| Product Code: ETC12996277 | 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 |
Latvia`s polyacrylonitrile import market experienced a significant shift in 2024, with Lithuania, South Korea, Finland, Poland, and Italy emerging as the top exporting countries. Despite a high concentration level in 2023, the Herfindahl-Hirschman Index (HHI) decreased to reflect high concentration in 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was -7.8%, indicating a decline in overall imports. Furthermore, there was a notable decrease in the growth rate from 2023 to 2024, plummeting by -40.33%, signaling a challenging year for Latvia`s polyacrylonitrile import market.

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 Polyacrylonitrile Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyacrylonitrile Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyacrylonitrile Market - Industry Life Cycle |
3.4 Latvia Polyacrylonitrile Market - Porter's Five Forces |
3.5 Latvia Polyacrylonitrile Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyacrylonitrile Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Latvia Polyacrylonitrile Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.8 Latvia Polyacrylonitrile Market Revenues & Volume Share, By Properties, 2021 & 2031F |
4 Latvia Polyacrylonitrile Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight and high-strength materials in various industries |
4.2.2 Increasing focus on sustainable and eco-friendly products |
4.2.3 Technological advancements in polyacrylonitrile production processes |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials such as acrylonitrile |
4.3.2 Intense competition from alternative materials like polyester and nylon |
4.3.3 Regulatory challenges related to environmental standards and waste management |
5 Latvia Polyacrylonitrile Market Trends |
6 Latvia Polyacrylonitrile Market, By Types |
6.1 Latvia Polyacrylonitrile Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyacrylonitrile Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Latvia Polyacrylonitrile Market Revenues & Volume, By Staple Fiber, 2021 - 2031F |
6.1.4 Latvia Polyacrylonitrile Market Revenues & Volume, By Filament Fiber, 2021 - 2031F |
6.1.5 Latvia Polyacrylonitrile Market Revenues & Volume, By Powder, 2021 - 2031F |
6.1.6 Latvia Polyacrylonitrile Market Revenues & Volume, By Granules, 2021 - 2031F |
6.2 Latvia Polyacrylonitrile Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyacrylonitrile Market Revenues & Volume, By Textile, 2021 - 2031F |
6.2.3 Latvia Polyacrylonitrile Market Revenues & Volume, By Carbon Fiber, 2021 - 2031F |
6.2.4 Latvia Polyacrylonitrile Market Revenues & Volume, By Filtration Membranes, 2021 - 2031F |
6.2.5 Latvia Polyacrylonitrile Market Revenues & Volume, By Battery Separators, 2021 - 2031F |
6.3 Latvia Polyacrylonitrile Market, By End Use |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyacrylonitrile Market Revenues & Volume, By Clothing, 2021 - 2031F |
6.3.3 Latvia Polyacrylonitrile Market Revenues & Volume, By Aerospace, 2021 - 2031F |
6.3.4 Latvia Polyacrylonitrile Market Revenues & Volume, By Water Treatment, 2021 - 2031F |
6.3.5 Latvia Polyacrylonitrile Market Revenues & Volume, By Energy Storage, 2021 - 2031F |
6.4 Latvia Polyacrylonitrile Market, By Properties |
6.4.1 Overview and Analysis |
6.4.2 Latvia Polyacrylonitrile Market Revenues & Volume, By High Strength, 2021 - 2031F |
6.4.3 Latvia Polyacrylonitrile Market Revenues & Volume, By Lightweight, 2021 - 2031F |
6.4.4 Latvia Polyacrylonitrile Market Revenues & Volume, By Chemical Resistant, 2021 - 2031F |
6.4.5 Latvia Polyacrylonitrile Market Revenues & Volume, By Heat Resistant, 2021 - 2031F |
7 Latvia Polyacrylonitrile Market Import-Export Trade Statistics |
7.1 Latvia Polyacrylonitrile Market Export to Major Countries |
7.2 Latvia Polyacrylonitrile Market Imports from Major Countries |
8 Latvia Polyacrylonitrile Market Key Performance Indicators |
8.1 Research and development investment in new polyacrylonitrile applications |
8.2 Percentage increase in the adoption of polyacrylonitrile-based products in key industries |
8.3 Rate of innovation in production processes to enhance efficiency and reduce costs |
9 Latvia Polyacrylonitrile Market - Opportunity Assessment |
9.1 Latvia Polyacrylonitrile Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyacrylonitrile Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Latvia Polyacrylonitrile Market Opportunity Assessment, By End Use, 2021 & 2031F |
9.4 Latvia Polyacrylonitrile Market Opportunity Assessment, By Properties, 2021 & 2031F |
10 Latvia Polyacrylonitrile Market - Competitive Landscape |
10.1 Latvia Polyacrylonitrile Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyacrylonitrile 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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