Latvia Extruded Polystyrene Insulation Material Market (2025-2031) | Challenges, Supply, Pricing Analysis, Revenue, Share, Trends, Competition, Restraints, Investment Trends, Size, Drivers, Opportunities, Consumer Insights, Strategy, Industry, Segments, Analysis, Value, Companies, Outlook, Growth, Forecast, Segmentation, Competitive, Demand, Strategic Insights

Name: Latvia Extruded Polystyrene Insulation Material Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Product Type (Extruded Polystyrene Panels, XPS Board Insulation, XPS Insulation Boards, High-Performance XPS Insulation), By Insulation Type (Insulating Foam Panels, Closed-cell Polystyrene, Durable Rigid Panels, Advanced Insulation), By Technology Type (Eco-friendly Insulation, Thermal Insulation Technology, Lightweight Insulating Material, Cold-resistant Materials), By End User (Construction and Real Estate Developers, Residential and Commercial Properties, Contractors and Homebuilders, HVAC and Refrigeration Industries) And Competitive Landscape

Product Code: ETC12138997	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 Extruded Polystyrene Insulation Material Market Top 5 Importing Countries and Market Competition (HHI) Analysis

The import shipments of extruded polystyrene insulation material into Latvia in 2024 continued to show a moderate level of concentration with top exporting countries being Estonia, Norway (excluding Svalbard and Jan Mayen), Lithuania, Belgium, and Germany. The industry experienced a healthy Compound Annual Growth Rate (CAGR) of 5.41% from 2020 to 2024, with a notable growth spurt of 19.37% from 2023 to 2024. This data suggests a positive trend in the demand for extruded polystyrene insulation material in Latvia, driven by imports from key neighboring countries.

Latvia Extruded Polystyrene Insulation Material Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

Latvia Extruded Polystyrene Insulation Material Market Outlook
Market Size of Latvia Extruded Polystyrene Insulation Material Market,2024
Forecast of Latvia Extruded Polystyrene Insulation Material Market, 2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Revenues & Volume for the Period 2021-2031
Latvia Extruded Polystyrene Insulation Material Market Trend Evolution
Latvia Extruded Polystyrene Insulation Material Market Drivers and Challenges
Latvia Extruded Polystyrene Insulation Material Price Trends
Latvia Extruded Polystyrene Insulation Material Porter's Five Forces
Latvia Extruded Polystyrene Insulation Material Industry Life Cycle
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Product Type for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Extruded Polystyrene Panels for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By XPS Board Insulation for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By XPS Insulation Boards for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By High-Performance XPS Insulation for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Insulation Type for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Insulating Foam Panels for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Closed-cell Polystyrene for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Durable Rigid Panels for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Advanced Insulation for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Technology Type for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Eco-friendly Insulation for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Thermal Insulation Technology for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Lightweight Insulating Material for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Cold-resistant Materials for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By End User for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Construction and Real Estate Developers for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Residential and Commercial Properties for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By Contractors and Homebuilders for the Period 2021-2031
Historical Data and Forecast of Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume By HVAC and Refrigeration Industries for the Period 2021-2031
Latvia Extruded Polystyrene Insulation Material Import Export Trade Statistics
Market Opportunity Assessment By Product Type
Market Opportunity Assessment By Insulation Type
Market Opportunity Assessment By Technology Type
Market Opportunity Assessment By End User
Latvia Extruded Polystyrene Insulation Material Top Companies Market Share
Latvia Extruded Polystyrene Insulation Material Competitive Benchmarking By Technical and Operational Parameters
Latvia Extruded Polystyrene Insulation Material Company Profiles
Latvia Extruded Polystyrene Insulation Material Key Strategic Recommendations

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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 Extruded Polystyrene Insulation Material Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Extruded Polystyrene Insulation Material Market - Industry Life Cycle

3.4 Latvia Extruded Polystyrene Insulation Material Market - Porter's Five Forces

3.5 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume Share, By Product Type, 2021 & 2031F

3.6 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume Share, By Insulation Type, 2021 & 2031F

3.7 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume Share, By Technology Type, 2021 & 2031F

3.8 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume Share, By End User, 2021 & 2031F

4 Latvia Extruded Polystyrene Insulation Material Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5 Latvia Extruded Polystyrene Insulation Material Market Trends

6 Latvia Extruded Polystyrene Insulation Material Market, By Types

6.1 Latvia Extruded Polystyrene Insulation Material Market, By Product Type

6.1.1 Overview and Analysis

6.1.2 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Product Type, 2021 - 2031F

6.1.3 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Extruded Polystyrene Panels, 2021 - 2031F

6.1.4 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By XPS Board Insulation, 2021 - 2031F

6.1.5 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By XPS Insulation Boards, 2021 - 2031F

6.1.6 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By High-Performance XPS Insulation, 2021 - 2031F

6.2 Latvia Extruded Polystyrene Insulation Material Market, By Insulation Type

6.2.1 Overview and Analysis

6.2.2 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Insulating Foam Panels, 2021 - 2031F

6.2.3 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Closed-cell Polystyrene, 2021 - 2031F

6.2.4 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Durable Rigid Panels, 2021 - 2031F

6.2.5 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Advanced Insulation, 2021 - 2031F

6.3 Latvia Extruded Polystyrene Insulation Material Market, By Technology Type

6.3.1 Overview and Analysis

6.3.2 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Eco-friendly Insulation, 2021 - 2031F

6.3.3 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Thermal Insulation Technology, 2021 - 2031F

6.3.4 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Lightweight Insulating Material, 2021 - 2031F

6.3.5 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Cold-resistant Materials, 2021 - 2031F

6.4 Latvia Extruded Polystyrene Insulation Material Market, By End User

6.4.1 Overview and Analysis

6.4.2 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Construction and Real Estate Developers, 2021 - 2031F

6.4.3 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Residential and Commercial Properties, 2021 - 2031F

6.4.4 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By Contractors and Homebuilders, 2021 - 2031F

6.4.5 Latvia Extruded Polystyrene Insulation Material Market Revenues & Volume, By HVAC and Refrigeration Industries, 2021 - 2031F

7 Latvia Extruded Polystyrene Insulation Material Market Import-Export Trade Statistics

7.1 Latvia Extruded Polystyrene Insulation Material Market Export to Major Countries

7.2 Latvia Extruded Polystyrene Insulation Material Market Imports from Major Countries

8 Latvia Extruded Polystyrene Insulation Material Market Key Performance Indicators

9 Latvia Extruded Polystyrene Insulation Material Market - Opportunity Assessment

9.1 Latvia Extruded Polystyrene Insulation Material Market Opportunity Assessment, By Product Type, 2021 & 2031F

9.2 Latvia Extruded Polystyrene Insulation Material Market Opportunity Assessment, By Insulation Type, 2021 & 2031F

9.3 Latvia Extruded Polystyrene Insulation Material Market Opportunity Assessment, By Technology Type, 2021 & 2031F

9.4 Latvia Extruded Polystyrene Insulation Material Market Opportunity Assessment, By End User, 2021 & 2031F

10 Latvia Extruded Polystyrene Insulation Material Market - Competitive Landscape

10.1 Latvia Extruded Polystyrene Insulation Material Market Revenue Share, By Companies, 2024

10.2 Latvia Extruded Polystyrene Insulation Material Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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