| Product Code: ETC5734729 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s flexible pipe import market in 2024 saw significant contributions from top exporters Germany, Poland, Estonia, Italy, and Lithuania. Despite the diverse sources, the market remained moderately concentrated with a low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was robust at 8.35%, indicating a positive trend in the import market. However, there was a slight decline in growth rate from 2023 to 2024 at -14.4%, suggesting potential challenges or shifts in the industry during that period.

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 Flexible Pipe Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Flexible Pipe Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Flexible Pipe Market - Industry Life Cycle |
3.4 Latvia Flexible Pipe Market - Porter's Five Forces |
3.5 Latvia Flexible Pipe Market Revenues & Volume Share, By Raw Material, 2021 & 2031F |
3.6 Latvia Flexible Pipe Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Flexible Pipe Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for flexible pipes in various industries such as oil gas, construction, and agriculture. |
4.2.2 Growing focus on infrastructure development and maintenance projects in Latvia. |
4.2.3 Technological advancements leading to the development of more durable and efficient flexible pipe materials. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices affecting the overall cost of flexible pipes. |
4.3.2 Stringent regulations and standards governing the production and use of flexible pipes in Latvia. |
4.3.3 Competition from alternative pipe materials impacting the market growth. |
5 Latvia Flexible Pipe Market Trends |
6 Latvia Flexible Pipe Market Segmentations |
6.1 Latvia Flexible Pipe Market, By Raw Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Flexible Pipe Market Revenues & Volume, By HDPE, 2021-2031F |
6.1.3 Latvia Flexible Pipe Market Revenues & Volume, By PA, 2021-2031F |
6.1.4 Latvia Flexible Pipe Market Revenues & Volume, By PVDF, 2021-2031F |
6.2 Latvia Flexible Pipe Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Flexible Pipe Market Revenues & Volume, By Offshore , 2021-2031F |
6.2.3 Latvia Flexible Pipe Market Revenues & Volume, By Onshore, 2021-2031F |
7 Latvia Flexible Pipe Market Import-Export Trade Statistics |
7.1 Latvia Flexible Pipe Market Export to Major Countries |
7.2 Latvia Flexible Pipe Market Imports from Major Countries |
8 Latvia Flexible Pipe Market Key Performance Indicators |
8.1 Adoption rate of new flexible pipe technologies in Latvia. |
8.2 Average lifespan of flexible pipes in different applications. |
8.3 Rate of investment in research and development for improving flexible pipe materials. |
8.4 Percentage of infrastructure projects utilizing flexible pipes for various applications. |
8.5 Environmental impact assessment of flexible pipe manufacturing processes. |
9 Latvia Flexible Pipe Market - Opportunity Assessment |
9.1 Latvia Flexible Pipe Market Opportunity Assessment, By Raw Material, 2021 & 2031F |
9.2 Latvia Flexible Pipe Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Flexible Pipe Market - Competitive Landscape |
10.1 Latvia Flexible Pipe Market Revenue Share, By Companies, 2024 |
10.2 Latvia Flexible Pipe 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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