| Product Code: ETC7912113 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia`s glass fiber and GFRP composites import market saw a diverse range of suppliers, with Germany, Poland, China, Lithuania, and Italy leading the exports to the country. Despite this, the market exhibited low concentration levels according to the HHI index. The sector demonstrated steady growth with a Compound Annual Growth Rate (CAGR) of 7.77% from 2020 to 2024. However, there was a slight downturn in growth in 2024 with a decrease of -11.36% compared to the previous year. This data suggests a dynamic and evolving market landscape for glass fiber and GFRP composites 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 Glass Fiber And GFRP Composites Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, 2022 & 2032F |
3.3 Latvia Glass Fiber And GFRP Composites Market - Industry Life Cycle |
3.4 Latvia Glass Fiber And GFRP Composites Market - Porter's Five Forces |
3.5 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume Share, By Resin Type, 2022 & 2032F |
3.7 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume Share, By Manufacturing Process, 2022 & 2032F |
3.8 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume Share, By End-Use Industry, 2022 & 2032F |
4 Latvia Glass Fiber And GFRP Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Glass Fiber And GFRP Composites Market Trends |
6 Latvia Glass Fiber And GFRP Composites Market, By Types |
6.1 Latvia Glass Fiber And GFRP Composites Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Continuous Fiber, 2022 - 2032F |
6.1.4 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Chopped Fiber, 2022 - 2032F |
6.1.5 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Others, 2022 - 2032F |
6.2 Latvia Glass Fiber And GFRP Composites Market, By Resin Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Polyester, 2022 - 2032F |
6.2.3 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Vinyl Ester, 2022 - 2032F |
6.2.4 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Epoxy, 2022 - 2032F |
6.2.5 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Polyurethane, 2022 - 2032F |
6.2.6 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Others, 2022 - 2032F |
6.3 Latvia Glass Fiber And GFRP Composites Market, By Manufacturing Process |
6.3.1 Overview and Analysis |
6.3.2 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Hand Layup, 2022 - 2032F |
6.3.3 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Spray Up, 2022 - 2032F |
6.3.4 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Resin Transfer Molding (RTM), 2022 - 2032F |
6.3.5 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Pultrusion, 2022 - 2032F |
6.3.6 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Others, 2022 - 2032F |
6.4 Latvia Glass Fiber And GFRP Composites Market, By End-Use Industry |
6.4.1 Overview and Analysis |
6.4.2 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Automotive, 2022 - 2032F |
6.4.3 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Aerospace, 2022 - 2032F |
6.4.4 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Construction, 2022 - 2032F |
6.4.5 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Marine, 2022 - 2032F |
6.4.6 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Renewable Energy, 2022 - 2032F |
6.4.7 Latvia Glass Fiber And GFRP Composites Market Revenues & Volume, By Electronics, 2022 - 2032F |
7 Latvia Glass Fiber And GFRP Composites Market Import-Export Trade Statistics |
7.1 Latvia Glass Fiber And GFRP Composites Market Export to Major Countries |
7.2 Latvia Glass Fiber And GFRP Composites Market Imports from Major Countries |
8 Latvia Glass Fiber And GFRP Composites Market Key Performance Indicators |
9 Latvia Glass Fiber And GFRP Composites Market - Opportunity Assessment |
9.1 Latvia Glass Fiber And GFRP Composites Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Latvia Glass Fiber And GFRP Composites Market Opportunity Assessment, By Resin Type, 2022 & 2032F |
9.3 Latvia Glass Fiber And GFRP Composites Market Opportunity Assessment, By Manufacturing Process, 2022 & 2032F |
9.4 Latvia Glass Fiber And GFRP Composites Market Opportunity Assessment, By End-Use Industry, 2022 & 2032F |
10 Latvia Glass Fiber And GFRP Composites Market - Competitive Landscape |
10.1 Latvia Glass Fiber And GFRP Composites Market Revenue Share, By Companies, 2025 |
10.2 Latvia Glass Fiber And GFRP Composites 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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