| Product Code: ETC5296247 | 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 |
In 2024, Latvia continued to heavily rely on imports of Oriented Strand Board, with top exporting countries being Poland, Czechia, Lithuania, Romania, and Germany. Despite a negative Compound Annual Growth Rate (CAGR) of -10.03% from 2020 to 2024, the industry experienced a remarkable growth spurt with a growth rate of 266.62% in 2024 alone. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, suggesting opportunities for market players to capitalize on the growing demand for Oriented Strand Board in Latvia.

The Oriented Strand Board market in Latvia is projected to grow at a growing growth rate of 9.35% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Oriented Strand Board Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Oriented Strand Board Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Oriented Strand Board Market - Industry Life Cycle |
3.4 Latvia Oriented Strand Board Market - Porter's Five Forces |
3.5 Latvia Oriented Strand Board Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.6 Latvia Oriented Strand Board Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Oriented Strand Board Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Latvia Oriented Strand Board Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for affordable and sustainable construction materials |
4.2.2 Growth in the construction industry in Latvia |
4.2.3 Rising awareness about the benefits of oriented strand board (OSB) over traditional wood products |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices, such as wood chips and resins |
4.3.2 Competition from alternative construction materials like plywood and fiberboard |
4.3.3 Impact of economic downturns on construction activities in Latvia |
5 Latvia Oriented Strand Board Market Trends |
6 Latvia Oriented Strand Board Market Segmentations |
6.1 Latvia Oriented Strand Board Market, By Grade |
6.1.1 Overview and Analysis |
6.1.2 Latvia Oriented Strand Board Market Revenues & Volume, By OSB/1, 2021-2031F |
6.1.3 Latvia Oriented Strand Board Market Revenues & Volume, By OSB/2, 2021-2031F |
6.1.4 Latvia Oriented Strand Board Market Revenues & Volume, By OSB/3, 2021-2031F |
6.1.5 Latvia Oriented Strand Board Market Revenues & Volume, By OSB/4, 2021-2031F |
6.2 Latvia Oriented Strand Board Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Oriented Strand Board Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Latvia Oriented Strand Board Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.4 Latvia Oriented Strand Board Market Revenues & Volume, By Flooring, 2021-2031F |
6.2.5 Latvia Oriented Strand Board Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.6 Latvia Oriented Strand Board Market Revenues & Volume, By Others, 2021-2031F |
6.3 Latvia Oriented Strand Board Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Oriented Strand Board Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Latvia Oriented Strand Board Market Revenues & Volume, By Non-residential, 2021-2031F |
7 Latvia Oriented Strand Board Market Import-Export Trade Statistics |
7.1 Latvia Oriented Strand Board Market Export to Major Countries |
7.2 Latvia Oriented Strand Board Market Imports from Major Countries |
8 Latvia Oriented Strand Board Market Key Performance Indicators |
8.1 Average selling price of OSB in the market |
8.2 Number of new construction projects utilizing OSB |
8.3 Percentage increase in OSB production capacity in Latvia |
8.4 Adoption rate of OSB in various construction applications |
8.5 Customer satisfaction levels with OSB products |
9 Latvia Oriented Strand Board Market - Opportunity Assessment |
9.1 Latvia Oriented Strand Board Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.2 Latvia Oriented Strand Board Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Oriented Strand Board Market Opportunity Assessment, By End User, 2021 & 2031F |
10 Latvia Oriented Strand Board Market - Competitive Landscape |
10.1 Latvia Oriented Strand Board Market Revenue Share, By Companies, 2024 |
10.2 Latvia Oriented Strand Board 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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