| Product Code: ETC4792975 | 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 plastic building materials import market in 2024 saw consistent growth with a CAGR of 6.15% from 2020 to 2024, while experiencing a notable growth rate of 8.94% from 2023 to 2024. Key exporting countries like Lithuania, Poland, Germany, Estonia, and China played significant roles in supplying plastic building materials to Latvia. Despite the presence of these top exporting nations, the market remained relatively competitive with low concentration, indicating a diverse import landscape. Overall, the outlook for Latvia`s plastic building materials import sector appears positive with sustained growth and diversified sources of supply.

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 Plastic Building Materials Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastic Building Materials Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastic Building Materials Market - Industry Life Cycle |
3.4 Latvia Plastic Building Materials Market - Porter's Five Forces |
3.5 Latvia Plastic Building Materials Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Plastic Building Materials Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Latvia Plastic Building Materials Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing construction activities in Latvia |
4.2.2 Growing demand for sustainable and eco-friendly building materials |
4.2.3 Advancements in plastic technology leading to improved durability and functionality of plastic building materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Regulations and policies promoting the use of alternative materials |
4.3.3 Competition from traditional building materials like wood and concrete |
5 Latvia Plastic Building Materials Market Trends |
6 Latvia Plastic Building Materials Market Segmentations |
6.1 Latvia Plastic Building Materials Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastic Building Materials Market Revenues & Volume, By Thermoplastic, 2021-2031F |
6.1.3 Latvia Plastic Building Materials Market Revenues & Volume, By Thermosetting Plastic, 2021-2031F |
6.2 Latvia Plastic Building Materials Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastic Building Materials Market Revenues & Volume, By Flooring, 2021-2031F |
6.2.3 Latvia Plastic Building Materials Market Revenues & Volume, By Window and Door Panel, 2021-2031F |
6.2.4 Latvia Plastic Building Materials Market Revenues & Volume, By Siding, 2021-2031F |
6.2.5 Latvia Plastic Building Materials Market Revenues & Volume, By Piping, 2021-2031F |
6.2.6 Latvia Plastic Building Materials Market Revenues & Volume, By Roofing, 2021-2031F |
6.2.7 Latvia Plastic Building Materials Market Revenues & Volume, By Insulation, 2021-2031F |
7 Latvia Plastic Building Materials Market Import-Export Trade Statistics |
7.1 Latvia Plastic Building Materials Market Export to Major Countries |
7.2 Latvia Plastic Building Materials Market Imports from Major Countries |
8 Latvia Plastic Building Materials Market Key Performance Indicators |
8.1 Percentage of construction projects using plastic building materials |
8.2 Adoption rate of innovative plastic building materials in the market |
8.3 Investment in research and development for new plastic building material technologies |
9 Latvia Plastic Building Materials Market - Opportunity Assessment |
9.1 Latvia Plastic Building Materials Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Plastic Building Materials Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Latvia Plastic Building Materials Market - Competitive Landscape |
10.1 Latvia Plastic Building Materials Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastic Building Materials 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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