| Product Code: ETC5527249 | 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 |
Latvia`s plasterboard import market in 2024 saw a continued dominance of top exporting countries such as Poland, Germany, Denmark, Lithuania, and Finland. With a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the industry experienced a modest Compound Annual Growth Rate (CAGR) of 1.36% from 2020 to 2024. However, a concerning decline in growth rate of -28.21% from 2023 to 2024 suggests potential challenges or shifts in the market dynamics that importers and stakeholders should monitor closely.

The Plasterboard market in Latvia is projected to grow at a stable growth rate of 0.62% by 2027, within the Europe region led by Germany, along with other countries like United Kingdom, France, Italy and Russia, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.

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 Plasterboard Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plasterboard Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plasterboard Market - Industry Life Cycle |
3.4 Latvia Plasterboard Market - Porter's Five Forces |
3.5 Latvia Plasterboard Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Latvia Plasterboard Market Revenues & Volume Share, By Form, 2021 & 2031F |
3.7 Latvia Plasterboard Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Latvia Plasterboard Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing construction industry in Latvia |
4.2.2 Increasing demand for eco-friendly and sustainable building materials |
4.2.3 Government initiatives promoting infrastructure development |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices |
4.3.2 Competition from alternative building materials |
4.3.3 Economic uncertainties impacting construction projects |
5 Latvia Plasterboard Market Trends |
6 Latvia Plasterboard Market Segmentations |
6.1 Latvia Plasterboard Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plasterboard Market Revenues & Volume, By Standard, 2021-2031F |
6.1.3 Latvia Plasterboard Market Revenues & Volume, By Fire-resistant, 2021-2031F |
6.1.4 Latvia Plasterboard Market Revenues & Volume, By Sound-insulated, 2021-2031F |
6.1.5 Latvia Plasterboard Market Revenues & Volume, By Moisture-resistant, 2021-2031F |
6.1.6 Latvia Plasterboard Market Revenues & Volume, By Thermal, 2021-2031F |
6.1.7 Latvia Plasterboard Market Revenues & Volume, By Specialist, 2021-2031F |
6.1.9 Latvia Plasterboard Market Revenues & Volume, By Triple low-e, gas-filled, 2021-2031F |
6.1.10 Latvia Plasterboard Market Revenues & Volume, By Triple low-e, gas-filled, 2021-2031F |
6.2 Latvia Plasterboard Market, By Form |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plasterboard Market Revenues & Volume, By Tapered-edged, 2021-2031F |
6.2.3 Latvia Plasterboard Market Revenues & Volume, By Square-edged, 2021-2031F |
6.3 Latvia Plasterboard Market, By End-users |
6.3.1 Overview and Analysis |
6.3.2 Latvia Plasterboard Market Revenues & Volume, By Residential, 2021-2031F |
6.3.3 Latvia Plasterboard Market Revenues & Volume, By Non-residential, 2021-2031F |
7 Latvia Plasterboard Market Import-Export Trade Statistics |
7.1 Latvia Plasterboard Market Export to Major Countries |
7.2 Latvia Plasterboard Market Imports from Major Countries |
8 Latvia Plasterboard Market Key Performance Indicators |
8.1 Average selling price of plasterboard products |
8.2 Number of new construction projects in Latvia |
8.3 Adoption rate of eco-friendly plasterboard products |
8.4 Export volume of plasterboard products from Latvia |
9 Latvia Plasterboard Market - Opportunity Assessment |
9.1 Latvia Plasterboard Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Latvia Plasterboard Market Opportunity Assessment, By Form, 2021 & 2031F |
9.3 Latvia Plasterboard Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Latvia Plasterboard Market - Competitive Landscape |
10.1 Latvia Plasterboard Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plasterboard 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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