| Product Code: ETC7911308 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia saw a steady increase in import shipments of floating covers, with top countries including Metropolitan France, Lithuania, Belgium, Estonia, and Germany. Despite the healthy Compound Annual Growth Rate (CAGR) of 12.92% from 2020 to 2024, there was a slight decline in growth rate from 2023 to 2024 at -2.89%. The market remained competitive with low concentration, indicating a diverse range of suppliers catering to Latvia`s demand for floating covers. Moving forward, it will be crucial for importers to monitor market dynamics and adapt strategies to maintain growth in this sector.

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 Floating Covers Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Floating Covers Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Floating Covers Market - Industry Life Cycle |
3.4 Latvia Floating Covers Market - Porter's Five Forces |
3.5 Latvia Floating Covers Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.6 Latvia Floating Covers Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
4 Latvia Floating Covers Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Floating Covers Market Trends |
6 Latvia Floating Covers Market, By Types |
6.1 Latvia Floating Covers Market, By Material Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Floating Covers Market Revenues & Volume, By Material Type, 2021- 2031F |
6.1.3 Latvia Floating Covers Market Revenues & Volume, By Linear Low-Density Polyethylene (LLDPE), 2021- 2031F |
6.1.4 Latvia Floating Covers Market Revenues & Volume, By High-Density Polyethylene (HDPE), 2021- 2031F |
6.1.5 Latvia Floating Covers Market Revenues & Volume, By Polyvinyl Chloride (PVC), 2021- 2031F |
6.1.6 Latvia Floating Covers Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.2 Latvia Floating Covers Market, By Application Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Floating Covers Market Revenues & Volume, By Mining Storage Ponds, 2021- 2031F |
6.2.3 Latvia Floating Covers Market Revenues & Volume, By Agriculture, 2021- 2031F |
6.2.4 Latvia Floating Covers Market Revenues & Volume, By Waste Water/Liquid Treatment, 2021- 2031F |
6.2.5 Latvia Floating Covers Market Revenues & Volume, By Food Processing and Brewing, 2021- 2031F |
6.2.6 Latvia Floating Covers Market Revenues & Volume, By Chemical Treatment, 2021- 2031F |
6.2.7 Latvia Floating Covers Market Revenues & Volume, By Utilities, 2021- 2031F |
7 Latvia Floating Covers Market Import-Export Trade Statistics |
7.1 Latvia Floating Covers Market Export to Major Countries |
7.2 Latvia Floating Covers Market Imports from Major Countries |
8 Latvia Floating Covers Market Key Performance Indicators |
9 Latvia Floating Covers Market - Opportunity Assessment |
9.1 Latvia Floating Covers Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.2 Latvia Floating Covers Market Opportunity Assessment, By Application Type, 2021 & 2031F |
10 Latvia Floating Covers Market - Competitive Landscape |
10.1 Latvia Floating Covers Market Revenue Share, By Companies, 2024 |
10.2 Latvia Floating Covers 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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