| Product Code: ETC5054453 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia continued to see a high concentration of polypropylene imports, with Lithuania, Germany, Netherlands, South Korea, and Belgium being the top exporting countries. Despite a negative Compound Annual Growth Rate (CAGR) of -6.08% from 2020 to 2024, there was a significant growth rate of 32.32% from 2023 to 2024. This indicates a recent uptick in import activity, potentially driven by market dynamics or changing demand patterns. The consistent dominance of these key exporting countries highlights the importance of their trade relationships and the stability they bring to Latvia`s polypropylene supply chain.

The Polypropylene market in Latvia is projected to grow at a stable growth rate of 3.50% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Polypropylene Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polypropylene Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polypropylene Market - Industry Life Cycle |
3.4 Latvia Polypropylene Market - Porter's Five Forces |
3.5 Latvia Polypropylene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polypropylene Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Polypropylene Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Latvia Polypropylene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for polypropylene in various industries such as packaging, automotive, and healthcare. |
4.2.2 Growing focus on sustainable and recyclable materials leading to higher adoption of polypropylene. |
4.2.3 Favorable government regulations promoting the use of polypropylene over other plastics. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the overall production cost of polypropylene. |
4.3.2 Intense competition from alternative materials like polyethylene and polyethylene terephthalate (PET). |
4.3.3 Volatility in global oil prices affecting the pricing of polypropylene. |
5 Latvia Polypropylene Market Trends |
6 Latvia Polypropylene Market Segmentations |
6.1 Latvia Polypropylene Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polypropylene Market Revenues & Volume, By Homopolymer, 2021-2031F |
6.1.3 Latvia Polypropylene Market Revenues & Volume, By Copolymer, 2021-2031F |
6.2 Latvia Polypropylene Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polypropylene Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.3 Latvia Polypropylene Market Revenues & Volume, By Fiber & Raffia, 2021-2031F |
6.2.4 Latvia Polypropylene Market Revenues & Volume, By Film & Sheet, 2021-2031F |
6.2.5 Latvia Polypropylene Market Revenues & Volume, By Blow Molding, 2021-2031F |
6.3 Latvia Polypropylene Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polypropylene Market Revenues & Volume, By Packaging, 2021-2031F |
6.3.3 Latvia Polypropylene Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.4 Latvia Polypropylene Market Revenues & Volume, By Building & Construction, 2021-2031F |
6.3.5 Latvia Polypropylene Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.3.6 Latvia Polypropylene Market Revenues & Volume, By Medical, 2021-2031F |
7 Latvia Polypropylene Market Import-Export Trade Statistics |
7.1 Latvia Polypropylene Market Export to Major Countries |
7.2 Latvia Polypropylene Market Imports from Major Countries |
8 Latvia Polypropylene Market Key Performance Indicators |
8.1 Percentage of recycled polypropylene used in manufacturing processes. |
8.2 Number of new product innovations using polypropylene. |
8.3 Rate of adoption of polypropylene in emerging applications such as 3D printing and electrical components. |
9 Latvia Polypropylene Market - Opportunity Assessment |
9.1 Latvia Polypropylene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polypropylene Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Polypropylene Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Latvia Polypropylene Market - Competitive Landscape |
10.1 Latvia Polypropylene Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polypropylene Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |