| Product Code: ETC7905610 | 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 |
Latvia`s awning import market in 2024 continued to be dominated by imports from China, Poland, Lithuania, Romania, and Czechia, reflecting a high concentration level. However, the market experienced a negative Compound Annual Growth Rate (CAGR) of -5.94% from 2020 to 2024. Furthermore, the growth rate in 2024 specifically saw a steep decline of -21.39%. These trends suggest a challenging environment for awning imports in Latvia, indicating the need for market players to adapt their strategies to navigate the changing landscape effectively.

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 Awning Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Awning Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Awning Market - Industry Life Cycle |
3.4 Latvia Awning Market - Porter's Five Forces |
3.5 Latvia Awning Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Awning Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Awning Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Awning Market Trends |
6 Latvia Awning Market, By Types |
6.1 Latvia Awning Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Awning Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Awning Market Revenues & Volume, By Fixed Awning, 2021- 2031F |
6.1.4 Latvia Awning Market Revenues & Volume, By Retractable Awning, 2021- 2031F |
6.1.5 Latvia Awning Market Revenues & Volume, By Product, 2021- 2031F |
6.1.6 Latvia Awning Market Revenues & Volume, By Patio, 2021- 2031F |
6.1.7 Latvia Awning Market Revenues & Volume, By Window, 2021- 2031F |
6.1.8 Latvia Awning Market Revenues & Volume, By Freestanding, 2021- 2031F |
6.2 Latvia Awning Market, By End User |
6.2.1 Overview and Analysis |
6.2.2 Latvia Awning Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.3 Latvia Awning Market Revenues & Volume, By Residential, 2021- 2031F |
7 Latvia Awning Market Import-Export Trade Statistics |
7.1 Latvia Awning Market Export to Major Countries |
7.2 Latvia Awning Market Imports from Major Countries |
8 Latvia Awning Market Key Performance Indicators |
9 Latvia Awning Market - Opportunity Assessment |
9.1 Latvia Awning Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Awning Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Awning Market - Competitive Landscape |
10.1 Latvia Awning Market Revenue Share, By Companies, 2024 |
10.2 Latvia Awning 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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