Industry Statistics and Rankings
How does this industry perform in Latvia compared to Europe?
Country Benchmarking
Industry Data Latvia
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#32 In EuropeBusiness
#26 In EuropeEmployees
#29 In EuropeWages
#33 In EuropeThe Textile Preparation & Spinning in Latvia ranks 32nd in Europe with regards to its 2024 revenue (€1.4m). Revenue received by operators in Latvia has been high in volatility over the past five-year period, with the average annual change in revenue (2.1 %) most comparable to...
Enterprises
Number of businesses in 2024
Revenue per Enterprise
Value (€ Million) in 2024
Top Questions Answered in this Report
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What is the market size of the Textile Preparation & Spinning industry in Latvia in 2024?
The market size of the Textile Preparation & Spinning industry in Latvia is €1.4m in 2024.
How many businesses are there in the Textile Preparation & Spinning in Latvia industry in 2024?
There are 9 businesses in the Textile Preparation & Spinning industry in Latvia, which has declined at a CAGR of 2.1 % between 2019 and 2024.
Has the Textile Preparation & Spinning industry in Latvia grown or declined over the past 5 years?
The market size of the Textile Preparation & Spinning industry in Latvia has been declining at a CAGR of 2.1 % between 2019 and 2024.
What is the forecast growth of the Textile Preparation & Spinning industry in Latvia over the next 5 years?
Over the next five years, the Textile Preparation & Spinning industry in Latvia is expected to grow.
What does the Textile Preparation & Spinning in Latvia include?
Reeling and washing of silk and Degreasing and carbonizing carbonising of wool and dyeing of wool fleece are part of the Textile Preparation & Spinning industry.
How competitive is the Textile Preparation & Spinning industry in Latvia?
The level of competition is moderate and increasing in the Textile Preparation & Spinning industry in Latvia.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
- Footwear Manufacturing in Latvia
Table of Contents
About this industry
Industry definition
Companies in this industry conduct preparatory operations on textile fibers and engage in the spinning of textile fibers. These processes apply to a wide range of raw materials, including silk, wool, other animal, vegetable, paper or glass.
What's included in this industry?
Reeling and washing of silkDegreasing and carbonizing carbonising of wool and dyeing of wool fleece Spinning and manufacture of yarn or thread for weaving or sewingCatching of flaxTexturising, twisting, folding, cabling and dipping of synthetic filament yarnsIndustry Code
1311 - Preparation and spinning of textile fibres in Latvia
Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Current Performance
Charts
- Revenue in the Textile Preparation & Spinning in Latvia
- Employees in the Textile Preparation & Spinning in Latvia
- Business in the Textile Preparation & Spinning in Latvia
- Profit in the Textile Preparation & Spinning in Latvia
Current Performance
Analysis
How does this country's performance compare to Europe?
Life Cycle
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
International Trade
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
ANALYSIS
What is the competitive landscape in Europe?
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Stringent regulations shape textile preparation and spinning processes. Textile production must adhere to environmental regulations concerning waste disposal, water usage and chemical utilisation.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Textile Preparation & Spinning in Latvia industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Surging input costs are reducing profitability in the textile industry. Despite price increases and the transition to eco-friendly alternatives, textile preparation companies are burdened with absorbing some costs, reducing profit.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Textile Preparation & Spinning in Latvia industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
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