| Product Code: ETC7910047 | 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 |
Latvia`s elastomeric coatings import market in 2024 continued to see a high concentration of supply, with top exporters being Italy, Lithuania, Germany, Poland, and Bulgaria. The Herfindahl-Hirschman Index (HHI) remained at a very high level, indicating a concentrated market. However, the market experienced a significant decline in growth, with a negative compound annual growth rate (CAGR) of -20.48% from 2020 to 2024 and a sharp drop in the growth rate from 2023 to 2024, at -89.79%. This data suggests a challenging environment for elastomeric coatings importers 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 Elastomeric Coatings Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Elastomeric Coatings Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Elastomeric Coatings Market - Industry Life Cycle |
3.4 Latvia Elastomeric Coatings Market - Porter's Five Forces |
3.5 Latvia Elastomeric Coatings Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Elastomeric Coatings Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.7 Latvia Elastomeric Coatings Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Elastomeric Coatings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Elastomeric Coatings Market Trends |
6 Latvia Elastomeric Coatings Market, By Types |
6.1 Latvia Elastomeric Coatings Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Elastomeric Coatings Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Elastomeric Coatings Market Revenues & Volume, By Butyl, 2021- 2031F |
6.1.4 Latvia Elastomeric Coatings Market Revenues & Volume, By Polyurethane, 2021- 2031F |
6.1.5 Latvia Elastomeric Coatings Market Revenues & Volume, By Silicone, 2021- 2031F |
6.1.6 Latvia Elastomeric Coatings Market Revenues & Volume, By Acrylic, 2021- 2031F |
6.2 Latvia Elastomeric Coatings Market, By Technology |
6.2.1 Overview and Analysis |
6.2.2 Latvia Elastomeric Coatings Market Revenues & Volume, By Water-borne, 2021- 2031F |
6.2.3 Latvia Elastomeric Coatings Market Revenues & Volume, By Solvent-borne, 2021- 2031F |
6.3 Latvia Elastomeric Coatings Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Elastomeric Coatings Market Revenues & Volume, By Wall Coatings, 2021- 2031F |
6.3.3 Latvia Elastomeric Coatings Market Revenues & Volume, By Roof Coatings, 2021- 2031F |
6.3.4 Latvia Elastomeric Coatings Market Revenues & Volume, By Floor Coatings, 2021- 2031F |
6.3.5 Latvia Elastomeric Coatings Market Revenues & Volume, By Other Applications (Automotive Interior Coatings, etc.), 2021- 2031F |
7 Latvia Elastomeric Coatings Market Import-Export Trade Statistics |
7.1 Latvia Elastomeric Coatings Market Export to Major Countries |
7.2 Latvia Elastomeric Coatings Market Imports from Major Countries |
8 Latvia Elastomeric Coatings Market Key Performance Indicators |
9 Latvia Elastomeric Coatings Market - Opportunity Assessment |
9.1 Latvia Elastomeric Coatings Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Elastomeric Coatings Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.3 Latvia Elastomeric Coatings Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Elastomeric Coatings Market - Competitive Landscape |
10.1 Latvia Elastomeric Coatings Market Revenue Share, By Companies, 2024 |
10.2 Latvia Elastomeric Coatings 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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