| Product Code: ETC5869458 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Latvia`s automotive glass import market continued to showcase strong growth, with top exporting countries being Poland, Lithuania, Germany, Turkey, and Norway. The high Herfindahl-Hirschman Index (HHI) concentration indicates a competitive market landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stood at 1.01, demonstrating steady expansion. Additionally, the impressive growth rate of 8.46 from 2023 to 2024 highlights increasing demand and opportunities for market players in the automotive glass segment.

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 Glass Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Automotive Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Automotive Glass Market - Industry Life Cycle |
3.4 Latvia Automotive Glass Market - Porter's Five Forces |
3.5 Latvia Automotive Glass Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Automotive Glass Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Automotive Glass Market Revenues & Volume Share, By Smart Glass, 2021 & 2031F |
3.8 Latvia Automotive Glass Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
4 Latvia Automotive Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for automobiles in Latvia |
4.2.2 Increasing focus on vehicle safety and aesthetics |
4.2.3 Technological advancements in automotive glass manufacturing |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition in the automotive glass market |
4.3.3 Economic uncertainties impacting consumer spending on vehicles |
5 Latvia Automotive Glass Market Trends |
6 Latvia Automotive Glass Market Segmentations |
6.1 Latvia Automotive Glass Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Automotive Glass Market Revenues & Volume, By Laminated, 2021-2031F |
6.1.3 Latvia Automotive Glass Market Revenues & Volume, By Tempered, 2021-2031F |
6.2 Latvia Automotive Glass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Automotive Glass Market Revenues & Volume, By Windshield, 2021-2031F |
6.2.3 Latvia Automotive Glass Market Revenues & Volume, By Sidelite & Backlite, 2021-2031F |
6.2.4 Latvia Automotive Glass Market Revenues & Volume, By Side & Rearview Mirror, 2021-2031F |
6.3 Latvia Automotive Glass Market, By Smart Glass |
6.3.1 Overview and Analysis |
6.3.2 Latvia Automotive Glass Market Revenues & Volume, By Technology, 2021-2031F |
6.3.3 Latvia Automotive Glass Market Revenues & Volume, By Application, 2021-2031F |
6.4 Latvia Automotive Glass Market, By Vehicle Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Automotive Glass Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.4.3 Latvia Automotive Glass Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.4.4 Latvia Automotive Glass Market Revenues & Volume, By Heavy Commercial Vehicles, 2021-2031F |
6.4.5 Latvia Automotive Glass Market Revenues & Volume, By Electric Vehicles, 2021-2031F |
7 Latvia Automotive Glass Market Import-Export Trade Statistics |
7.1 Latvia Automotive Glass Market Export to Major Countries |
7.2 Latvia Automotive Glass Market Imports from Major Countries |
8 Latvia Automotive Glass Market Key Performance Indicators |
8.1 Adoption rate of advanced automotive glass technologies in Latvia |
8.2 Number of new vehicle registrations in the country |
8.3 Rate of automotive glass replacement and repair services in the market |
9 Latvia Automotive Glass Market - Opportunity Assessment |
9.1 Latvia Automotive Glass Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Automotive Glass Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Automotive Glass Market Opportunity Assessment, By Smart Glass, 2021 & 2031F |
9.4 Latvia Automotive Glass Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
10 Latvia Automotive Glass Market - Competitive Landscape |
10.1 Latvia Automotive Glass Market Revenue Share, By Companies, 2024 |
10.2 Latvia Automotive Glass 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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