| Product Code: ETC5260337 | 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 |
In 2024, Latvia`s construction plastics import market continued to show moderate concentration levels, with top exporters being Germany, Lithuania, South Korea, Poland, and Belgium. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -1.12%, there was a notable growth spurt in 2024 with a growth rate of 12.37% compared to the previous year. This indicates a potential resurgence in demand for construction plastics in Latvia, driven by imports from key trading partners.

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 Plastics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Construction Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Construction Plastics Market - Industry Life Cycle |
3.4 Latvia Construction Plastics Market - Porter's Five Forces |
3.5 Latvia Construction Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Construction Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Construction Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for sustainable and eco-friendly construction materials |
4.2.2 Increasing investments in infrastructure development projects in Latvia |
4.2.3 Technological advancements leading to the development of innovative construction plastics products |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations related to environmental impact and waste management |
4.3.3 Competition from alternative materials like steel and concrete in the construction industry |
5 Latvia Construction Plastics Market Trends |
6 Latvia Construction Plastics Market Segmentations |
6.1 Latvia Construction Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Construction Plastics Market Revenues & Volume, By Pvc, 2021-2031F |
6.1.3 Latvia Construction Plastics Market Revenues & Volume, By Polyurethane, 2021-2031F |
6.1.4 Latvia Construction Plastics Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.5 Latvia Construction Plastics Market Revenues & Volume, By Polyethylene, 2021-2031F |
6.2 Latvia Construction Plastics Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Construction Plastics Market Revenues & Volume, By Window, 2021-2031F |
6.2.3 Latvia Construction Plastics Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.4 Latvia Construction Plastics Market Revenues & Volume, By Flooring, 2021-2031F |
6.2.5 Latvia Construction Plastics Market Revenues & Volume, By Insulation, 2021-2031F |
6.2.6 Latvia Construction Plastics Market Revenues & Volume, By Piping, 2021-2031F |
7 Latvia Construction Plastics Market Import-Export Trade Statistics |
7.1 Latvia Construction Plastics Market Export to Major Countries |
7.2 Latvia Construction Plastics Market Imports from Major Countries |
8 Latvia Construction Plastics Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly construction plastics in Latvia |
8.2 Number of infrastructure projects utilizing construction plastics |
8.3 Rate of new product development and innovation in the construction plastics sector |
9 Latvia Construction Plastics Market - Opportunity Assessment |
9.1 Latvia Construction Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Construction Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Construction Plastics Market - Competitive Landscape |
10.1 Latvia Construction Plastics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Construction Plastics 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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