| Product Code: ETC5698686 | 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 flexitank import market in 2024 saw consistent growth with a CAGR of 2.15% from 2020 to 2024. Despite a slight decline in growth rate in 2024 at -2.71%, the market remained stable. The top exporting countries to Latvia were Lithuania, Poland, Estonia, Slovakia, and Germany, indicating a diverse and competitive market landscape. With the Herfindahl-Hirschman Index (HHI) reflecting low concentration, this suggests a healthy level of competition among suppliers, benefiting importers in Latvia.

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 Flexitank Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Flexitank Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Flexitank Market - Industry Life Cycle |
3.4 Latvia Flexitank Market - Porter's Five Forces |
3.5 Latvia Flexitank Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Flexitank Market Revenues & Volume Share, By Loading Type, 2021 & 2031F |
3.7 Latvia Flexitank Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Flexitank Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for bulk liquid transportation solutions in Latvia |
4.2.2 Growing focus on cost-effective and eco-friendly logistics solutions |
4.2.3 Expansion of the food and beverage industry in Latvia |
4.3 Market Restraints |
4.3.1 Stringent regulations and standards related to the transportation of liquids |
4.3.2 Competition from alternative bulk liquid transportation methods |
5 Latvia Flexitank Market Trends |
6 Latvia Flexitank Market Segmentations |
6.1 Latvia Flexitank Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Flexitank Market Revenues & Volume, By Monolayer , 2021-2031F |
6.1.3 Latvia Flexitank Market Revenues & Volume, By Multilayer, 2021-2031F |
6.2 Latvia Flexitank Market, By Loading Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Flexitank Market Revenues & Volume, By Bottom Loading , 2021-2031F |
6.2.3 Latvia Flexitank Market Revenues & Volume, By Top Loading, 2021-2031F |
6.3 Latvia Flexitank Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Flexitank Market Revenues & Volume, By Food-Grade Liquids, 2021-2031F |
6.3.3 Latvia Flexitank Market Revenues & Volume, By Non-Hazardous Chemicals/Liquids, 2021-2031F |
6.3.4 Latvia Flexitank Market Revenues & Volume, By Pharmaceutical Liquids, 2021-2031F |
7 Latvia Flexitank Market Import-Export Trade Statistics |
7.1 Latvia Flexitank Market Export to Major Countries |
7.2 Latvia Flexitank Market Imports from Major Countries |
8 Latvia Flexitank Market Key Performance Indicators |
8.1 Average utilization rate of flexitanks in Latvia |
8.2 Number of new contracts or partnerships signed by flexitank providers |
8.3 Rate of adoption of flexitanks by key industries in Latvia |
8.4 Efficiency of flexitank logistics in terms of time and cost savings |
8.5 Customer satisfaction levels with flexitank services |
9 Latvia Flexitank Market - Opportunity Assessment |
9.1 Latvia Flexitank Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Flexitank Market Opportunity Assessment, By Loading Type, 2021 & 2031F |
9.3 Latvia Flexitank Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Flexitank Market - Competitive Landscape |
10.1 Latvia Flexitank Market Revenue Share, By Companies, 2024 |
10.2 Latvia Flexitank 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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