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

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: ETC5724488 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

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

Latvia`s commodity plastics import shipments in 2024 saw a notable increase in concentration, shifting from moderate to high concentration compared to the previous year. The top countries exporting to Latvia were Germany, Lithuania, South Korea, Poland, and Belgium. Despite a negative compound annual growth rate (CAGR) of -0.82% from 2020 to 2024, there was a significant growth spurt in 2024 with a growth rate of 12.09% compared to the previous year. This suggests a dynamic and evolving market landscape for commodity plastics in Latvia.

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

Key Highlights of the Report:

  • Latvia Commodity Plastics Market Outlook
  • Market Size of Latvia Commodity Plastics Market, 2024
  • Forecast of Latvia Commodity Plastics Market, 2031
  • Historical Data and Forecast of Latvia Commodity Plastics Revenues & Volume for the Period 2021-2031
  • Latvia Commodity Plastics Market Trend Evolution
  • Latvia Commodity Plastics Market Drivers and Challenges
  • Latvia Commodity Plastics Price Trends
  • Latvia Commodity Plastics Porter`s Five Forces
  • Latvia Commodity Plastics Industry Life Cycle
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By PE for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By PP for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By PVC for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By PS for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By ABS for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By PET for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By PMMA for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By End Use Industry for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By Packaging for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By Construction for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By Consumer Goods for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By Automotive for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By Electronics for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By Textiles for the Period 2021-2031
  • Historical Data and Forecast of Latvia Commodity Plastics Market Revenues & Volume By Medical & Pharmaceutical for the Period 2021-2031
  • Latvia Commodity Plastics Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By End Use Industry
  • Latvia Commodity Plastics Top Companies Market Share
  • Latvia Commodity Plastics Competitive Benchmarking By Technical and Operational Parameters
  • Latvia Commodity Plastics Company Profiles
  • Latvia Commodity Plastics Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

6Wresearch actively monitors the Latvia Commodity Plastics Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Latvia Commodity Plastics Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Plastics Market Overview

3.1 Latvia Country Macro Economic Indicators

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

3.3 Latvia Commodity Plastics Market - Industry Life Cycle

3.4 Latvia Commodity Plastics Market - Porter's Five Forces

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

3.6 Latvia Commodity Plastics Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F

4 Latvia Commodity Plastics Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for lightweight and durable packaging solutions in various industries

4.2.2 Growing focus on sustainable and recyclable plastic materials

4.2.3 Technological advancements leading to the development of innovative plastic products

4.3 Market Restraints

4.3.1 Fluctuating prices of raw materials such as crude oil impacting production costs

4.3.2 Stringent regulations on plastic usage and waste management practices

4.3.3 Competition from alternative materials like biodegradable plastics

5 Latvia Commodity Plastics Market Trends

6 Latvia Commodity Plastics Market Segmentations

6.1 Latvia Commodity Plastics Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Commodity Plastics Market Revenues & Volume, By PE, 2021-2031F

6.1.3 Latvia Commodity Plastics Market Revenues & Volume, By PP, 2021-2031F

6.1.4 Latvia Commodity Plastics Market Revenues & Volume, By PVC, 2021-2031F

6.1.5 Latvia Commodity Plastics Market Revenues & Volume, By PS, 2021-2031F

6.1.6 Latvia Commodity Plastics Market Revenues & Volume, By ABS, 2021-2031F

6.1.7 Latvia Commodity Plastics Market Revenues & Volume, By PET, 2021-2031F

6.2 Latvia Commodity Plastics Market, By End Use Industry

6.2.1 Overview and Analysis

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

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

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

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

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

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

7 Latvia Commodity Plastics Market Import-Export Trade Statistics

7.1 Latvia Commodity Plastics Market Export to Major Countries

7.2 Latvia Commodity Plastics Market Imports from Major Countries

8 Latvia Commodity Plastics Market Key Performance Indicators

8.1 Percentage of recycled plastic used in manufacturing processes

8.2 Research and development investment in bio-based plastic technologies

8.3 Adoption rate of eco-friendly packaging solutions in the market

9 Latvia Commodity Plastics Market - Opportunity Assessment

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

9.2 Latvia Commodity Plastics Market Opportunity Assessment, By End Use Industry, 2021 & 2031F

10 Latvia Commodity Plastics Market - Competitive Landscape

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

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

11 Company Profiles

12 Recommendations

13 Disclaimer

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