| Product Code: ETC12225781 | 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 general purpose polystyrene import market experienced a notable shift in 2024, with top exporters such as Czechia, Lithuania, and Poland showing strong presence. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), increased from moderate to high, indicating a more consolidated market landscape. The impressive compound annual growth rate (CAGR) of 9.75% over the period from 2020 to 2024 highlights the growing demand for general purpose polystyrene in Latvia. Additionally, the steady growth rate of 1.16% from 2023 to 2024 suggests sustained momentum in the import market.

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 General Purpose Polystyrene Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia General Purpose Polystyrene Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia General Purpose Polystyrene Market - Industry Life Cycle |
3.4 Latvia General Purpose Polystyrene Market - Porter's Five Forces |
3.5 Latvia General Purpose Polystyrene Market Revenues & Volume Share, By Resin Type, 2021 & 2031F |
3.6 Latvia General Purpose Polystyrene Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Latvia General Purpose Polystyrene Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia General Purpose Polystyrene Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia General Purpose Polystyrene Market Trends |
6 Latvia General Purpose Polystyrene Market, By Types |
6.1 Latvia General Purpose Polystyrene Market, By Resin Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia General Purpose Polystyrene Market Revenues & Volume, By Resin Type, 2021 - 2031F |
6.1.3 Latvia General Purpose Polystyrene Market Revenues & Volume, By General Purpose Polystyrene, 2021 - 2031F |
6.1.4 Latvia General Purpose Polystyrene Market Revenues & Volume, By High Impact Polystyrene, 2021 - 2031F |
6.1.5 Latvia General Purpose Polystyrene Market Revenues & Volume, By Expandable Polystyrene, 2021 - 2031F |
6.2 Latvia General Purpose Polystyrene Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia General Purpose Polystyrene Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.2.3 Latvia General Purpose Polystyrene Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.2.4 Latvia General Purpose Polystyrene Market Revenues & Volume, By Consumer Goods and Appliances, 2021 - 2031F |
6.2.5 Latvia General Purpose Polystyrene Market Revenues & Volume, By Construction, 2021 - 2031F |
6.2.6 Latvia General Purpose Polystyrene Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia General Purpose Polystyrene Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia General Purpose Polystyrene Market Revenues & Volume, By Packaging, 2021 - 2031F |
6.3.3 Latvia General Purpose Polystyrene Market Revenues & Volume, By Building & construction, 2021 - 2031F |
6.3.4 Latvia General Purpose Polystyrene Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.5 Latvia General Purpose Polystyrene Market Revenues & Volume, By Electrical & Electronic, 2021 - 2031F |
6.3.6 Latvia General Purpose Polystyrene Market Revenues & Volume, By Agriculture, 2021 - 2031F |
6.3.7 Latvia General Purpose Polystyrene Market Revenues & Volume, By Household Leisure & Sports, 2021 - 2029F |
7 Latvia General Purpose Polystyrene Market Import-Export Trade Statistics |
7.1 Latvia General Purpose Polystyrene Market Export to Major Countries |
7.2 Latvia General Purpose Polystyrene Market Imports from Major Countries |
8 Latvia General Purpose Polystyrene Market Key Performance Indicators |
9 Latvia General Purpose Polystyrene Market - Opportunity Assessment |
9.1 Latvia General Purpose Polystyrene Market Opportunity Assessment, By Resin Type, 2021 & 2031F |
9.2 Latvia General Purpose Polystyrene Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Latvia General Purpose Polystyrene Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia General Purpose Polystyrene Market - Competitive Landscape |
10.1 Latvia General Purpose Polystyrene Market Revenue Share, By Companies, 2024 |
10.2 Latvia General Purpose 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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