| Product Code: ETC5747231 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 | |
Latvia continued to import expanded polystyrene (EPS) primarily from Czechia, Poland, Germany, Netherlands, and Estonia in 2024, indicating a consistent demand for the product. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 14.12%. The high Herfindahl-Hirschman Index (HHI) suggests a concentrated market, emphasizing the dominance of these key exporting countries in supplying EPS to Latvia. Overall, the EPS import market in Latvia demonstrates stability and sustained growth potential.
| 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 Polystyrene (EPS) Market Overview | 
| 3.1 Latvia Country Macro Economic Indicators | 
| 3.2 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume, 2021 & 2031F | 
| 3.3 Latvia Expanded Polystyrene (EPS) Market - Industry Life Cycle | 
| 3.4 Latvia Expanded Polystyrene (EPS) Market - Porter's Five Forces | 
| 3.5 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume Share, By Product Type, 2021 & 2031F | 
| 3.6 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume Share, By Market Product Type, 2021 & 2031F | 
| 3.7 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume Share, By End Use Industry, 2021 & 2031F | 
| 4 Latvia Expanded Polystyrene (EPS) Market Dynamics | 
| 4.1 Impact Analysis | 
| 4.2 Market Drivers | 
| 4.2.1 Growing construction industry in Latvia, leading to increased demand for expanded polystyrene (EPS) as insulation material. | 
| 4.2.2 Rising awareness about the benefits of EPS in terms of energy efficiency and sustainability. | 
| 4.2.3 Government regulations promoting the use of EPS in construction projects to meet energy efficiency standards. | 
| 4.3 Market Restraints | 
| 4.3.1 Volatility in raw material prices impacting the production cost of EPS. | 
| 4.3.2 Competition from alternative insulation materials such as mineral wool or polyurethane foam. | 
| 4.3.3 Fluctuations in construction activities and economic conditions affecting the demand for EPS. | 
| 5 Latvia Expanded Polystyrene (EPS) Market Trends | 
| 6 Latvia Expanded Polystyrene (EPS) Market Segmentations | 
| 6.1 Latvia Expanded Polystyrene (EPS) Market, By Product Type | 
| 6.1.1 Overview and Analysis | 
| 6.1.2 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume, By EPS, 2021-2031F | 
| 6.2 Latvia Expanded Polystyrene (EPS) Market, By Market Product Type | 
| 6.2.1 Overview and Analysis | 
| 6.2.2 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume, By White, 2021-2031F | 
| 6.2.3 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume, By Grey, 2021-2031F | 
| 6.2.4 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume, By Black, 2021-2031F | 
| 6.3 Latvia Expanded Polystyrene (EPS) Market, By End Use Industry | 
| 6.3.1 Overview and Analysis | 
| 6.3.2 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume, By Building & Construction, 2021-2031F | 
| 6.3.3 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume, By Packaging, 2021-2031F | 
| 6.3.4 Latvia Expanded Polystyrene (EPS) Market Revenues & Volume, By Others, 2021-2031F | 
| 7 Latvia Expanded Polystyrene (EPS) Market Import-Export Trade Statistics | 
| 7.1 Latvia Expanded Polystyrene (EPS) Market Export to Major Countries | 
| 7.2 Latvia Expanded Polystyrene (EPS) Market Imports from Major Countries | 
| 8 Latvia Expanded Polystyrene (EPS) Market Key Performance Indicators | 
| 8.1 Energy efficiency rating of buildings using EPS insulation. | 
| 8.2 Adoption rate of EPS in new construction projects. | 
| 8.3 Number of government initiatives or policies supporting the use of EPS in construction. | 
| 8.4 Average price of EPS compared to alternative insulation materials. | 
| 8.5 Number of new EPS manufacturing facilities or capacity expansions in Latvia. | 
| 9 Latvia Expanded Polystyrene (EPS) Market - Opportunity Assessment | 
| 9.1 Latvia Expanded Polystyrene (EPS) Market Opportunity Assessment, By Product Type, 2021 & 2031F | 
| 9.2 Latvia Expanded Polystyrene (EPS) Market Opportunity Assessment, By Market Product Type, 2021 & 2031F | 
| 9.3 Latvia Expanded Polystyrene (EPS) Market Opportunity Assessment, By End Use Industry, 2021 & 2031F | 
| 10 Latvia Expanded Polystyrene (EPS) Market - Competitive Landscape | 
| 10.1 Latvia Expanded Polystyrene (EPS) Market Revenue Share, By Companies, 2024 | 
| 10.2 Latvia Expanded Polystyrene (EPS) Market Competitive Benchmarking, By Operating and Technical Parameters | 
| 11 Company Profiles | 
| 12 Recommendations | 13 Disclaimer |