| Product Code: ETC7909800 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continued to rely on drywall imports primarily from Poland, Germany, Denmark, Lithuania, and Finland. The market showed a high concentration with a high Herfindahl-Hirschman Index (HHI). Despite a modest compound annual growth rate (CAGR) of 1.36% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -28.21%. This suggests a challenging year for the Latvian drywall import market, possibly influenced by external factors impacting trade dynamics.

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 Drywall Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Drywall Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Drywall Market - Industry Life Cycle |
3.4 Latvia Drywall Market - Porter's Five Forces |
3.5 Latvia Drywall Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Drywall Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Drywall Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Latvia |
4.2.2 Increasing demand for sustainable and energy-efficient building materials |
4.2.3 Government initiatives promoting infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Competition from alternative building materials like concrete and wood |
4.3.3 Economic and political uncertainties impacting construction projects |
5 Latvia Drywall Market Trends |
6 Latvia Drywall Market, By Types |
6.1 Latvia Drywall Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Drywall Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Drywall Market Revenues & Volume, By Standard, 2021- 2031F |
6.1.4 Latvia Drywall Market Revenues & Volume, By Fire-Resistant, 2021- 2031F |
6.1.5 Latvia Drywall Market Revenues & Volume, By Mold/Moisture Resistant, 2021- 2031F |
6.2 Latvia Drywall Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Drywall Market Revenues & Volume, By Residential, 2021- 2031F |
6.2.3 Latvia Drywall Market Revenues & Volume, By Commercial, 2021- 2031F |
6.2.4 Latvia Drywall Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Latvia Drywall Market Import-Export Trade Statistics |
7.1 Latvia Drywall Market Export to Major Countries |
7.2 Latvia Drywall Market Imports from Major Countries |
8 Latvia Drywall Market Key Performance Indicators |
8.1 Average project completion time in the construction sector |
8.2 Number of new building permits issued in Latvia |
8.3 Adoption rate of sustainable building practices in the construction industry |
9 Latvia Drywall Market - Opportunity Assessment |
9.1 Latvia Drywall Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Drywall Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Drywall Market - Competitive Landscape |
10.1 Latvia Drywall Market Revenue Share, By Companies, 2024 |
10.2 Latvia Drywall 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.
To discover high-growth global markets and optimize your business strategy:
Click Here