| Product Code: ETC4731263 | Publication Date: Nov 2023 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s ABS import market saw a shift in top exporting countries in 2024, with Lithuania, South Korea, Finland, Poland, and Italy leading the pack. Despite a high concentration in 2023, the market remained concentrated in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was -7.8%, indicating a decline in overall import volumes. Furthermore, there was a significant decline in growth rate from 2023 to 2024, dropping by -40.33%. These trends suggest a challenging environment for ABS imports in Latvia, potentially impacted by various market dynamics.

Latvia's Acrylonitrile butadiene styrene (ABS) market is anticipated to experience a stable growth rate of 0.49% by 2027, reflecting trends observed in the largest economy Germany, followed by United Kingdom, France, Italy and Russia.

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 Acrylonitrile butadiene styrene (ABS) Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, 2022 & 2032F |
3.3 Latvia Acrylonitrile butadiene styrene (ABS) Market - Industry Life Cycle |
3.4 Latvia Acrylonitrile butadiene styrene (ABS) Market - Porter's Five Forces |
3.5 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.6 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume Share, By Source, 2022 & 2032F |
3.7 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume Share, By Process, 2022 & 2032F |
3.8 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume Share, By Additives, 2022 & 2032F |
3.9 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume Share, By Product Type, 2022 & 2032F |
4 Latvia Acrylonitrile butadiene styrene (ABS) Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for ABS in various industries such as automotive, electronics, and construction due to its properties like high impact resistance and durability. |
4.2.2 Growing trend towards lightweight materials in manufacturing processes driving the adoption of ABS as it offers a good balance of strength and weight. |
4.2.3 Technological advancements leading to the development of high-performance ABS grades with enhanced properties catering to specific industry requirements. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials used in ABS production impacting the overall cost and profitability. |
4.3.2 Stringent regulations related to environmental concerns and recycling of plastics affecting the production and usage of ABS. |
4.3.3 Competition from alternative materials like polypropylene and polycarbonate posing a challenge to the ABS market. |
5 Latvia Acrylonitrile butadiene styrene (ABS) Market Trends |
6 Latvia Acrylonitrile butadiene styrene (ABS) Market Segmentations |
6.1 Latvia Acrylonitrile butadiene styrene (ABS) Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Appliances, 2022 - 2032F |
6.1.3 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Electrical and Electronics, 2022 - 2032F |
6.1.4 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Automotive, 2022 - 2032F |
6.1.5 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Consumer Goods, 2022 - 2032F |
6.1.6 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Construction, 2022 - 2032F |
6.1.7 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Others, 2022 - 2032F |
6.2 Latvia Acrylonitrile butadiene styrene (ABS) Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Acrylonitrile, 2022 - 2032F |
6.2.3 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Butadiene, 2022 - 2032F |
6.2.4 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Styrene Monomers, 2022 - 2032F |
6.3 Latvia Acrylonitrile butadiene styrene (ABS) Market, By Process |
6.3.1 Overview and Analysis |
6.3.2 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Extrusion, 2022 - 2032F |
6.3.3 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Injection Molding, 2022 - 2032F |
6.4 Latvia Acrylonitrile butadiene styrene (ABS) Market, By Additives |
6.4.1 Overview and Analysis |
6.4.2 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Glass, 2022 - 2032F |
6.4.3 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Polyvinylchloride (PVC), 2022 - 2032F |
6.4.4 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Others, 2022 - 2032F |
6.5 Latvia Acrylonitrile butadiene styrene (ABS) Market, By Product Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Opaque, 2022 - 2032F |
6.5.3 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Transparent, 2022 - 2032F |
6.5.4 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenues & Volume, By Coloured, 2022 - 2032F |
7 Latvia Acrylonitrile butadiene styrene (ABS) Market Import-Export Trade Statistics |
7.1 Latvia Acrylonitrile butadiene styrene (ABS) Market Export to Major Countries |
7.2 Latvia Acrylonitrile butadiene styrene (ABS) Market Imports from Major Countries |
8 Latvia Acrylonitrile butadiene styrene (ABS) Market Key Performance Indicators |
8.1 Recycling rate of ABS materials in Latvia, indicating sustainability efforts and environmental consciousness. |
8.2 Adoption rate of ABS in emerging application areas, reflecting market diversification and growth opportunities. |
8.3 Research and development investments in new ABS formulations and technologies, showcasing innovation and market competitiveness. |
9 Latvia Acrylonitrile butadiene styrene (ABS) Market - Opportunity Assessment |
9.1 Latvia Acrylonitrile butadiene styrene (ABS) Market Opportunity Assessment, By Application, 2022 & 2032F |
9.2 Latvia Acrylonitrile butadiene styrene (ABS) Market Opportunity Assessment, By Source, 2022 & 2032F |
9.3 Latvia Acrylonitrile butadiene styrene (ABS) Market Opportunity Assessment, By Process, 2022 & 2032F |
9.4 Latvia Acrylonitrile butadiene styrene (ABS) Market Opportunity Assessment, By Additives, 2022 & 2032F |
9.5 Latvia Acrylonitrile butadiene styrene (ABS) Market Opportunity Assessment, By Product Type, 2022 & 2032F |
10 Latvia Acrylonitrile butadiene styrene (ABS) Market - Competitive Landscape |
10.1 Latvia Acrylonitrile butadiene styrene (ABS) Market Revenue Share, By Companies, 2025 |
10.2 Latvia Acrylonitrile butadiene styrene (ABS) 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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