| Product Code: ETC7908347 | 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 |
The construction and manufacturing import shipments in Latvia have shown significant growth in 2024, with a high concentration of imports coming from Poland, Lithuania, Austria, Estonia, and Germany. The market concentration has increased from high to very high in 2024, indicating a more focused import landscape. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a solid 5.67%, with an impressive growth rate of 31.77% observed from 2023 to 2024. This data suggests a thriving construction and manufacturing import sector in Latvia with strong demand and increasing market competitiveness.

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 Construction & Manufacturing Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Construction & Manufacturing Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Construction & Manufacturing Market - Industry Life Cycle |
3.4 Latvia Construction & Manufacturing Market - Porter's Five Forces |
3.5 Latvia Construction & Manufacturing Market Revenues & Volume Share, By Type, 2021 & 2031F |
4 Latvia Construction & Manufacturing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government investments in infrastructure projects |
4.2.2 Increasing urbanization and population growth |
4.2.3 Technological advancements in construction and manufacturing processes |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Skilled labor shortage |
4.3.3 Regulatory challenges and compliance requirements |
5 Latvia Construction & Manufacturing Market Trends |
6 Latvia Construction & Manufacturing Market, By Types |
6.1 Latvia Construction & Manufacturing Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Construction & Manufacturing Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Construction & Manufacturing Market Revenues & Volume, By Construction Industry, 2021- 2031F |
6.1.4 Latvia Construction & Manufacturing Market Revenues & Volume, By Manufacturing Industry, 2021- 2031F |
7 Latvia Construction & Manufacturing Market Import-Export Trade Statistics |
7.1 Latvia Construction & Manufacturing Market Export to Major Countries |
7.2 Latvia Construction & Manufacturing Market Imports from Major Countries |
8 Latvia Construction & Manufacturing Market Key Performance Indicators |
8.1 Percentage increase in the number of construction permits issued |
8.2 Adoption rate of sustainable construction practices |
8.3 Average project completion time |
8.4 Utilization rate of manufacturing capacity |
8.5 Investment in research and development for new construction materials or technologies |
9 Latvia Construction & Manufacturing Market - Opportunity Assessment |
9.1 Latvia Construction & Manufacturing Market Opportunity Assessment, By Type, 2021 & 2031F |
10 Latvia Construction & Manufacturing Market - Competitive Landscape |
10.1 Latvia Construction & Manufacturing Market Revenue Share, By Companies, 2024 |
10.2 Latvia Construction & Manufacturing 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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