| Product Code: ETC7919221 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a shift in polyurethane foam import dynamics with top exporters being Germany, USA, Poland, Lithuania, and Finland. The market concentration improved from high to moderate levels, indicating a more diverse import landscape. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the 2020-2024 period remained positive at 2.63%. This data suggests a stable market with potential for further expansion 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 Polyurethane Foam Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyurethane Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyurethane Foam Market - Industry Life Cycle |
3.4 Latvia Polyurethane Foam Market - Porter's Five Forces |
3.5 Latvia Polyurethane Foam Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyurethane Foam Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Latvia Polyurethane Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Polyurethane Foam Market Trends |
6 Latvia Polyurethane Foam Market, By Types |
6.1 Latvia Polyurethane Foam Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyurethane Foam Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Polyurethane Foam Market Revenues & Volume, By Rigid Foam, 2021- 2031F |
6.1.4 Latvia Polyurethane Foam Market Revenues & Volume, By Flexible Foam, 2021- 2031F |
6.1.5 Latvia Polyurethane Foam Market Revenues & Volume, By Spray Foam, 2021- 2031F |
6.2 Latvia Polyurethane Foam Market, By End-use Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyurethane Foam Market Revenues & Volume, By Automotive, 2021- 2031F |
6.2.3 Latvia Polyurethane Foam Market Revenues & Volume, By Electronics, 2021- 2031F |
6.2.4 Latvia Polyurethane Foam Market Revenues & Volume, By Footwear, 2021- 2031F |
6.2.5 Latvia Polyurethane Foam Market Revenues & Volume, By Packaging, 2021- 2031F |
6.2.6 Latvia Polyurethane Foam Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Polyurethane Foam Market Import-Export Trade Statistics |
7.1 Latvia Polyurethane Foam Market Export to Major Countries |
7.2 Latvia Polyurethane Foam Market Imports from Major Countries |
8 Latvia Polyurethane Foam Market Key Performance Indicators |
9 Latvia Polyurethane Foam Market - Opportunity Assessment |
9.1 Latvia Polyurethane Foam Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyurethane Foam Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Latvia Polyurethane Foam Market - Competitive Landscape |
10.1 Latvia Polyurethane Foam Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyurethane Foam 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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