| Product Code: ETC12132661 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
Latvia`s expanded polystyrene import market in 2024 continued to showcase a high level of concentration, with top exporters including Czechia, Poland, Germany, Netherlands, and Estonia. Despite a slight decrease in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period 2020-2024 remained strong at 14.12%. This indicates a sustained interest and demand for expanded polystyrene imports in Latvia, highlighting the country`s reliance on these key trading partners for this particular product.

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 Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Expanded Polystyrene Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Expanded Polystyrene Market - Industry Life Cycle |
3.4 Latvia Expanded Polystyrene Market - Porter's Five Forces |
3.5 Latvia Expanded Polystyrene Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Expanded Polystyrene Market Revenues & Volume Share, By Foam Type, 2021 & 2031F |
3.7 Latvia Expanded Polystyrene Market Revenues & Volume Share, By Density, 2021 & 2031F |
3.8 Latvia Expanded Polystyrene Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Expanded Polystyrene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Expanded Polystyrene Market Trends |
6 Latvia Expanded Polystyrene Market, By Types |
6.1 Latvia Expanded Polystyrene Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Expanded Polystyrene Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 Latvia Expanded Polystyrene Market Revenues & Volume, By Expanded EPS Beads, 2021 - 2031F |
6.1.4 Latvia Expanded Polystyrene Market Revenues & Volume, By Expanded EPS Sheets, 2021 - 2031F |
6.1.5 Latvia Expanded Polystyrene Market Revenues & Volume, By Expanded EPS Blocks, 2021 - 2031F |
6.1.6 Latvia Expanded Polystyrene Market Revenues & Volume, By EPS Molding Products, 2021 - 2031F |
6.2 Latvia Expanded Polystyrene Market, By Foam Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Expanded Polystyrene Market Revenues & Volume, By Small Beads, 2021 - 2031F |
6.2.3 Latvia Expanded Polystyrene Market Revenues & Volume, By Rigid Foam Sheets, 2021 - 2031F |
6.2.4 Latvia Expanded Polystyrene Market Revenues & Volume, By Large Foam Blocks, 2021 - 2031F |
6.2.5 Latvia Expanded Polystyrene Market Revenues & Volume, By Custom Molds, 2021 - 2031F |
6.3 Latvia Expanded Polystyrene Market, By Density |
6.3.1 Overview and Analysis |
6.3.2 Latvia Expanded Polystyrene Market Revenues & Volume, By 10“40 kg/m , 2021 - 2031F |
6.3.3 Latvia Expanded Polystyrene Market Revenues & Volume, By 30“60 kg/m , 2021 - 2031F |
6.3.4 Latvia Expanded Polystyrene Market Revenues & Volume, By 40“80 kg/m , 2021 - 2031F |
6.3.5 Latvia Expanded Polystyrene Market Revenues & Volume, By 50“70 kg/m , 2021 - 2031F |
6.4 Latvia Expanded Polystyrene Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Latvia Expanded Polystyrene Market Revenues & Volume, By Packaging Industry, 2021 - 2031F |
6.4.3 Latvia Expanded Polystyrene Market Revenues & Volume, By Construction Industry, 2021 - 2031F |
6.4.4 Latvia Expanded Polystyrene Market Revenues & Volume, By Automotive Industry, 2021 - 2031F |
6.4.5 Latvia Expanded Polystyrene Market Revenues & Volume, By Industrial Packaging, 2021 - 2031F |
7 Latvia Expanded Polystyrene Market Import-Export Trade Statistics |
7.1 Latvia Expanded Polystyrene Market Export to Major Countries |
7.2 Latvia Expanded Polystyrene Market Imports from Major Countries |
8 Latvia Expanded Polystyrene Market Key Performance Indicators |
9 Latvia Expanded Polystyrene Market - Opportunity Assessment |
9.1 Latvia Expanded Polystyrene Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Expanded Polystyrene Market Opportunity Assessment, By Foam Type, 2021 & 2031F |
9.3 Latvia Expanded Polystyrene Market Opportunity Assessment, By Density, 2021 & 2031F |
9.4 Latvia Expanded Polystyrene Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Expanded Polystyrene Market - Competitive Landscape |
10.1 Latvia Expanded Polystyrene Market Revenue Share, By Companies, 2024 |
10.2 Latvia Expanded Polystyrene 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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