| Product Code: ETC7918149 | 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 significant import shipments of paving materials, with top exporters being Estonia, Lithuania, Poland, Germany, and Uzbekistan. The High Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at a healthy 8.07%, showcasing a consistent upward trend. Notably, the growth rate spiked to an impressive 38.18% from 2023 to 2024, reflecting a surge in demand for paving materials in Latvia. This data suggests a thriving market for paving materials in the country with strong potential for continued growth.

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 Paving Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Paving Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Paving Materials Market - Industry Life Cycle |
3.4 Latvia Paving Materials Market - Porter's Five Forces |
3.5 Latvia Paving Materials Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Paving Materials Market Revenues & Volume Share, By Market Type, 2021 & 2031F |
3.7 Latvia Paving Materials Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Paving Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government investments in infrastructure development projects |
4.2.2 Growth in the construction industry in Latvia |
4.2.3 Rising urbanization leading to demand for modern and durable paving materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Environmental regulations impacting material choices |
4.3.3 Competition from alternative materials such as concrete or composite materials |
5 Latvia Paving Materials Market Trends |
6 Latvia Paving Materials Market, By Types |
6.1 Latvia Paving Materials Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Paving Materials Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Paving Materials Market Revenues & Volume, By Concrete, 2021- 2031F |
6.1.4 Latvia Paving Materials Market Revenues & Volume, By Stones, 2021- 2031F |
6.1.5 Latvia Paving Materials Market Revenues & Volume, By Bricks, 2021- 2031F |
6.1.6 Latvia Paving Materials Market Revenues & Volume, By Others, 2021- 2031F |
6.2 Latvia Paving Materials Market, By Market Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Paving Materials Market Revenues & Volume, By Direct Sales, 2021- 2031F |
6.2.3 Latvia Paving Materials Market Revenues & Volume, By Retail Sales, 2021- 2031F |
6.3 Latvia Paving Materials Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Paving Materials Market Revenues & Volume, By Residential Construction, 2021- 2031F |
6.3.3 Latvia Paving Materials Market Revenues & Volume, By Non-residential Construction, 2021- 2031F |
6.3.4 Latvia Paving Materials Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Paving Materials Market Import-Export Trade Statistics |
7.1 Latvia Paving Materials Market Export to Major Countries |
7.2 Latvia Paving Materials Market Imports from Major Countries |
8 Latvia Paving Materials Market Key Performance Indicators |
8.1 Average selling price per square meter of paving materials |
8.2 Number of new infrastructure projects announced or initiated |
8.3 Percentage of market share held by sustainable paving materials |
8.4 Customer satisfaction ratings for paving material durability and aesthetics |
9 Latvia Paving Materials Market - Opportunity Assessment |
9.1 Latvia Paving Materials Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Paving Materials Market Opportunity Assessment, By Market Type, 2021 & 2031F |
9.3 Latvia Paving Materials Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Paving Materials Market - Competitive Landscape |
10.1 Latvia Paving Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Paving Materials Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |