| Product Code: ETC11946997 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia`s energy curing import shipments continued to be dominated by key exporters such as Finland, Netherlands, Germany, Lithuania, and Poland. Despite a slight decline in the compound annual growth rate (CAGR) from 2020 to 2024 at -1.78%, the growth rate surged by 28.0% in 2024 compared to the previous year. The market remains relatively diverse with low concentration, as indicated by the Herfindahl-Hirschman Index (HHI). This suggests a competitive landscape and opportunities for continued growth and innovation in the energy curing sector 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 Energy Curing Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Energy Curing Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Energy Curing Market - Industry Life Cycle |
3.4 Latvia Energy Curing Market - Porter's Five Forces |
3.5 Latvia Energy Curing Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 Latvia Energy Curing Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Energy Curing Market Revenues & Volume Share, By End user, 2021 & 2031F |
3.8 Latvia Energy Curing Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.9 Latvia Energy Curing Market Revenues & Volume Share, By Formulation Type, 2021 & 2031F |
4 Latvia Energy Curing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Energy Curing Market Trends |
6 Latvia Energy Curing Market, By Types |
6.1 Latvia Energy Curing Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 Latvia Energy Curing Market Revenues & Volume, By Technology, 2021 - 2031F |
6.1.3 Latvia Energy Curing Market Revenues & Volume, By Ultraviolet (UV) Curing, 2021 - 2031F |
6.1.4 Latvia Energy Curing Market Revenues & Volume, By Electron Beam (EB) Curing, 2021 - 2031F |
6.2 Latvia Energy Curing Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Energy Curing Market Revenues & Volume, By Industrial Coatings, 2021 - 2031F |
6.2.3 Latvia Energy Curing Market Revenues & Volume, By Automotive Coatings, 2021 - 2031F |
6.3 Latvia Energy Curing Market, By End user |
6.3.1 Overview and Analysis |
6.3.2 Latvia Energy Curing Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Latvia Energy Curing Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.4 Latvia Energy Curing Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Latvia Energy Curing Market Revenues & Volume, By Curable Coatings, 2021 - 2031F |
6.4.3 Latvia Energy Curing Market Revenues & Volume, By Curable Inks, 2021 - 2031F |
6.5 Latvia Energy Curing Market, By Formulation Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia Energy Curing Market Revenues & Volume, By One-component Systems, 2021 - 2031F |
6.5.3 Latvia Energy Curing Market Revenues & Volume, By Multi-component Systems, 2021 - 2031F |
6.5.4 Latvia Energy Curing Market Revenues & Volume, By Hybrid Systems, 2021 - 2031F |
7 Latvia Energy Curing Market Import-Export Trade Statistics |
7.1 Latvia Energy Curing Market Export to Major Countries |
7.2 Latvia Energy Curing Market Imports from Major Countries |
8 Latvia Energy Curing Market Key Performance Indicators |
9 Latvia Energy Curing Market - Opportunity Assessment |
9.1 Latvia Energy Curing Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 Latvia Energy Curing Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Energy Curing Market Opportunity Assessment, By End user, 2021 & 2031F |
9.4 Latvia Energy Curing Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.5 Latvia Energy Curing Market Opportunity Assessment, By Formulation Type, 2021 & 2031F |
10 Latvia Energy Curing Market - Competitive Landscape |
10.1 Latvia Energy Curing Market Revenue Share, By Companies, 2024 |
10.2 Latvia Energy Curing 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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