| Product Code: ETC7919229 | 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 |
Latvia`s import of polyurethane spray foam insulation in 2024 saw a shift in concentration levels from high to moderate, indicating a more balanced market landscape. The top exporting countries to Latvia, including Germany, USA, Poland, Lithuania, and Finland, continue to play a significant role in supplying this product. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the past four years remains positive at 2.63%, suggesting steady expansion in the market. This data highlights ongoing opportunities and competition within the polyurethane spray foam insulation import sector in Latvia.

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 Polyurethane Spray Foam Insulation Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyurethane Spray Foam Insulation Market - Industry Life Cycle |
3.4 Latvia Polyurethane Spray Foam Insulation Market - Porter's Five Forces |
3.5 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.7 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume Share, By Density, 2021 & 2031F |
4 Latvia Polyurethane Spray Foam Insulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient buildings in Latvia |
4.2.2 Growing awareness about the benefits of polyurethane spray foam insulation |
4.2.3 Government initiatives promoting the use of sustainable building materials |
4.3 Market Restraints |
4.3.1 High initial installation costs of polyurethane spray foam insulation |
4.3.2 Limited availability of skilled professionals for installation and maintenance |
4.3.3 Competition from alternative insulation materials |
5 Latvia Polyurethane Spray Foam Insulation Market Trends |
6 Latvia Polyurethane Spray Foam Insulation Market, By Types |
6.1 Latvia Polyurethane Spray Foam Insulation Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume, By Two-component High-pressure, 2021- 2031F |
6.1.4 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume, By Two-component Low-pressure, 2021- 2031F |
6.1.5 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume, By One Component Foam, 2021- 2031F |
6.2 Latvia Polyurethane Spray Foam Insulation Market, By Category |
6.2.1 Overview and Analysis |
6.2.2 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume, By Close-cell Foam, 2021- 2031F |
6.2.3 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume, By Open-cell Foam, 2021- 2031F |
6.3 Latvia Polyurethane Spray Foam Insulation Market, By Density |
6.3.1 Overview and Analysis |
6.3.2 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume, By High (> 2 lbs/cubic ft.), 2021- 2031F |
6.3.3 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume, By Medium (> 0.5 to 2 lbs/cubic ft.), 2021- 2031F |
6.3.4 Latvia Polyurethane Spray Foam Insulation Market Revenues & Volume, By Low (Up to 0.5 lbs/cubic ft.), 2021- 2031F |
7 Latvia Polyurethane Spray Foam Insulation Market Import-Export Trade Statistics |
7.1 Latvia Polyurethane Spray Foam Insulation Market Export to Major Countries |
7.2 Latvia Polyurethane Spray Foam Insulation Market Imports from Major Countries |
8 Latvia Polyurethane Spray Foam Insulation Market Key Performance Indicators |
8.1 Energy savings achieved by buildings using polyurethane spray foam insulation |
8.2 Number of new construction projects opting for polyurethane spray foam insulation |
8.3 Adoption rate of polyurethane spray foam insulation in the construction industry |
9 Latvia Polyurethane Spray Foam Insulation Market - Opportunity Assessment |
9.1 Latvia Polyurethane Spray Foam Insulation Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Latvia Polyurethane Spray Foam Insulation Market Opportunity Assessment, By Category, 2021 & 2031F |
9.3 Latvia Polyurethane Spray Foam Insulation Market Opportunity Assessment, By Density, 2021 & 2031F |
10 Latvia Polyurethane Spray Foam Insulation Market - Competitive Landscape |
10.1 Latvia Polyurethane Spray Foam Insulation Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyurethane Spray Foam Insulation 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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