| Product Code: ETC7918926 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Latvia continues to see a steady growth in plastics imported for consumer electronics, with top exporters including Germany, Poland, China, Lithuania, and Italy. Despite the diverse sources, the market remains highly competitive with a very low concentration, indicating a balanced distribution among suppliers. The compound annual growth rate (CAGR) from 2020 to 2024 stands at a healthy 7.82%, showcasing sustained demand. However, a slight decline in the growth rate from 2023 to 2024 at -11.37% suggests a potential shift in market dynamics that importers and manufacturers should monitor closely.

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 in Consumer Electronics Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plastics in Consumer Electronics Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plastics in Consumer Electronics Market - Industry Life Cycle |
3.4 Latvia Plastics in Consumer Electronics Market - Porter's Five Forces |
3.5 Latvia Plastics in Consumer Electronics Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Latvia Plastics in Consumer Electronics Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Plastics in Consumer Electronics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for consumer electronics globally |
4.2.2 Technological advancements in the consumer electronics industry |
4.2.3 Growing adoption of lightweight and durable plastics in consumer electronics |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials for plastics production |
4.3.2 Environmental concerns related to plastic waste and recycling |
4.3.3 Intense competition from other materials like metals and composites in consumer electronics manufacturing |
5 Latvia Plastics in Consumer Electronics Market Trends |
6 Latvia Plastics in Consumer Electronics Market, By Types |
6.1 Latvia Plastics in Consumer Electronics Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Product, 2021- 2031F |
6.1.3 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Polycarbonate (PC), 2021- 2031F |
6.1.4 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Liquid Crystal Polymers (LCP), 2021- 2031F |
6.1.5 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By PC/ABS Glass Filled Resins, 2021- 2031F |
6.1.6 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Bio-based Polycarbonate Resin, 2021- 2031F |
6.1.7 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Thermoplastic Elastomers, 2021- 2031F |
6.1.8 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Polyamides, 2021- 2031F |
6.2 Latvia Plastics in Consumer Electronics Market, By End-use |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By TV Frames, 2021- 2031F |
6.2.3 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Laptop Monitor Enclosures, 2021- 2031F |
6.2.4 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By LCP Panels, 2021- 2031F |
6.2.5 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Portable Handheld Devices, 2021- 2031F |
6.2.6 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Wearables, 2021- 2031F |
6.2.7 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Mobile Phone Bodies, 2021- 2031F |
6.2.8 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Others, 2021- 2031F |
6.2.9 Latvia Plastics in Consumer Electronics Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Plastics in Consumer Electronics Market Import-Export Trade Statistics |
7.1 Latvia Plastics in Consumer Electronics Market Export to Major Countries |
7.2 Latvia Plastics in Consumer Electronics Market Imports from Major Countries |
8 Latvia Plastics in Consumer Electronics Market Key Performance Indicators |
8.1 Percentage of consumer electronics using plastics from Latvia |
8.2 Adoption rate of innovative plastic materials in new consumer electronic products |
8.3 Percentage increase in research and development investment for plastic applications in consumer electronics |
9 Latvia Plastics in Consumer Electronics Market - Opportunity Assessment |
9.1 Latvia Plastics in Consumer Electronics Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Latvia Plastics in Consumer Electronics Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Plastics in Consumer Electronics Market - Competitive Landscape |
10.1 Latvia Plastics in Consumer Electronics Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plastics in Consumer 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.
To discover high-growth global markets and optimize your business strategy:
Click Here