| Product Code: ETC7905790 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Latvia`s balsa core materials import market experienced a shift towards moderate concentration in 2024, with top exporters including Poland, Croatia, Germany, Lithuania, and Ukraine. Despite a slight decline in growth rate from 2023 to 2024, the impressive compound annual growth rate of 55.0% over the period of 2020-2024 highlights the market`s overall expansion. This data suggests a dynamic landscape for balsa core materials imports in Latvia, with opportunities for further market development and diversification in the coming years.

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 Balsa Core Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Balsa Core Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Balsa Core Materials Market - Industry Life Cycle |
3.4 Latvia Balsa Core Materials Market - Porter's Five Forces |
3.5 Latvia Balsa Core Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Balsa Core Materials Market Revenues & Volume Share, By Processing, 2021 & 2031F |
3.7 Latvia Balsa Core Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Balsa Core Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in the automotive and aerospace industries |
4.2.2 Growing focus on sustainability and eco-friendly materials |
4.2.3 Rising investments in research and development for enhancing balsa core material properties |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Intense competition from alternative core materials like foam and honeycomb structures |
4.3.3 Regulatory challenges related to environmental standards and certifications for balsa core materials |
5 Latvia Balsa Core Materials Market Trends |
6 Latvia Balsa Core Materials Market, By Types |
6.1 Latvia Balsa Core Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Balsa Core Materials Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Balsa Core Materials Market Revenues & Volume, By Contoured End-grain, 2021- 2031F |
6.1.4 Latvia Balsa Core Materials Market Revenues & Volume, By Rigid End-grain, 2021- 2031F |
6.2 Latvia Balsa Core Materials Market, By Processing |
6.2.1 Overview and Analysis |
6.2.2 Latvia Balsa Core Materials Market Revenues & Volume, By Adhesive Bonding, 2021- 2031F |
6.2.3 Latvia Balsa Core Materials Market Revenues & Volume, By Compression Molding, 2021- 2031F |
6.2.4 Latvia Balsa Core Materials Market Revenues & Volume, By Prepreg Processing, 2021- 2031F |
6.2.5 Latvia Balsa Core Materials Market Revenues & Volume, By Resin Injection, 2021- 2031F |
6.2.6 Latvia Balsa Core Materials Market Revenues & Volume, By Vacuum Infusion, 2021- 2031F |
6.2.7 Latvia Balsa Core Materials Market Revenues & Volume, By Hand Lamination, 2021- 2031F |
6.3 Latvia Balsa Core Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Balsa Core Materials Market Revenues & Volume, By Transportation, 2021- 2031F |
6.3.3 Latvia Balsa Core Materials Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.4 Latvia Balsa Core Materials Market Revenues & Volume, By Buses, 2021- 2031F |
6.3.5 Latvia Balsa Core Materials Market Revenues & Volume, By Railways, 2021- 2031F |
6.3.6 Latvia Balsa Core Materials Market Revenues & Volume, By Aircraft, 2021- 2031F |
6.3.7 Latvia Balsa Core Materials Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.3.8 Latvia Balsa Core Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.3.9 Latvia Balsa Core Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Balsa Core Materials Market Import-Export Trade Statistics |
7.1 Latvia Balsa Core Materials Market Export to Major Countries |
7.2 Latvia Balsa Core Materials Market Imports from Major Countries |
8 Latvia Balsa Core Materials Market Key Performance Indicators |
8.1 Average selling price of balsa core materials |
8.2 Number of new product developments and innovations in balsa core materials |
8.3 Adoption rate of balsa core materials in new applications and industries |
9 Latvia Balsa Core Materials Market - Opportunity Assessment |
9.1 Latvia Balsa Core Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Balsa Core Materials Market Opportunity Assessment, By Processing, 2021 & 2031F |
9.3 Latvia Balsa Core Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Balsa Core Materials Market - Competitive Landscape |
10.1 Latvia Balsa Core Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Balsa Core Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |