| Product Code: ETC12132085 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s import of expanded polypropylene foam saw a significant growth rate of 19.37% in 2024, driven by shipments mainly from Estonia, Norway (excluding Svalbard and Jan Mayen), Lithuania, Belgium, and Germany. Despite the moderate concentration according to the HHI index, the compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 5.41%. This indicates a positive trend in the demand for expanded polypropylene foam in Latvia, with neighboring countries playing a key role in supplying to meet this demand.

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 Expanded Polypropylene Foam Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Expanded Polypropylene Foam Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Expanded Polypropylene Foam Market - Industry Life Cycle |
3.4 Latvia Expanded Polypropylene Foam Market - Porter's Five Forces |
3.5 Latvia Expanded Polypropylene Foam Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Expanded Polypropylene Foam Market Revenues & Volume Share, By Foam Type, 2021 & 2031F |
3.7 Latvia Expanded Polypropylene Foam Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Expanded Polypropylene Foam Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Expanded Polypropylene Foam Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Expanded Polypropylene Foam Market Trends |
6 Latvia Expanded Polypropylene Foam Market, By Types |
6.1 Latvia Expanded Polypropylene Foam Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By EPP Beads, 2021 - 2031F |
6.1.4 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By EPP Blocks, 2021 - 2031F |
6.1.5 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By EPP Sheets, 2021 - 2031F |
6.1.6 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By EPP Components, 2021 - 2031F |
6.2 Latvia Expanded Polypropylene Foam Market, By Foam Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Microbeads, 2021 - 2031F |
6.2.3 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Molding Foam, 2021 - 2031F |
6.2.4 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Flexible Foam Sheets, 2021 - 2031F |
6.2.5 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Customized Foam Parts, 2021 - 2031F |
6.3 Latvia Expanded Polypropylene Foam Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Industrial Packaging, 2021 - 2031F |
6.3.3 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Impact Absorption, 2021 - 2031F |
6.3.4 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Protective Packaging, 2021 - 2031F |
6.3.5 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.4 Latvia Expanded Polypropylene Foam Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Logistics Companies, 2021 - 2031F |
6.4.3 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Automotive Industry, 2021 - 2031F |
6.4.4 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Household Appliances, 2021 - 2031F |
6.4.5 Latvia Expanded Polypropylene Foam Market Revenues & Volume, By Electronics Manufacturers, 2021 - 2031F |
7 Latvia Expanded Polypropylene Foam Market Import-Export Trade Statistics |
7.1 Latvia Expanded Polypropylene Foam Market Export to Major Countries |
7.2 Latvia Expanded Polypropylene Foam Market Imports from Major Countries |
8 Latvia Expanded Polypropylene Foam Market Key Performance Indicators |
9 Latvia Expanded Polypropylene Foam Market - Opportunity Assessment |
9.1 Latvia Expanded Polypropylene Foam Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Expanded Polypropylene Foam Market Opportunity Assessment, By Foam Type, 2021 & 2031F |
9.3 Latvia Expanded Polypropylene Foam Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Expanded Polypropylene Foam Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Expanded Polypropylene Foam Market - Competitive Landscape |
10.1 Latvia Expanded Polypropylene Foam Market Revenue Share, By Companies, 2024 |
10.2 Latvia Expanded Polypropylene Foam 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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