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

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

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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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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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