| Product Code: ETC13105909 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Latvia continued to import plastic extrusion molded parts predominantly from Germany, Poland, China, Lithuania, and Italy. The market shows a healthy Compound Annual Growth Rate (CAGR) of 7.44% from 2020 to 2024, indicating sustained expansion. However, there was a slight decline in growth rate from 2023 to 2024 at -11.36%. Despite the top exporting countries, the Herfindahl-Hirschman Index (HHI) remained at very low concentration levels in 2024, suggesting a diverse and competitive market landscape for plastic extrusion molded parts in Latvia.

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 Extrusion Molded Parts Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastic Extrusion Molded Parts Market - Industry Life Cycle |
3.4 Latvia Plastic Extrusion Molded Parts Market - Porter's Five Forces |
3.5 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Plastic Extrusion Molded Parts Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and durable plastic components in various industries |
4.2.2 Technological advancements in plastic extrusion molding processes leading to increased efficiency and quality of parts |
4.2.3 Favorable government regulations promoting the use of plastics for sustainable and cost-effective solutions |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting production costs |
4.3.2 Intense competition from other manufacturing methods such as injection molding and 3D printing |
5 Latvia Plastic Extrusion Molded Parts Market Trends |
6 Latvia Plastic Extrusion Molded Parts Market, By Types |
6.1 Latvia Plastic Extrusion Molded Parts Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Profiles, 2021 - 2031F |
6.1.4 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Tubing, 2021 - 2031F |
6.1.5 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Sheets, 2021 - 2031F |
6.1.6 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Custom, 2021 - 2031F |
6.1.7 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Standard, 2021 - 2031F |
6.2 Latvia Plastic Extrusion Molded Parts Market, By Material Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By PVC, 2021 - 2031F |
6.2.3 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By ABS, 2021 - 2031F |
6.2.4 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By HDPE, 2021 - 2031F |
6.2.5 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Polycarbonate, 2021 - 2031F |
6.2.6 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By PE, 2021 - 2031F |
6.2.7 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Nylon, 2021 - 2029F |
6.2.8 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By TPE, 2021 - 2029F |
6.2.9 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By TPE, 2021 - 2029F |
6.3 Latvia Plastic Extrusion Molded Parts Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.3.3 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.3.4 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Industrial, 2021 - 2031F |
6.4 Latvia Plastic Extrusion Molded Parts Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.4.3 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Consumer Goods, 2021 - 2031F |
6.4.4 Latvia Plastic Extrusion Molded Parts Market Revenues & Volume, By Medical Devices, 2021 - 2031F |
7 Latvia Plastic Extrusion Molded Parts Market Import-Export Trade Statistics |
7.1 Latvia Plastic Extrusion Molded Parts Market Export to Major Countries |
7.2 Latvia Plastic Extrusion Molded Parts Market Imports from Major Countries |
8 Latvia Plastic Extrusion Molded Parts Market Key Performance Indicators |
8.1 Scrap rate percentage in plastic extrusion molding process |
8.2 Energy consumption per unit of plastic part produced |
8.3 Number of new product developments using plastic extrusion molding technology |
8.4 Customer satisfaction index for plastic extrusion molded parts |
9 Latvia Plastic Extrusion Molded Parts Market - Opportunity Assessment |
9.1 Latvia Plastic Extrusion Molded Parts Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Plastic Extrusion Molded Parts Market Opportunity Assessment, By Material Type, 2021 & 2031F |
9.3 Latvia Plastic Extrusion Molded Parts Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Plastic Extrusion Molded Parts Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Plastic Extrusion Molded Parts Market - Competitive Landscape |
10.1 Latvia Plastic Extrusion Molded Parts Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastic Extrusion Molded Parts Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |