Latvia Polymers Market (2025-2031) | Industry, Trends, Share, Value, Companies, Analysis, Outlook, Growth, Forecast, Segmentation, Size & Revenue

Name: Latvia Polymers Market (2025-2031) | Size & Value
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy
Keywords: Polymers Market, Latvia Polymers Market, Latvia Polymers Market Revenues, Latvia Polymers Market Share, Latvia Polymers Market Size, Latvia Polymers Market Outlook, Latvia Polymers Market Report, Latvia Polymers Market Competition, Latvia Polymers Market Overview, Latvia Polymers Market Trends, Latvia Polymers Market Forecast

Market Forecast By Type (Thermoplastics, Thermosets, Elastomers), By Product (Polyethylene, Polyvinyl Chloride, Polypropylene, Polystyrene, Polyamide, Polyurethane, Polyacrylamide), By Application (Packaging, Electronics, Food, Petrochemicals, Healthcare, Building & Construction, Electronics & Communication, Transportation) And Competitive Landscape

Product Code: ETC5516077	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 Polymers Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Latvia`s polymer import market continued to show moderate concentration, with top exporting countries being Germany, Lithuania, South Korea, Poland, and Belgium. Despite a slight decline in the compound annual growth rate (CAGR) from 2020-2024 at -1.12%, there was a notable growth spurt in 2023-2024 at 12.37%. This growth, coupled with diversified sources of imports, indicates a resilient and dynamic polymer market in Latvia, offering opportunities for market players to capitalize on emerging trends and strengthen partnerships with key exporting countries.

Latvia Polymers Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Polymers Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

By 2027, Latvia's Polymers market is forecasted to achieve a stable growth rate of 3.63%, with Germany leading the Europe region, followed by United Kingdom, France, Italy and Russia.

Polymers Market: Latvia vs Top 5 Major Economies in 2027 (Europe)

Key Highlights of the Report:

Latvia Polymers Market Outlook
Market Size of Latvia Polymers Market, 2024
Forecast of Latvia Polymers Market, 2031
Historical Data and Forecast of Latvia Polymers Revenues & Volume for the Period 2021-2031
Latvia Polymers Market Trend Evolution
Latvia Polymers Market Drivers and Challenges
Latvia Polymers Price Trends
Latvia Polymers Porter`s Five Forces
Latvia Polymers Industry Life Cycle
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Type for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Thermoplastics for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Thermosets for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Elastomers for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Product for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Polyethylene for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Polyvinyl Chloride for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Polypropylene for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Polystyrene for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Polyamide for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Polyurethane for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Polyacrylamide for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Application for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Packaging for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Electronics for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Food for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Petrochemicals for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Healthcare for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Building & Construction for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Electronics & Communication for the Period 2021-2031
Historical Data and Forecast of Latvia Polymers Market Revenues & Volume By Transportation for the Period 2021-2031
Latvia Polymers Import Export Trade Statistics
Market Opportunity Assessment By Type
Market Opportunity Assessment By Product
Market Opportunity Assessment By Application
Latvia Polymers Top Companies Market Share
Latvia Polymers Competitive Benchmarking By Technical and Operational Parameters
Latvia Polymers Company Profiles
Latvia Polymers Key Strategic Recommendations

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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 Polymers Market Overview

3.1 Latvia Country Macro Economic Indicators

3.2 Latvia Polymers Market Revenues & Volume, 2021 & 2031F

3.3 Latvia Polymers Market - Industry Life Cycle

3.4 Latvia Polymers Market - Porter's Five Forces

3.5 Latvia Polymers Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Latvia Polymers Market Revenues & Volume Share, By Product, 2021 & 2031F

3.7 Latvia Polymers Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Latvia Polymers Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for packaging materials in various industries

4.2.2 Growing construction activities driving the demand for polymer products

4.2.3 Technological advancements leading to the development of innovative polymer materials

4.3 Market Restraints

4.3.1 Volatility in raw material prices impacting production costs

4.3.2 Environmental concerns leading to a shift towards sustainable and eco-friendly alternatives

5 Latvia Polymers Market Trends

6 Latvia Polymers Market Segmentations

6.1 Latvia Polymers Market, By Type

6.1.1 Overview and Analysis

6.1.2 Latvia Polymers Market Revenues & Volume, By Thermoplastics, 2021-2031F

6.1.3 Latvia Polymers Market Revenues & Volume, By Thermosets, 2021-2031F

6.1.4 Latvia Polymers Market Revenues & Volume, By Elastomers, 2021-2031F

6.2 Latvia Polymers Market, By Product

6.2.1 Overview and Analysis

6.2.2 Latvia Polymers Market Revenues & Volume, By Polyethylene, 2021-2031F

6.2.3 Latvia Polymers Market Revenues & Volume, By Polyvinyl Chloride, 2021-2031F

6.2.4 Latvia Polymers Market Revenues & Volume, By Polypropylene, 2021-2031F

6.2.5 Latvia Polymers Market Revenues & Volume, By Polystyrene, 2021-2031F

6.2.6 Latvia Polymers Market Revenues & Volume, By Polyamide, 2021-2031F

6.2.7 Latvia Polymers Market Revenues & Volume, By Polyurethane, 2021-2031F

6.3 Latvia Polymers Market, By Application

6.3.1 Overview and Analysis

6.3.2 Latvia Polymers Market Revenues & Volume, By Packaging, 2021-2031F

6.3.3 Latvia Polymers Market Revenues & Volume, By Electronics, 2021-2031F

6.3.4 Latvia Polymers Market Revenues & Volume, By Food, 2021-2031F

6.3.5 Latvia Polymers Market Revenues & Volume, By Petrochemicals, 2021-2031F

6.3.6 Latvia Polymers Market Revenues & Volume, By Healthcare, 2021-2031F

6.3.7 Latvia Polymers Market Revenues & Volume, By Building & Construction, 2021-2031F

6.3.8 Latvia Polymers Market Revenues & Volume, By Transportation, 2021-2031F

6.3.9 Latvia Polymers Market Revenues & Volume, By Transportation, 2021-2031F

7 Latvia Polymers Market Import-Export Trade Statistics

7.1 Latvia Polymers Market Export to Major Countries

7.2 Latvia Polymers Market Imports from Major Countries

8 Latvia Polymers Market Key Performance Indicators

8.1 Percentage of recycled polymers used in manufacturing processes

8.2 Research and development investment in new polymer technologies

8.3 Adoption rate of biodegradable polymers in the market

9 Latvia Polymers Market - Opportunity Assessment

9.1 Latvia Polymers Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Latvia Polymers Market Opportunity Assessment, By Product, 2021 & 2031F

9.3 Latvia Polymers Market Opportunity Assessment, By Application, 2021 & 2031F

10 Latvia Polymers Market - Competitive Landscape

10.1 Latvia Polymers Market Revenue Share, By Companies, 2024

10.2 Latvia Polymers Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

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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