| Product Code: ETC5869724 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia saw a steady increase in automotive glazing import shipments, with top exporting countries being Poland, Estonia, China, Hong Kong, and Germany. Despite moderate concentration levels indicated by the HHI, the industry experienced a notable CAGR of 16.8% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -5.96%. This data suggests a strong market for automotive glazing in Latvia, with diverse sources of supply contributing to its growth and stability.

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 Automotive Glazing Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Glazing Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Glazing Market - Industry Life Cycle |
3.4 Latvia Automotive Glazing Market - Porter's Five Forces |
3.5 Latvia Automotive Glazing Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Latvia Automotive Glazing Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Latvia Automotive Glazing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and energy-efficient glazing solutions in the automotive industry. |
4.2.2 Technological advancements leading to the development of advanced glazing materials and coatings. |
4.2.3 Growing focus on improving safety and comfort features in vehicles, driving the adoption of high-quality glazing products. |
4.2.4 Rise in the production and sales of automobiles in Latvia, boosting the demand for automotive glazing. |
4.2.5 Government regulations promoting the use of environmentally friendly and sustainable materials in vehicles. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the production costs of automotive glazing. |
4.3.2 Economic uncertainties affecting consumer spending on new vehicles, thereby impacting the demand for automotive glazing. |
4.3.3 Intense competition among market players leading to pricing pressures and margin challenges. |
4.3.4 Supply chain disruptions and logistics issues affecting the timely delivery of automotive glazing products. |
4.3.5 Limited consumer awareness about the benefits of advanced automotive glazing solutions. |
5 Latvia Automotive Glazing Market Trends |
6 Latvia Automotive Glazing Market Segmentations |
6.1 Latvia Automotive Glazing Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Glazing Market Revenues & Volume, By Sidelite, 2021-2031F |
6.1.3 Latvia Automotive Glazing Market Revenues & Volume, By Backlite, 2021-2031F |
6.1.4 Latvia Automotive Glazing Market Revenues & Volume, By Sunroof, 2021-2031F |
6.1.5 Latvia Automotive Glazing Market Revenues & Volume, By Lighting, 2021-2031F |
6.1.6 Latvia Automotive Glazing Market Revenues & Volume, By Rear Quarter Glass, 2021-2031F |
6.2 Latvia Automotive Glazing Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Glazing Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.2.3 Latvia Automotive Glazing Market Revenues & Volume, By Light , 2021-2031F |
6.2.4 Latvia Automotive Glazing Market Revenues & Volume, By Heavy Commercial, 2021-2031F |
6.2.5 Latvia Automotive Glazing Market Revenues & Volume, By Off-Highway, 2021-2031F |
6.2.6 Latvia Automotive Glazing Market Revenues & Volume, By Electric, 2021-2031F |
7 Latvia Automotive Glazing Market Import-Export Trade Statistics |
7.1 Latvia Automotive Glazing Market Export to Major Countries |
7.2 Latvia Automotive Glazing Market Imports from Major Countries |
8 Latvia Automotive Glazing Market Key Performance Indicators |
8.1 Adoption rate of advanced glazing technologies in the automotive sector. |
8.2 Number of new product launches and innovations in the automotive glazing market. |
8.3 Rate of compliance with government regulations related to the use of sustainable materials in automotive glazing. |
8.4 Customer satisfaction levels with the quality and performance of automotive glazing products. |
8.5 Percentage of automotive manufacturers using energy-efficient glazing solutions in their vehicle models. |
9 Latvia Automotive Glazing Market - Opportunity Assessment |
9.1 Latvia Automotive Glazing Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Latvia Automotive Glazing Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Latvia Automotive Glazing Market - Competitive Landscape |
10.1 Latvia Automotive Glazing Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Glazing 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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