Latvia Commodity Plastic Market (2025-2031) | Forecast, Outlook, Growth, Analysis, Segmentation, Industry, Share, Companies, Competitive Landscape, Trends, Value, Size & Revenue

Name: Latvia Commodity Plastic Market (2025-2031) | Forecast & Outlook
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Commodity Plastic Market, Latvia Commodity Plastic Market, Latvia Commodity Plastic Market Revenues, Latvia Commodity Plastic Market Share, Latvia Commodity Plastic Market Size, Latvia Commodity Plastic Market Outlook, Latvia Commodity Plastic Market Report, Latvia Commodity Plastic Market Competition, Latvia Commodity Plastic Market Overview, Latvia Commodity Plastic Market Trends, Latvia Commodity Plastic Market Forecast

Market Forecast By Type (Pe, Pp, Pvc, Ps, Abs, Pet, Pmma), By End-use Industry (Packaging, Construction, Consumer Goods, Automotive, Electronics, Textiles, Medical & Pharmaceutical) And Competitive Landscape

Product Code: ETC7908142	Publication Date: Sep 2024	Updated Date: Nov 2025	Product Type: Market Research Report
Publisher: 6Wresearch	Author: Sumit Sagar	No. of Pages: 75	No. of Figures: 35	No. of Tables: 20

Latvia Commodity Plastic Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Latvia`s plastic import market in 2024 saw a high concentration with top exporters being Lithuania, Germany, Netherlands, South Korea, and Belgium. Despite a negative compound annual growth rate of -6.08% from 2020 to 2024, there was a notable growth spurt in 2024 with a 32.32% increase compared to the previous year. This indicates a potential shift or boost in demand for plastic imports in Latvia, suggesting opportunities for market players to capitalize on the evolving trends and preferences in the industry.

Latvia Commodity Plastic Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Commodity Plastic Market Outlook
Market Size of Latvia Commodity Plastic Market, 2024
Forecast of Latvia Commodity Plastic Market, 2031
Historical Data and Forecast of Latvia Commodity Plastic Revenues & Volume for the Period 2021- 2031
Latvia Commodity Plastic Market Trend Evolution
Latvia Commodity Plastic Market Drivers and Challenges
Latvia Commodity Plastic Price Trends
Latvia Commodity Plastic Porter's Five Forces
Latvia Commodity Plastic Industry Life Cycle
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Type for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Pe for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Pp for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Pvc for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Ps for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Abs for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Pet for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Pmma for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By End-use Industry for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Packaging for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Construction for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Consumer Goods for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Automotive for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Electronics for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Textiles for the Period 2021- 2031
Historical Data and Forecast of Latvia Commodity Plastic Market Revenues & Volume By Medical & Pharmaceutical for the Period 2021- 2031
Latvia Commodity Plastic Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By End-use Industry
Latvia Commodity Plastic Top Companies Market Share
Latvia Commodity Plastic Competitive Benchmarking By Technical and Operational Parameters
Latvia Commodity Plastic Company Profiles
Latvia Commodity Plastic Key Strategic Recommendations

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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 Commodity Plastic Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Commodity Plastic Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Commodity Plastic Market - Industry Life Cycle

3.4 Latvia Commodity Plastic Market - Porter's Five Forces

3.5 Latvia Commodity Plastic Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Commodity Plastic Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F

4 Latvia Commodity Plastic Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Growing demand for plastic products in various industries such as packaging, automotive, and construction.

4.2.2 Increasing investments in the plastics industry in Latvia.

4.2.3 Technological advancements leading to the development of new and innovative plastic products.

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials used in plastic production, such as crude oil.

4.3.2 Stringent environmental regulations related to plastic use and disposal.

4.3.3 Competition from alternative materials like biodegradable plastics and sustainable packaging solutions.

5 Latvia Commodity Plastic Market Trends

6 Latvia Commodity Plastic Market, By Types

6.1 Latvia Commodity Plastic Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Commodity Plastic Market Revenues & Volume, By Type, 2021- 2031F

6.1.3 Latvia Commodity Plastic Market Revenues & Volume, By Pe, 2021- 2031F

6.1.4 Latvia Commodity Plastic Market Revenues & Volume, By Pp, 2021- 2031F

6.1.5 Latvia Commodity Plastic Market Revenues & Volume, By Pvc, 2021- 2031F

6.1.6 Latvia Commodity Plastic Market Revenues & Volume, By Ps, 2021- 2031F

6.1.7 Latvia Commodity Plastic Market Revenues & Volume, By Abs, 2021- 2031F

6.1.8 Latvia Commodity Plastic Market Revenues & Volume, By Pet, 2021- 2031F

6.2 Latvia Commodity Plastic Market, By End-use Industry

6.2.1 Overview and Analysis

6.2.2 Latvia Commodity Plastic Market Revenues & Volume, By Packaging, 2021- 2031F

6.2.3 Latvia Commodity Plastic Market Revenues & Volume, By Construction, 2021- 2031F

6.2.4 Latvia Commodity Plastic Market Revenues & Volume, By Consumer Goods, 2021- 2031F

6.2.5 Latvia Commodity Plastic Market Revenues & Volume, By Automotive, 2021- 2031F

6.2.6 Latvia Commodity Plastic Market Revenues & Volume, By Electronics, 2021- 2031F

6.2.7 Latvia Commodity Plastic Market Revenues & Volume, By Textiles, 2021- 2031F

7 Latvia Commodity Plastic Market Import-Export Trade Statistics

7.1 Latvia Commodity Plastic Market Export to Major Countries

7.2 Latvia Commodity Plastic Market Imports from Major Countries

8 Latvia Commodity Plastic Market Key Performance Indicators

8.1 Recycling rate of plastic materials in Latvia.

8.2 Adoption rate of sustainable and eco-friendly plastic products.

8.3 Research and development investment in biodegradable plastic technologies.

9 Latvia Commodity Plastic Market - Opportunity Assessment

9.1 Latvia Commodity Plastic Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Commodity Plastic Market Opportunity Assessment, By End-use Industry, 2021 & 2031F

10 Latvia Commodity Plastic Market - Competitive Landscape

10.1 Latvia Commodity Plastic Market Revenue Share, By Companies, 2024

10.2 Latvia Commodity Plastic Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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