| Product Code: ETC7919202 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Despite the negative CAGR from 2020 to 2024, the polypropylene and polypropylene composites import shipments to Latvia experienced a significant growth rate of 32.32% in 2024. The top exporting countries, including Lithuania, Germany, Netherlands, South Korea, and Belgium, indicate a diverse range of sources for these products. The high Herfindahl-Hirschman Index (HHI) concentration in 2024 suggests a relatively concentrated market landscape. This data highlights the dynamic nature of the polypropylene market in Latvia, with fluctuations in growth rates and concentration levels impacting the import landscape.

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 Polypropylene and Polypropylene Composites Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polypropylene and Polypropylene Composites Market - Industry Life Cycle |
3.4 Latvia Polypropylene and Polypropylene Composites Market - Porter's Five Forces |
3.5 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume Share, By Fiber Type, 2021 & 2031F |
3.7 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Polypropylene and Polypropylene Composites Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for lightweight materials in automotive and construction industries |
4.2.2 Growing awareness about the benefits of using polypropylene composites over traditional materials |
4.2.3 Government initiatives promoting the use of sustainable materials in various applications |
4.3 Market Restraints |
4.3.1 Fluctuating prices of raw materials impacting production costs |
4.3.2 Intense competition from other materials like polyethylene and PVC |
4.3.3 Lack of skilled workforce for manufacturing high-quality polypropylene products |
5 Latvia Polypropylene and Polypropylene Composites Market Trends |
6 Latvia Polypropylene and Polypropylene Composites Market, By Types |
6.1 Latvia Polypropylene and Polypropylene Composites Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Polypropylene (PP), 2021- 2031F |
6.1.4 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Polypropylene Composites, 2021- 2031F |
6.2 Latvia Polypropylene and Polypropylene Composites Market, By Fiber Type |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Glass Fiber, 2021- 2031F |
6.2.3 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Carbon Fiber, 2021- 2031F |
6.2.4 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Others, 2021- 2031F |
6.3 Latvia Polypropylene and Polypropylene Composites Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Packaging, 2021- 2031F |
6.3.3 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Building and Construction, 2021- 2031F |
6.3.4 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Automotive, 2021- 2031F |
6.3.5 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Electrical and Electronics, 2021- 2031F |
6.3.6 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Aerospace and Defence, 2021- 2031F |
6.3.7 Latvia Polypropylene and Polypropylene Composites Market Revenues & Volume, By Others, 2021- 2031F |
7 Latvia Polypropylene and Polypropylene Composites Market Import-Export Trade Statistics |
7.1 Latvia Polypropylene and Polypropylene Composites Market Export to Major Countries |
7.2 Latvia Polypropylene and Polypropylene Composites Market Imports from Major Countries |
8 Latvia Polypropylene and Polypropylene Composites Market Key Performance Indicators |
8.1 Percentage of polypropylene and polypropylene composites used in new automotive designs |
8.2 Number of partnerships or collaborations between manufacturers and research institutions to develop innovative polypropylene products |
8.3 Percentage of companies adopting sustainable practices in their production processes |
9 Latvia Polypropylene and Polypropylene Composites Market - Opportunity Assessment |
9.1 Latvia Polypropylene and Polypropylene Composites Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Latvia Polypropylene and Polypropylene Composites Market Opportunity Assessment, By Fiber Type, 2021 & 2031F |
9.3 Latvia Polypropylene and Polypropylene Composites Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Polypropylene and Polypropylene Composites Market - Competitive Landscape |
10.1 Latvia Polypropylene and Polypropylene Composites Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polypropylene and Polypropylene Composites 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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