| Product Code: ETC5305690 | 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 plate sheets import market in 2024 continued to see a significant influx of shipments primarily from Poland, Germany, Lithuania, China, and Finland. The market concentration, as indicated by the HHI, remained at high levels, reflecting the dominance of key exporting countries. The impressive compound annual growth rate (CAGR) of 23.15% from 2020 to 2024 underscores the growing demand for plate sheets in Latvia. Moreover, the robust growth rate of 12.37% from 2023 to 2024 indicates a sustained momentum in import activity, highlighting the country`s reliance on these key trading partners for its plate sheets 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 Plate Sheets Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Plate Sheets Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Plate Sheets Market - Industry Life Cycle |
3.4 Latvia Plate Sheets Market - Porter's Five Forces |
3.5 Latvia Plate Sheets Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Plate Sheets Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Plate Sheets Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Latvia leading to increased demand for plate sheets |
4.2.2 Government investments in infrastructure projects driving the market for plate sheets |
4.2.3 Technological advancements in manufacturing processes improving the quality and efficiency of plate sheets production |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices impacting the cost of production |
4.3.2 Competitive pressure from imported plate sheets affecting the market dynamics |
4.3.3 Environmental regulations impacting manufacturing practices and costs |
5 Latvia Plate Sheets Market Trends |
6 Latvia Plate Sheets Market Segmentations |
6.1 Latvia Plate Sheets Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Plate Sheets Market Revenues & Volume, By Plastic, 2021-2031F |
6.1.3 Latvia Plate Sheets Market Revenues & Volume, By Metal, 2021-2031F |
6.1.4 Latvia Plate Sheets Market Revenues & Volume, By Wood, 2021-2031F |
6.1.5 Latvia Plate Sheets Market Revenues & Volume, By Other, 2021-2031F |
6.2 Latvia Plate Sheets Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Plate Sheets Market Revenues & Volume, By Construction, 2021-2031F |
6.2.3 Latvia Plate Sheets Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.4 Latvia Plate Sheets Market Revenues & Volume, By Furniture, 2021-2031F |
6.2.5 Latvia Plate Sheets Market Revenues & Volume, By Durable Consumer Goods, 2021-2031F |
6.2.6 Latvia Plate Sheets Market Revenues & Volume, By Other, 2021-2031F |
7 Latvia Plate Sheets Market Import-Export Trade Statistics |
7.1 Latvia Plate Sheets Market Export to Major Countries |
7.2 Latvia Plate Sheets Market Imports from Major Countries |
8 Latvia Plate Sheets Market Key Performance Indicators |
8.1 Average selling price (ASP) of plate sheets in Latvia |
8.2 Percentage of revenue invested in research and development for product innovation |
8.3 Percentage of market share held by domestic plate sheet manufacturers in Latvia |
9 Latvia Plate Sheets Market - Opportunity Assessment |
9.1 Latvia Plate Sheets Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Plate Sheets Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Plate Sheets Market - Competitive Landscape |
10.1 Latvia Plate Sheets Market Revenue Share, By Companies, 2024 |
10.2 Latvia Plate Sheets 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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