| Product Code: ETC7905176 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The market for automotive decorative exterior trim plastics import shipments in Latvia continued to see diverse sources in 2024, with top exporters including Germany, Poland, China, Lithuania, and Italy. Despite this variety, the market remained highly competitive, with a very low concentration level indicated by the Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was strong at 7.78%, reflecting sustained demand. However, there was a slight decline in growth rate from 2023 to 2024, indicating a temporary slowdown in the market.

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 Decorative Exterior Trim Plastics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Decorative Exterior Trim Plastics Market - Industry Life Cycle |
3.4 Latvia Automotive Decorative Exterior Trim Plastics Market - Porter's Five Forces |
3.5 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
3.8 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Automotive Decorative Exterior Trim Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for customized and aesthetically appealing vehicles |
4.2.2 Growing automotive industry in Latvia leading to higher vehicle production |
4.2.3 Focus on lightweight materials for improved fuel efficiency and reduced emissions |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Stringent regulations related to environmental sustainability and recycling of plastics |
4.3.3 Competition from alternative materials like carbon fiber and aluminum |
5 Latvia Automotive Decorative Exterior Trim Plastics Market Trends |
6 Latvia Automotive Decorative Exterior Trim Plastics Market, By Types |
6.1 Latvia Automotive Decorative Exterior Trim Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Polypropylene, 2021- 2031F |
6.1.4 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.5 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Polyamide, 2021- 2031F |
6.1.6 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Polycarbonate, 2021- 2031F |
6.1.7 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Polyethylene, 2021- 2031F |
6.1.8 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Automotive Decorative Exterior Trim Plastics Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.2.3 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.2.4 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Heavy Trucks, 2021- 2031F |
6.2.5 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Buses, 2021- 2031F |
6.3 Latvia Automotive Decorative Exterior Trim Plastics Market, By Sales Channel |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By First Fit, 2021- 2031F |
6.3.3 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Replacement, 2021- 2031F |
6.4 Latvia Automotive Decorative Exterior Trim Plastics Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Interior, 2021- 2031F |
6.4.3 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Exterior, 2021- 2031F |
6.4.4 Latvia Automotive Decorative Exterior Trim Plastics Market Revenues & Volume, By Under Bonnet, 2021- 2031F |
7 Latvia Automotive Decorative Exterior Trim Plastics Market Import-Export Trade Statistics |
7.1 Latvia Automotive Decorative Exterior Trim Plastics Market Export to Major Countries |
7.2 Latvia Automotive Decorative Exterior Trim Plastics Market Imports from Major Countries |
8 Latvia Automotive Decorative Exterior Trim Plastics Market Key Performance Indicators |
8.1 Adoption rate of advanced manufacturing technologies in the production of automotive decorative exterior trim plastics |
8.2 Percentage of vehicles in Latvia equipped with decorative exterior trim plastics |
8.3 Rate of innovation in terms of new designs and technologies for automotive decorative exterior trim plastics |
9 Latvia Automotive Decorative Exterior Trim Plastics Market - Opportunity Assessment |
9.1 Latvia Automotive Decorative Exterior Trim Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Automotive Decorative Exterior Trim Plastics Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 Latvia Automotive Decorative Exterior Trim Plastics Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
9.4 Latvia Automotive Decorative Exterior Trim Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Automotive Decorative Exterior Trim Plastics Market - Competitive Landscape |
10.1 Latvia Automotive Decorative Exterior Trim Plastics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Decorative Exterior Trim Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |