| Product Code: ETC7919237 | 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 PVC decking import market experienced robust growth in 2024, with key suppliers being Sweden, Lithuania, Netherlands, UK, and Estonia. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market. The impressive compound annual growth rate (CAGR) of 87.2% from 2020 to 2024 demonstrates strong demand for PVC decking in Latvia. Furthermore, the remarkable growth rate of 344.07% from 2023 to 2024 underscores the increasing popularity of PVC decking in the country. This data suggests a thriving market with opportunities for both suppliers and stakeholders in the PVC decking industry.

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 Polyvinyl Chloride (PVC) Decking Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Polyvinyl Chloride (PVC) Decking Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Polyvinyl Chloride (PVC) Decking Market - Industry Life Cycle |
3.4 Latvia Polyvinyl Chloride (PVC) Decking Market - Porter's Five Forces |
3.5 Latvia Polyvinyl Chloride (PVC) Decking Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Latvia Polyvinyl Chloride (PVC) Decking Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for low-maintenance decking solutions |
4.2.2 Growing preference for sustainable and eco-friendly construction materials |
4.2.3 Rising focus on outdoor living spaces and home improvement projects |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Competition from alternative decking materials such as wood and composite decking |
5 Latvia Polyvinyl Chloride (PVC) Decking Market Trends |
6 Latvia Polyvinyl Chloride (PVC) Decking Market, By Types |
6.1 Latvia Polyvinyl Chloride (PVC) Decking Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Latvia Polyvinyl Chloride (PVC) Decking Market Revenues & Volume, By Application, 2021- 2031F |
6.1.3 Latvia Polyvinyl Chloride (PVC) Decking Market Revenues & Volume, By Residential, 2021- 2031F |
6.1.4 Latvia Polyvinyl Chloride (PVC) Decking Market Revenues & Volume, By Commercial, 2021- 2031F |
6.1.5 Latvia Polyvinyl Chloride (PVC) Decking Market Revenues & Volume, By Industrial, 2021- 2031F |
7 Latvia Polyvinyl Chloride (PVC) Decking Market Import-Export Trade Statistics |
7.1 Latvia Polyvinyl Chloride (PVC) Decking Market Export to Major Countries |
7.2 Latvia Polyvinyl Chloride (PVC) Decking Market Imports from Major Countries |
8 Latvia Polyvinyl Chloride (PVC) Decking Market Key Performance Indicators |
8.1 Number of new residential construction projects incorporating PVC decking |
8.2 Percentage of construction companies using PVC decking in their projects |
8.3 Consumer awareness and perception of PVC decking as a durable and sustainable option |
8.4 Number of PVC decking manufacturers entering or expanding in the Latvian market |
9 Latvia Polyvinyl Chloride (PVC) Decking Market - Opportunity Assessment |
9.1 Latvia Polyvinyl Chloride (PVC) Decking Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Latvia Polyvinyl Chloride (PVC) Decking Market - Competitive Landscape |
10.1 Latvia Polyvinyl Chloride (PVC) Decking Market Revenue Share, By Companies, 2024 |
10.2 Latvia Polyvinyl Chloride (PVC) Decking 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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