| Product Code: ETC5738453 | 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 |
The performance fabric import shipments to Latvia in 2024 demonstrated a diverse sourcing landscape, with top exporters including Belgium, Lithuania, Turkey, China, and Estonia. The market showed a notable decrease in concentration levels from 2023 to 2024, indicating a more evenly distributed supply base. Despite a concerning negative CAGR of -9.06% from 2020 to 2024, the growth rate in 2024 plummeted even further to -23.29%. This suggests a challenging market environment for performance fabric imports into Latvia, necessitating a closer examination of factors impacting this downward trend.

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 Performance Fabric Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Performance Fabric Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Performance Fabric Market - Industry Life Cycle |
3.4 Latvia Performance Fabric Market - Porter's Five Forces |
3.5 Latvia Performance Fabric Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Performance Fabric Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Performance Fabric Market Revenues & Volume Share, By End-use Industry, 2021 & 2031F |
4 Latvia Performance Fabric Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for high-performance and functional fabrics in sports and outdoor apparel industries |
4.2.2 Increasing awareness among consumers regarding the benefits of performance fabrics in terms of moisture-wicking, durability, and comfort |
4.2.3 Technological advancements leading to the development of innovative performance fabrics with enhanced properties |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the overall production costs of performance fabrics |
4.3.2 Intense competition from established global players in the performance fabric market |
4.3.3 Regulatory challenges and compliance requirements related to the use of certain chemicals in fabric manufacturing |
5 Latvia Performance Fabric Market Trends |
6 Latvia Performance Fabric Market Segmentations |
6.1 Latvia Performance Fabric Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Performance Fabric Market Revenues & Volume, By Coated fabrics, 2021-2031F |
6.1.3 Latvia Performance Fabric Market Revenues & Volume, By Polyamide, 2021-2031F |
6.1.4 Latvia Performance Fabric Market Revenues & Volume, By High-tenacity polyester, 2021-2031F |
6.1.5 Latvia Performance Fabric Market Revenues & Volume, By Composite fabrics, 2021-2031F |
6.1.6 Latvia Performance Fabric Market Revenues & Volume, By Aramid, 2021-2031F |
6.1.7 Latvia Performance Fabric Market Revenues & Volume, By Others, 2021-2031F |
6.2 Latvia Performance Fabric Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Performance Fabric Market Revenues & Volume, By Water resistance, 2021-2031F |
6.2.3 Latvia Performance Fabric Market Revenues & Volume, By Stain resistance, 2021-2031F |
6.2.4 Latvia Performance Fabric Market Revenues & Volume, By Abrasion resistance, 2021-2031F |
6.2.5 Latvia Performance Fabric Market Revenues & Volume, By Anti-microbial, 2021-2031F |
6.2.6 Latvia Performance Fabric Market Revenues & Volume, By Fire resistance, 2021-2031F |
6.2.7 Latvia Performance Fabric Market Revenues & Volume, By U.V. resistance, 2021-2031F |
6.3 Latvia Performance Fabric Market, By End-use Industry |
6.3.1 Overview and Analysis |
6.3.2 Latvia Performance Fabric Market Revenues & Volume, By Industrial, 2021-2031F |
6.3.3 Latvia Performance Fabric Market Revenues & Volume, By Defense & public safety, 2021-2031F |
6.3.4 Latvia Performance Fabric Market Revenues & Volume, By Construction, 2021-2031F |
6.3.5 Latvia Performance Fabric Market Revenues & Volume, By Fire-fighting, 2021-2031F |
6.3.6 Latvia Performance Fabric Market Revenues & Volume, By Aerospace & automotive, 2021-2031F |
6.3.7 Latvia Performance Fabric Market Revenues & Volume, By Sports apparel, 2021-2031F |
7 Latvia Performance Fabric Market Import-Export Trade Statistics |
7.1 Latvia Performance Fabric Market Export to Major Countries |
7.2 Latvia Performance Fabric Market Imports from Major Countries |
8 Latvia Performance Fabric Market Key Performance Indicators |
8.1 Research and development expenditure focused on enhancing fabric performance and sustainability |
8.2 Number of patents filed for new performance fabric technologies and applications |
8.3 Percentage of revenue derived from new product launches in the performance fabric segment |
8.4 Adoption rate of sustainable and eco-friendly practices in the production of performance fabrics |
8.5 Customer satisfaction scores related to the performance and quality of fabric products |
9 Latvia Performance Fabric Market - Opportunity Assessment |
9.1 Latvia Performance Fabric Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Performance Fabric Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Performance Fabric Market Opportunity Assessment, By End-use Industry, 2021 & 2031F |
10 Latvia Performance Fabric Market - Competitive Landscape |
10.1 Latvia Performance Fabric Market Revenue Share, By Companies, 2024 |
10.2 Latvia Performance Fabric 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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