| Product Code: ETC13108981 | 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`s plastics electronics import market continued to see a diverse range of suppliers, with Metropolitan France, Lithuania, Belgium, Estonia, and Germany leading the pack. Despite the varied sources, the market remained relatively unconcentrated with a low Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020-2024 was a robust 12.92%, indicating a healthy expansion over the period. However, there was a slight dip in the growth rate from 2023-2024, with a decrease of -2.89%, suggesting a potential slowdown in the import market for plastics electronics 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 Plastics Electronics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastics Electronics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastics Electronics Market - Industry Life Cycle |
3.4 Latvia Plastics Electronics Market - Porter's Five Forces |
3.5 Latvia Plastics Electronics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Plastics Electronics Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Latvia Plastics Electronics Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.8 Latvia Plastics Electronics Market Revenues & Volume Share, By End Use, 2021 & 2031F |
4 Latvia Plastics Electronics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight and durable electronic devices |
4.2.2 Technological advancements leading to the development of innovative plastic electronics |
4.2.3 Growing adoption of plastic electronics in various industries such as healthcare, automotive, and consumer electronics |
4.3 Market Restraints |
4.3.1 High initial investment required for research and development in plastic electronics |
4.3.2 Limited availability of skilled workforce in the field of plastic electronics |
4.3.3 Environmental concerns regarding the disposal of plastic electronics waste |
5 Latvia Plastics Electronics Market Trends |
6 Latvia Plastics Electronics Market, By Types |
6.1 Latvia Plastics Electronics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastics Electronics Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Plastics Electronics Market Revenues & Volume, By Injection Molded, 2021 - 2031F |
6.1.4 Latvia Plastics Electronics Market Revenues & Volume, By Thermoformed, 2021 - 2031F |
6.1.5 Latvia Plastics Electronics Market Revenues & Volume, By Extruded, 2021 - 2031F |
6.1.6 Latvia Plastics Electronics Market Revenues & Volume, By Coatings, 2021 - 2031F |
6.1.7 Latvia Plastics Electronics Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Latvia Plastics Electronics Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastics Electronics Market Revenues & Volume, By ABS, 2021 - 2031F |
6.2.3 Latvia Plastics Electronics Market Revenues & Volume, By Polycarbonate, 2021 - 2031F |
6.2.4 Latvia Plastics Electronics Market Revenues & Volume, By PET, 2021 - 2031F |
6.2.5 Latvia Plastics Electronics Market Revenues & Volume, By PEEK, 2021 - 2031F |
6.2.6 Latvia Plastics Electronics Market Revenues & Volume, By Others, 2021 - 2031F |
6.3 Latvia Plastics Electronics Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Latvia Plastics Electronics Market Revenues & Volume, By Circuit Boards, 2021 - 2031F |
6.3.3 Latvia Plastics Electronics Market Revenues & Volume, By Enclosures, 2021 - 2031F |
6.3.4 Latvia Plastics Electronics Market Revenues & Volume, By Displays, 2021 - 2031F |
6.3.5 Latvia Plastics Electronics Market Revenues & Volume, By Sensors, 2021 - 2031F |
6.3.6 Latvia Plastics Electronics Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Latvia Plastics Electronics Market, By End Use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Plastics Electronics Market Revenues & Volume, By Consumer Electronics, 2021 - 2031F |
6.4.3 Latvia Plastics Electronics Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.4.4 Latvia Plastics Electronics Market Revenues & Volume, By Telecommunications, 2021 - 2031F |
6.4.5 Latvia Plastics Electronics Market Revenues & Volume, By Healthcare, 2021 - 2031F |
6.4.6 Latvia Plastics Electronics Market Revenues & Volume, By Others, 2021 - 2031F |
7 Latvia Plastics Electronics Market Import-Export Trade Statistics |
7.1 Latvia Plastics Electronics Market Export to Major Countries |
7.2 Latvia Plastics Electronics Market Imports from Major Countries |
8 Latvia Plastics Electronics Market Key Performance Indicators |
8.1 Percentage of research and development investment in plastic electronics compared to total revenue |
8.2 Number of patents filed for innovative plastic electronics technologies |
8.3 Adoption rate of plastic electronics in key industries such as healthcare and automotive |
9 Latvia Plastics Electronics Market - Opportunity Assessment |
9.1 Latvia Plastics Electronics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Plastics Electronics Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Latvia Plastics Electronics Market Opportunity Assessment, By Component, 2021 & 2031F |
9.4 Latvia Plastics Electronics Market Opportunity Assessment, By End Use, 2021 & 2031F |
10 Latvia Plastics Electronics Market - Competitive Landscape |
10.1 Latvia Plastics Electronics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastics Electronics 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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