| Product Code: ETC10178677 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
In 2024, Latvia`s import shipments of preformed firestop devices were primarily sourced from key European countries like Germany, Sweden, Lithuania, Poland, and Norway. The market showed low concentration, indicated by a low Herfindahl-Hirschman Index (HHI). Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for 2020-2024 stood at a healthy 6.75%. This suggests a stable market with consistent growth potential in the coming years, especially with the strong partnerships established with top 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 Preformed Firestop Devices Market Overview |
3.1 Latvia Country Macro Economic Indicators |
3.2 Latvia Preformed Firestop Devices Market Revenues & Volume, 2021 & 2031F |
3.3 Latvia Preformed Firestop Devices Market - Industry Life Cycle |
3.4 Latvia Preformed Firestop Devices Market - Porter's Five Forces |
3.5 Latvia Preformed Firestop Devices Market Revenues & Volume Share, By Type of Material, 2021 & 2031F |
3.6 Latvia Preformed Firestop Devices Market Revenues & Volume Share, By Installation Method, 2021 & 2031F |
3.7 Latvia Preformed Firestop Devices Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Latvia Preformed Firestop Devices Market Revenues & Volume Share, By Application Area, 2021 & 2031F |
3.9 Latvia Preformed Firestop Devices Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Latvia Preformed Firestop Devices Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Latvia Preformed Firestop Devices Market Trends |
6 Latvia Preformed Firestop Devices Market, By Types |
6.1 Latvia Preformed Firestop Devices Market, By Type of Material |
6.1.1 Overview and Analysis |
6.1.2 Latvia Preformed Firestop Devices Market Revenues & Volume, By Type of Material, 2021 - 2031F |
6.1.3 Latvia Preformed Firestop Devices Market Revenues & Volume, By Silicone, 2021 - 2031F |
6.1.4 Latvia Preformed Firestop Devices Market Revenues & Volume, By Intumescent, 2021 - 2031F |
6.1.5 Latvia Preformed Firestop Devices Market Revenues & Volume, By Mineral Seal, 2021 - 2031F |
6.1.6 Latvia Preformed Firestop Devices Market Revenues & Volume, By Acrylic, 2021 - 2031F |
6.2 Latvia Preformed Firestop Devices Market, By Installation Method |
6.2.1 Overview and Analysis |
6.2.2 Latvia Preformed Firestop Devices Market Revenues & Volume, By Mechanical, 2021 - 2031F |
6.2.3 Latvia Preformed Firestop Devices Market Revenues & Volume, By Manual Installation, 2021 - 2031F |
6.2.4 Latvia Preformed Firestop Devices Market Revenues & Volume, By Pre-fabricated, 2021 - 2031F |
6.2.5 Latvia Preformed Firestop Devices Market Revenues & Volume, By Automated, 2021 - 2031F |
6.3 Latvia Preformed Firestop Devices Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Latvia Preformed Firestop Devices Market Revenues & Volume, By Hospitals, 2021 - 2031F |
6.3.3 Latvia Preformed Firestop Devices Market Revenues & Volume, By Medical Facilities, 2021 - 2031F |
6.3.4 Latvia Preformed Firestop Devices Market Revenues & Volume, By Clinics, 2021 - 2031F |
6.3.5 Latvia Preformed Firestop Devices Market Revenues & Volume, By Research Institutions, 2021 - 2031F |
6.4 Latvia Preformed Firestop Devices Market, By Application Area |
6.4.1 Overview and Analysis |
6.4.2 Latvia Preformed Firestop Devices Market Revenues & Volume, By Wall Penetrations, 2021 - 2031F |
6.4.3 Latvia Preformed Firestop Devices Market Revenues & Volume, By Pipe Penetrations, 2021 - 2031F |
6.4.4 Latvia Preformed Firestop Devices Market Revenues & Volume, By Floor Penetrations, 2021 - 2031F |
6.4.5 Latvia Preformed Firestop Devices Market Revenues & Volume, By Ceiling Penetrations, 2021 - 2031F |
6.5 Latvia Preformed Firestop Devices Market, By Product Type |
6.5.1 Overview and Analysis |
6.5.2 Latvia Preformed Firestop Devices Market Revenues & Volume, By Firestop Pillows, 2021 - 2031F |
6.5.3 Latvia Preformed Firestop Devices Market Revenues & Volume, By Firestop Wraps, 2021 - 2031F |
6.5.4 Latvia Preformed Firestop Devices Market Revenues & Volume, By Firestop Collars, 2021 - 2031F |
6.5.5 Latvia Preformed Firestop Devices Market Revenues & Volume, By Firestop Blocks, 2021 - 2031F |
7 Latvia Preformed Firestop Devices Market Import-Export Trade Statistics |
7.1 Latvia Preformed Firestop Devices Market Export to Major Countries |
7.2 Latvia Preformed Firestop Devices Market Imports from Major Countries |
8 Latvia Preformed Firestop Devices Market Key Performance Indicators |
9 Latvia Preformed Firestop Devices Market - Opportunity Assessment |
9.1 Latvia Preformed Firestop Devices Market Opportunity Assessment, By Type of Material, 2021 & 2031F |
9.2 Latvia Preformed Firestop Devices Market Opportunity Assessment, By Installation Method, 2021 & 2031F |
9.3 Latvia Preformed Firestop Devices Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Latvia Preformed Firestop Devices Market Opportunity Assessment, By Application Area, 2021 & 2031F |
9.5 Latvia Preformed Firestop Devices Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Latvia Preformed Firestop Devices Market - Competitive Landscape |
10.1 Latvia Preformed Firestop Devices Market Revenue Share, By Companies, 2024 |
10.2 Latvia Preformed Firestop Devices 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.
To discover high-growth global markets and optimize your business strategy:
Click Here