound annual growth rate (CAGR) of 20.97% from 2020 to 2024 highlights the increasing demand for socks in Latvia. Additionally, the growth rate of 1.65% in 2024 suggests a continued upward trajectory for the import market, presenting opportunities for both local retailers and international suppliers to capitalize on this growing demand.
In the Europe region, the Socks market in Latvia is projected to expand at a stable growth rate of 3.91% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Socks Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Socks Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Socks Market - Industry Life Cycle |
3.4 Latvia Socks Market - Porter's Five Forces |
3.5 Latvia Socks Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Socks Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Socks Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Latvia Socks Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing fashion consciousness and trend towards personalized clothing |
4.2.2 Growing awareness about the benefits of wearing socks for foot health |
4.2.3 Rising disposable income leading to higher spending on clothing items |
4.3 Market Restraints |
4.3.1 Competition from other types of footwear like sandals and slippers |
4.3.2 Fluctuating raw material prices impacting production costs |
4.3.3 Seasonal demand fluctuations affecting sales |
5 Latvia Socks Market Trends |
6 Latvia Socks Market Segmentations |
6.1 Latvia Socks Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Socks Market Revenues & Volume, By Casual, 2021-2031F |
6.1.3 Latvia Socks Market Revenues & Volume, By Formal, 2021-2031F |
6.1.4 Latvia Socks Market Revenues & Volume, By Athletic, 2021-2031F |
6.2 Latvia Socks Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Socks Market Revenues & Volume, By Men, 2021-2031F |
6.2.3 Latvia Socks Market Revenues & Volume, By Women, 2021-2031F |
6.2.4 Latvia Socks Market Revenues & Volume, By Children, 2021-2031F |
6.3 Latvia Socks Market, By Distribution Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Socks Market Revenues & Volume, By Hypermarket & Supermarket, 2021-2031F |
6.3.3 Latvia Socks Market Revenues & Volume, By Convenience Store, 2021-2031F |
6.3.4 Latvia Socks Market Revenues & Volume, By Online, 2021-2031F |
7 Latvia Socks Market Import-Export Trade Statistics |
7.1 Latvia Socks Market Export to Major Countries |
7.2 Latvia Socks Market Imports from Major Countries |
8 Latvia Socks Market Key Performance Indicators |
8.1 Average selling price (ASP) of socks |
8.2 Percentage of repeat customers |
8.3 Customer satisfaction rating |
8.4 Rate of new product launches |
8.5 Social media engagement and brand visibility |
9 Latvia Socks Market - Opportunity Assessment |
9.1 Latvia Socks Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Socks Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Socks Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Latvia Socks Market - Competitive Landscape |
10.1 Latvia Socks Market Revenue Share, By Companies, 2024 |
10.2 Latvia Socks Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |