| Product Code: ETC5053788 | 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 polyester sewing thread import market in 2024 saw a decline in growth rate, with key exporting countries including Lithuania, Germany, China, Turkey, and Finland. Despite a negative CAGR from 2020-24, the market concentration, as measured by HHI, remained moderate. The significant drop in growth rate from 2023-24 indicates a challenging year for the industry, possibly influenced by various factors such as global economic conditions or supply chain disruptions. Monitoring these trends closely will be crucial for businesses operating in this 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 Polyester Sewing Thread Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyester Sewing Thread Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyester Sewing Thread Market - Industry Life Cycle |
3.4 Latvia Polyester Sewing Thread Market - Porter's Five Forces |
3.5 Latvia Polyester Sewing Thread Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyester Sewing Thread Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Polyester Sewing Thread Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for polyester sewing thread due to its durability and versatility in various textile applications. |
4.2.2 Increasing adoption of polyester sewing thread in the fashion and textile industry in Latvia. |
4.2.3 Rising trend of DIY sewing projects among consumers driving the demand for polyester sewing thread. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting the production cost of polyester sewing thread. |
4.3.2 Competition from alternative materials like cotton or nylon threads affecting the market share of polyester sewing thread. |
4.3.3 Impact of economic conditions on consumer spending behavior influencing the demand for polyester sewing thread. |
5 Latvia Polyester Sewing Thread Market Trends |
6 Latvia Polyester Sewing Thread Market Segmentations |
6.1 Latvia Polyester Sewing Thread Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyester Sewing Thread Market Revenues & Volume, By Polyester Filament Line, 2021-2031F |
6.1.3 Latvia Polyester Sewing Thread Market Revenues & Volume, By Modified Polyester Filament Elastic Sewing Thread, 2021-2031F |
6.1.4 Latvia Polyester Sewing Thread Market Revenues & Volume, By Spun Polyester Sewing Thread, 2021-2031F |
6.1.5 Latvia Polyester Sewing Thread Market Revenues & Volume, By Core-spun Sewing Thread, 2021-2031F |
6.2 Latvia Polyester Sewing Thread Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyester Sewing Thread Market Revenues & Volume, By Shoes, 2021-2031F |
6.2.3 Latvia Polyester Sewing Thread Market Revenues & Volume, By Sewing Zippers, 2021-2031F |
6.2.4 Latvia Polyester Sewing Thread Market Revenues & Volume, By Leather Goods, 2021-2031F |
6.2.5 Latvia Polyester Sewing Thread Market Revenues & Volume, By Clothing, 2021-2031F |
6.2.6 Latvia Polyester Sewing Thread Market Revenues & Volume, By Gloves, 2021-2031F |
7 Latvia Polyester Sewing Thread Market Import-Export Trade Statistics |
7.1 Latvia Polyester Sewing Thread Market Export to Major Countries |
7.2 Latvia Polyester Sewing Thread Market Imports from Major Countries |
8 Latvia Polyester Sewing Thread Market Key Performance Indicators |
8.1 Number of new fashion designers or textile businesses using polyester sewing thread. |
8.2 Growth in the number of sewing workshops or DIY sewing events in Latvia. |
8.3 Percentage increase in the adoption of polyester sewing thread in industrial sewing applications. |
9 Latvia Polyester Sewing Thread Market - Opportunity Assessment |
9.1 Latvia Polyester Sewing Thread Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyester Sewing Thread Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Polyester Sewing Thread Market - Competitive Landscape |
10.1 Latvia Polyester Sewing Thread Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyester Sewing Thread 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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