| Product Code: ETC5688844 | 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 |
The polyolefins import shipments to Latvia in 2024 saw significant growth, with top exporting countries including the USA, Germany, Netherlands, South Korea, and Israel. The market concentration, as measured by the HHI, increased from moderate to high in 2024, indicating a more competitive landscape. The impressive compound annual growth rate of 33.48% from 2020 to 2024 demonstrates the market`s strong expansion, with a notable growth rate of 31.68% from 2023 to 2024 alone. This data suggests a thriving polyolefins market in Latvia with increasing import activity and competition among key exporting nations.

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 Polyolefins Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyolefins Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyolefins Market - Industry Life Cycle |
3.4 Latvia Polyolefins Market - Porter's Five Forces |
3.5 Latvia Polyolefins Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyolefins Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Polyolefins Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for flexible packaging solutions in various industries |
4.2.2 Growth in construction activities driving the demand for polyolefins in pipes, fittings, and insulation materials |
4.2.3 Favorable government regulations promoting the use of polyolefins in various applications |
4.3 Market Restraints |
4.3.1 Volatility in raw material prices impacting the production cost |
4.3.2 Environmental concerns related to the disposal and recycling of polyolefins |
4.3.3 Competition from alternative materials such as bio-based plastics and recycled plastics |
5 Latvia Polyolefins Market Trends |
6 Latvia Polyolefins Market Segmentations |
6.1 Latvia Polyolefins Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyolefins Market Revenues & Volume, By Polethylene, 2021-2031F |
6.1.3 Latvia Polyolefins Market Revenues & Volume, By Polypropylene, 2021-2031F |
6.1.4 Latvia Polyolefins Market Revenues & Volume, By Functional Polyolefins, 2021-2031F |
6.2 Latvia Polyolefins Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyolefins Market Revenues & Volume, By Film & Sheet, 2021-2031F |
6.2.3 Latvia Polyolefins Market Revenues & Volume, By Injection Molding, 2021-2031F |
6.2.4 Latvia Polyolefins Market Revenues & Volume, By Blow Molding, 2021-2031F |
6.2.5 Latvia Polyolefins Market Revenues & Volume, By Fibers & Raffia, 2021-2031F |
7 Latvia Polyolefins Market Import-Export Trade Statistics |
7.1 Latvia Polyolefins Market Export to Major Countries |
7.2 Latvia Polyolefins Market Imports from Major Countries |
8 Latvia Polyolefins Market Key Performance Indicators |
8.1 Capacity utilization rate of polyolefin production facilities in Latvia |
8.2 Average selling price of polyolefins in the market |
8.3 Innovation and research development investment in polyolefin technologies |
8.4 Percentage of polyolefins used in sustainable and recyclable applications |
8.5 Energy efficiency and carbon footprint reduction initiatives in polyolefin manufacturing processes |
9 Latvia Polyolefins Market - Opportunity Assessment |
9.1 Latvia Polyolefins Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyolefins Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Polyolefins Market - Competitive Landscape |
10.1 Latvia Polyolefins Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyolefins 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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