| 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 |
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.

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.

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 |