| Product Code: ETC5052990 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s nylon import market in 2024 continued to be dominated by top exporting countries such as Italy, Netherlands, and Germany. Despite a high concentration level, the market witnessed a notable decline with a CAGR of -9.46% from 2020 to 2024. The growth rate for the year 2023-24 further decreased by -25.92%, indicating a challenging environment for nylon imports in Latvia. Monitoring shifts in market dynamics and exploring strategies to adapt to changing trends will be crucial for stakeholders in the industry.

In the Europe region, the Nylon market in Latvia is projected to expand at a stable growth rate of 0.31% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

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 Nylon Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Nylon Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Nylon Market - Industry Life Cycle |
3.4 Latvia Nylon Market - Porter's Five Forces |
3.5 Latvia Nylon Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Nylon Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Nylon Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for nylon in various industries such as automotive, textiles, and packaging due to its durability and versatility. |
4.2.2 Growing emphasis on sustainable and eco-friendly materials, with nylon being increasingly used in recycled forms. |
4.2.3 Technological advancements leading to the development of new nylon variants with enhanced properties and applications. |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting the overall production cost of nylon. |
4.3.2 Regulatory challenges related to environmental concerns and waste management in the nylon production process. |
4.3.3 Competition from alternative materials such as polyester and polypropylene affecting market penetration. |
5 Latvia Nylon Market Trends |
6 Latvia Nylon Market Segmentations |
6.1 Latvia Nylon Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Nylon Market Revenues & Volume, By Nylon 6, 2021-2031F |
6.1.3 Latvia Nylon Market Revenues & Volume, By Nylon 66, 2021-2031F |
6.2 Latvia Nylon Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Nylon Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.3 Latvia Nylon Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.2.4 Latvia Nylon Market Revenues & Volume, By Engineering Plastics, 2021-2031F |
6.2.5 Latvia Nylon Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.6 Latvia Nylon Market Revenues & Volume, By Others, 2021-2031F |
7 Latvia Nylon Market Import-Export Trade Statistics |
7.1 Latvia Nylon Market Export to Major Countries |
7.2 Latvia Nylon Market Imports from Major Countries |
8 Latvia Nylon Market Key Performance Indicators |
8.1 Adoption rate of recycled nylon materials in the market. |
8.2 Number of new product launches utilizing nylon in innovative applications. |
8.3 Investment in research and development for nylon technologies and applications. |
9 Latvia Nylon Market - Opportunity Assessment |
9.1 Latvia Nylon Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Nylon Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Nylon Market - Competitive Landscape |
10.1 Latvia Nylon Market Revenue Share, By Companies, 2024 |
10.2 Latvia Nylon 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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