| Product Code: ETC4735519 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Latvia`s polyamides import market in 2024 continued to showcase a high level of concentration, with top exporters being Belarus, Poland, Slovakia, Spain, and Czechia. The increasing Compound Annual Growth Rate (CAGR) of 2.96% from 2020 to 2024 indicates a steady upward trend in demand. Notably, the remarkable growth rate of 31.03% in 2024 highlights a surge in import activities for polyamides in Latvia, signaling potential opportunities and competitiveness in the market.

By 2027, the Polyamides market in Latvia is anticipated to reach a growth rate of 4.47%, as part of an increasingly competitive Europe region, where Germany remains at the forefront, supported by United Kingdom, France, Italy and Russia, driving innovations and market adoption across sectors.

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 Polyamides Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyamides Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyamides Market - Industry Life Cycle |
3.4 Latvia Polyamides Market - Porter's Five Forces |
3.5 Latvia Polyamides Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Latvia Polyamides Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.7 Latvia Polyamides Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Latvia Polyamides Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Latvia Polyamides Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for lightweight materials in automotive and aerospace industries |
4.2.2 Increasing adoption of polyamides in electrical and electronics applications |
4.2.3 Favorable government regulations promoting the use of eco-friendly materials |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Intense competition from other substitute materials |
4.3.3 Volatility in the global economy affecting market demand |
5 Latvia Polyamides Market Trends |
6 Latvia Polyamides Market Segmentations |
6.1 Latvia Polyamides Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyamides Market Revenues & Volume, By PA 6, 2021-2031F |
6.1.3 Latvia Polyamides Market Revenues & Volume, By PA 66, 2021-2031F |
6.1.4 Latvia Polyamides Market Revenues & Volume, By Bio Polyamides & Specialty Polyamides, 2021-2031F |
6.2 Latvia Polyamides Market, By Class |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyamides Market Revenues & Volume, By Aliphatic Polyamides, 2021-2031F |
6.2.3 Latvia Polyamides Market Revenues & Volume, By Semi-Aromatic & Aromatic Polyamides, 2021-2031F |
6.3 Latvia Polyamides Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyamides Market Revenues & Volume, By Fibers, 2021-2031F |
6.3.3 Latvia Polyamides Market Revenues & Volume, By Wire & Cables, 2021-2031F |
6.3.4 Latvia Polyamides Market Revenues & Volume, By 3D Printing, 2021-2031F |
6.3.5 Latvia Polyamides Market Revenues & Volume, By Sports Equipment, 2021-2031F |
6.3.6 Latvia Polyamides Market Revenues & Volume, By Engine Components, 2021-2031F |
6.3.7 Latvia Polyamides Market Revenues & Volume, By Brakes & Transmission Parts, 2021-2031F |
6.4 Latvia Polyamides Market, By End-use |
6.4.1 Overview and Analysis |
6.4.2 Latvia Polyamides Market Revenues & Volume, By Automotive, 2021-2031F |
6.4.3 Latvia Polyamides Market Revenues & Volume, By Electrical & Electronics, 2021-2031F |
6.4.4 Latvia Polyamides Market Revenues & Volume, By Textile, 2021-2031F |
6.4.5 Latvia Polyamides Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.4.6 Latvia Polyamides Market Revenues & Volume, By Packaging, 2021-2031F |
6.4.7 Latvia Polyamides Market Revenues & Volume, By Consumer Goods, 2021-2031F |
7 Latvia Polyamides Market Import-Export Trade Statistics |
7.1 Latvia Polyamides Market Export to Major Countries |
7.2 Latvia Polyamides Market Imports from Major Countries |
8 Latvia Polyamides Market Key Performance Indicators |
8.1 Research and development investment in new polyamide formulations |
8.2 Number of patents filed for innovative polyamide applications |
8.3 Percentage of recycled materials used in polyamide production |
8.4 Adoption rate of polyamides in new industries |
8.5 Compliance with environmental sustainability standards |
9 Latvia Polyamides Market - Opportunity Assessment |
9.1 Latvia Polyamides Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Latvia Polyamides Market Opportunity Assessment, By Class, 2021 & 2031F |
9.3 Latvia Polyamides Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Latvia Polyamides Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Latvia Polyamides Market - Competitive Landscape |
10.1 Latvia Polyamides Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyamides 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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