| Product Code: ETC7909621 | 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 |
Latvia`s dock decking import market in 2024 saw significant contributions from top exporters such as Germany, Poland, and China, indicating a diverse supply chain. Despite this, the market remained highly competitive with a low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) for the period 2020-2024 was a promising 7.78%, although there was a slight decline in growth rate from 2023 to 2024 at -11.47%. Overall, the market for dock decking imports in Latvia displayed steady growth potential and resilience in the face of market fluctuations.

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 Dock Decking Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Dock Decking Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Dock Decking Market - Industry Life Cycle |
3.4 Latvia Dock Decking Market - Porter's Five Forces |
3.5 Latvia Dock Decking Market Revenues & Volume Share, By Dock Type, 2021 & 2031F |
3.6 Latvia Dock Decking Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Dock Decking Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Dock Decking Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for eco-friendly and sustainable decking materials |
4.2.2 Growth in tourism industry leading to the development of marinas and docks |
4.2.3 Government initiatives promoting the use of locally sourced materials in construction |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Seasonal variations in construction activities affecting demand for dock decking |
4.3.3 Competition from alternative decking materials in the market |
5 Latvia Dock Decking Market Trends |
6 Latvia Dock Decking Market, By Types |
6.1 Latvia Dock Decking Market, By Dock Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Dock Decking Market Revenues & Volume, By Dock Type, 2021- 2031F |
6.1.3 Latvia Dock Decking Market Revenues & Volume, By Floating, 2021- 2031F |
6.1.4 Latvia Dock Decking Market Revenues & Volume, By Fixed, 2021- 2031F |
6.2 Latvia Dock Decking Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Dock Decking Market Revenues & Volume, By Wood, 2021- 2031F |
6.2.3 Latvia Dock Decking Market Revenues & Volume, By Plastic, 2021- 2031F |
6.2.4 Latvia Dock Decking Market Revenues & Volume, By Metal, 2021- 2031F |
6.2.5 Latvia Dock Decking Market Revenues & Volume, By Others (Composite, Concrete, etc.), 2021- 2031F |
6.3 Latvia Dock Decking Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Dock Decking Market Revenues & Volume, By Ports, 2021- 2031F |
6.3.3 Latvia Dock Decking Market Revenues & Volume, By Scaffold/Work Platforms, 2021- 2031F |
6.3.4 Latvia Dock Decking Market Revenues & Volume, By Water Sports, 2021- 2031F |
6.3.5 Latvia Dock Decking Market Revenues & Volume, By Leisure, 2021- 2031F |
6.3.6 Latvia Dock Decking Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Dock Decking Market Import-Export Trade Statistics |
7.1 Latvia Dock Decking Market Export to Major Countries |
7.2 Latvia Dock Decking Market Imports from Major Countries |
8 Latvia Dock Decking Market Key Performance Indicators |
8.1 Adoption rate of eco-friendly decking materials in the construction industry |
8.2 Number of new marina and dock projects initiated in Latvia |
8.3 Percentage of government projects using locally sourced decking materials |
8.4 Average production cost per unit of dock decking |
8.5 Customer satisfaction ratings for dock decking products |
9 Latvia Dock Decking Market - Opportunity Assessment |
9.1 Latvia Dock Decking Market Opportunity Assessment, By Dock Type, 2021 & 2031F |
9.2 Latvia Dock Decking Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Dock Decking Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Dock Decking Market - Competitive Landscape |
10.1 Latvia Dock Decking Market Revenue Share, By Companies, 2024 |
10.2 Latvia Dock Decking 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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