| Product Code: ETC5711321 | 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`s import of composite rollers in 2024 saw a diverse range of top exporting countries including Germany, Denmark, Poland, China, and Lithuania. Despite the variety of sources, the market remained highly competitive with a very low Herfindahl-Hirschman Index (HHI) concentration. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 4.83%, showcasing steady expansion. However, there was a slight decline in growth rate from 2023 to 2024 at -15.08%, indicating a potential temporary slowdown in the market. This data suggests a dynamic landscape for composite rollers imports in Latvia.

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 Composite Rollers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Composite Rollers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Composite Rollers Market - Industry Life Cycle |
3.4 Latvia Composite Rollers Market - Porter's Five Forces |
3.5 Latvia Composite Rollers Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.6 Latvia Composite Rollers Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F |
3.7 Latvia Composite Rollers Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
4 Latvia Composite Rollers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and corrosion-resistant materials in industries |
4.2.2 Growing focus on reducing maintenance costs and improving operational efficiency |
4.2.3 Government initiatives promoting the use of eco-friendly and sustainable products in manufacturing processes |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing composite rollers in industrial applications |
4.3.2 Limited awareness and understanding of the benefits of composite rollers among end-users |
4.3.3 Challenges in achieving the same load-bearing capacity as traditional steel rollers |
5 Latvia Composite Rollers Market Trends |
6 Latvia Composite Rollers Market Segmentations |
6.1 Latvia Composite Rollers Market, By Fiber Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Composite Rollers Market Revenues & Volume, By Carbon, 2021-2031F |
6.1.3 Latvia Composite Rollers Market Revenues & Volume, By Glass, 2021-2031F |
6.1.4 Latvia Composite Rollers Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Composite Rollers Market, By End Use Industry |
6.2.1 Overview and Analysis |
6.2.2 Latvia Composite Rollers Market Revenues & Volume, By Mining, 2021-2031F |
6.2.3 Latvia Composite Rollers Market Revenues & Volume, By Pulp & Paper, 2021-2031F |
6.2.4 Latvia Composite Rollers Market Revenues & Volume, By Textile, 2021-2031F |
6.2.5 Latvia Composite Rollers Market Revenues & Volume, By Film & Foil Processing, 2021-2031F |
6.3 Latvia Composite Rollers Market, By Resin Type |
6.3.1 Overview and Analysis |
6.3.2 Latvia Composite Rollers Market Revenues & Volume, By Thermoset, 2021-2031F |
6.3.3 Latvia Composite Rollers Market Revenues & Volume, By Thermoplastic, 2021-2031F |
7 Latvia Composite Rollers Market Import-Export Trade Statistics |
7.1 Latvia Composite Rollers Market Export to Major Countries |
7.2 Latvia Composite Rollers Market Imports from Major Countries |
8 Latvia Composite Rollers Market Key Performance Indicators |
8.1 Percentage increase in adoption of composite rollers by key industries in Latvia |
8.2 Average reduction in maintenance costs achieved by companies using composite rollers |
8.3 Number of research and development initiatives focused on enhancing the performance of composite rollers in industrial applications |
9 Latvia Composite Rollers Market - Opportunity Assessment |
9.1 Latvia Composite Rollers Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.2 Latvia Composite Rollers Market Opportunity Assessment, By End Use Industry, 2021 & 2031F |
9.3 Latvia Composite Rollers Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
10 Latvia Composite Rollers Market - Competitive Landscape |
10.1 Latvia Composite Rollers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Composite Rollers 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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